ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, Layer2 infrastructure MegaETH co-founder Shu Yao shared a keynote speech titled "MegaETH: Building the First Real-Time Blockchain Network."Since 2020, the two main scalability roadmaps advocated by Ethereum founder Vitalik Buterin, OP Rollup and ZK Rollup, have seen innovations occurring at the consensus layer. Although both have their advantages, they have not resolved performance issues, primarily due to the lack of consensus on sequencer validation. MegaETH aims to address these problems.Shu Yao stated that MegaETH is building a Layer2 solution that integrates ultra-high throughput, extremely low latency, and EVM compatibility, aiming to accelerate Ethereum's journey towards the ultimate form of scalability.Shu Yao mentioned that the MegaETH network can process up to 100,000 transactions per second (TPS) with sub-millisecond ultra-low latency, aiming to create the first real-time block network.She explained that the ultra-low latency of the block network means that all applications can run in real-time, which is extremely important for consumer applications. The extremely low latency will unlock previously unimaginable consumer applications.For more content from the conference, please check the following links:Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, Ethereum scaling solution t1 protocol has completed a $2.5 million Pre-seed round of financing, led by a16z CSX, with participation from Espresso, Frax, Cow Swap, ETH Global, ENSO, INJECTIVE, TITAN, as well as Guy Wuollet, Ali Yahya, Eric Chen, and others.In addition, t1 protocol has become a member of a16z Crypto Startup School (CSX).According to RootData, the t1 protocol is a fast finality scaling solution for Ethereum. It supports real-time proof generation to unify Ethereum.

ChainCatcher news, Ethereum scaling solution Fuel announces the launch of its second public testnet "Beta-2". The main features of the Beta-2 testnet include: connection to Ethereum's Goerli network, a single shared network, Faucet, GraphQL endpoints, no whitelisting, and a block explorer. Developers participating in Beta-2 can build and test cross-chain dApps.Fuel developer Fuel Labs stated that since the first public Fuel testnet "Beta-1", Fuel has seen over 130,000 transactions in 2 months, and 10 applications have been publicly launched on Fuel. (source link)