Several tweets discuss the development of Parallel EVMs, particularly by Monad and Sei v2, which aim to enable parallelized EVM transactions, leading to scaling, higher TPS, less congestion, and lower fees. The use of Parallel EVMs is seen as a competition to all EVM chains, including L2s, and is expected to incentivize L2s to move towards true decentralization. Additionally, Polygon POS is noted for already having a Type 3 Parallel EVM-powered runtime system, while Monad is expected to offer a Type 2 Parallel EVM.
Polygon POS has had parallelized evm live since β22. Thanks to works by Aptos parallelized move VM, Polygon did theirs on EVM. So now yunno the first and itβs not a new thing https://t.co/Rr2lPUUAQv
When it comes to Parallel EVMs, Polygon POS exhibits a Type 3 Parallel EVM-powered runtime system. (Monad is expected to offer a Type 2 Parallel EVM) More on Parallel EVM types π https://t.co/BXX9WdIl4D https://t.co/8IcsNvIAGu
another benefit of EVM-alt-L1s for Ethereum is they create a real incentive for L2s to move more quickly towards true decentralization to credibly tap into the value proposition of building on Ethereum through inherited L1 security and censorship-resistant access to ETH, etc.
Monad and Sei v2 will allow parallelised EVM transactions. The benefit of this is scaling and higher TPS w/ less congestion and lower fees. This is competition to all EVM chains including L2s, it's an area that's been ignored by the Ethereum scaling roadmap. It is NOTβ¦
Monad is probably best known for its Parallel EVM. However the key to making Parallel EVM actually performant is MonadDb, the Parallel Access Database, which enables high-performance state access with minimal RAM requirements, because the bottleneck is state. Without it, Parallel⦠https://t.co/Hhaw7gRflT