Ethereum was originally envisioned as an open, permissionless platform, allowing anyone with an idea to participate. However, its expansion has led to fragmentation, with siloed ecosystems emerging. MegaETH presents a promising solution to re-unite Ethereum and realize its original vision.
As Ethereum grew, the need for scalability arose. This led to the emergence of new blockchains and rollup solutions, resulting in a fragmented ecosystem. The same assets often exist on multiple platforms in various forms, leading to a loss of coordination between applications.
Fragmentation extends beyond technical hurdles; it impacts the developer experience. Teams must migrate their applications to different chains to retain users, starting from scratch each time. Liquidity erodes, followed by users, weakening the cohesion of the Ethereum community.
MegaETH represents Ethereum’s first real opportunity to expand block space supply in a single execution environment. By providing an ultra-low latency environment and low transaction costs, MegaETH aims to fulfill the world computer vision.
MegaETH enables efficient, high-performance execution for real-time applications. Developers can build applications without worrying about the user’s location, fostering streamlined coordination. This new environment supports latency-sensitive applications like high-frequency trading, instant lending, and fully on-chain multiplayer games.
In the context of MegaETH, those who have experienced fragmentation are rebuilding together. The MegaMafia focuses on rebuilding the infrastructure to enable collaboration among components that already function well.
Avon brings the same philosophy to credit markets. Instead of deploying another pool, Avon introduces a coordination layer that connects different strategies, allowing them to respond to each other in real-time. This creates a unified view of loans, even amidst market volatility.
Ethereum doesn’t need another chain; it needs a center where people converge. MegaETH provides a place to transact, MegaMafia provides the drive to transact, and Avon provides a coordination layer for funds to flow. Together, these initiatives aim to combat fragmentation and realize Ethereum's vision as a world computer.
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