MegaETH: A Real-Time Blockchain for Web 2.0–Scale DApps

The scalability trilemma has long been a formidable challenge for the blockchain industry. Most established chains maintain decentralization and security, but struggle with limited scalability while high-performance Layer 1 (L1) blockchains often compromise decentralization to achieve high throughput. 

What if we could push throughput to unprecedented levels without compromising security or decentralization? 

Enter MegaETH — a project backed by industry leaders such as Ethereum co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and Dragonfly Capital. With the first real-time Ethereum virtual machine (EVM)–compatible chain —i.e., one that can process transactions as soon as they arrive, and then publish the resulting state changes — MegaETH aims to redefine blockchain performance. In this article, we delve into the scaling limitations of current blockchains and examine how MegaETH aims to solve them. Let's dive in!

Key Takeaways:

• MegaETH aims to provide an effective solution to the blockchain trilemma, one that doesn't compromise on speed, scalability, security or decentralization.

• MegaETH is the first real-time chain that aims to host Web 2.0–scale apps and bridge the gap between blockchain networks and traditional cloud computing servers.

• The project is backed by the likes of Dragonfly Capital, Vitalik Buterin and Joseph Lubin, and its key features include a heterogeneous blockchain architecture and a hyper-optimized EVM execution environment.