Keone Hon from Monad

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Monad was in the news in April 2024 for raising a little over $225 million. As of publishing, it is the largest venture round round in crypto for the year. But what even justifies that amount of money going into a new network? Why is it even needed?
Our latest episode is an hour long conversation with Keone Hon. Prior to building Monad, he spent a decade as a quant working on high frequency trading strategies. He and his crew, have been building a blockchain from the ground up, with the intention of supporting large-scale financial markets. What would that take?
A custom state database, a whole new consensus mechanism and an alternative approach to transaction execution.
Sounds like jargon? It likely does. Keone explains how these things work in fairly simple terms. Along the way, he breaks down notes for founders looking to raise and how to engage with communities while building a protocol.
Tune in for some alpha on what could be built on Monad and what it takes to make 10,0000 transactions per second possible on a blockchain.

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1. High-Performance Blockchain Tech and Community (00:00:00)

2. Improving Execution in Parallel Blockchain Technology (00:13:44)

3. Parallel Execution and Consensus in Blockchain (00:21:39)

4. Community Building in the Crypto Space (00:35:05)

5. Community Feedback and Fundraising Strategies (00:44:29)