This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

MegaETH is an EVM L2 that settles to Ethereum. 

What makes it special?

Well…it’s fast.

MegaETH markets itself as the first “real-time” blockchain. It theoretically claims to be able to process about 1.7 gigagas/s (or 1,700 Mgas/s) in transaction speeds on its current testnet.

Let’s put that into context. 

1,700 Mgas/s completely dwarfs the speeds of the major L2s like Optimism (15 Mgas/s) and Arbitrum (128 Mgas/s).

It also eclipses Base’s announced target goal to hit 1000 Mgas/s, or Monad L1’s 300 Mgas/s.

Source: MegaETH

The chain claims to have 10 ms…

Read more on Blockworks