MegaETH officially launched its public mainnet, entering the market with an ambitious claim: becoming the world’s first “real-time” blockchain.
The debut lands amid an intensifying debate inside the Ethereum ecosystem over whether scaling should rely on Layer 2 rollups or return to high-performance, monolithic-style execution.
MegaETH’s timing is deliberate. As congestion, latency, and user experience remain persistent pain points across existing networks, the project positions itself as an answer to the question many developers are now asking: can Ethereum-based infrastructure truly operate at web-scale speed without sacrificing decentralization?
MegaETH’s design prioritizes raw responsiveness, explicitly optimizing around modern hardware constraints rather than traditional blockchain bottlenecks.
The network targets throughput of up to 100,000 transactions per second, with block times measured in milliseconds rather than seconds.
During a week-long stress test ahead of launch, the network processed 10.7 billion transactions while sustaining roughly 35,000 TPS. Latency during these trials reportedly remained between 1 and 10 milliseconds, placing MegaETH closer to centralized server performance than conventional blockchain execution environments.
This focus on speed reframes scalability not as a theoretical ceiling, but as a practical engineering problem constrained by CPUs, memory, and network throughput.
Rather than batching transactions in the manner typical of rollups, MegaETH introduces a specialized node model that separates responsibilities across the network. Sequencers handle execution and require high-end hardware, while Provers and Full Nodes focus on validation and verification, reducing overhead where possible.
A core component of this approach is its state architecture, known as SALT — Small Authentication Large Trie. By keeping authentication structures resident in RAM, MegaETH minimizes disk input/output operations, a common source of latency in high-throughput systems.
Despite these structural changes, the network remains fully EVM-compatible. Existing Ethereum tools such as MetaMask and Hardhat can be used without modification, lowering the friction for developers migrating decentralized applications from Ethereum or other L2 environments.
MegaETH enters the market with backing from prominent crypto figures, including Vitalik Buterin and Dragonfly Capital. Its tokenomics are designed to reinforce the project’s performance-first narrative.
The MEGA token is embedded directly into network mechanics through so-called proximity markets. Applications and high-frequency traders can bid for physical or logical closeness to the sequencer, reducing latency to sub-millisecond levels. More than half of the total 10 billion token supply, approximately 53%, is locked behind key performance indicators, including total value locked, decentralization milestones, and sustained latency thresholds.
Rather than releasing tokens on a fixed calendar, supply expansion depends on the network meeting measurable operational goals. In addition, revenues generated from the USDM stablecoin are earmarked for ongoing MEGA token buybacks, creating a feedback loop between network usage and token demand.
MegaETH’s launch is widely viewed as a direct challenge to high-performance Layer 1 blockchains such as Solana, which have long emphasized speed and low latency as core advantages. The experiment now unfolding is whether Ethereum’s Layer 2 ecosystem can deliver comparable responsiveness while inheriting Ethereum’s security and developer network.
If MegaETH’s real-time claims hold up under sustained public usage, the project could reshape expectations around what Ethereum-based infrastructure is capable of delivering. At minimum, its debut raises the bar for performance across the broader scaling landscape, forcing both L1s and L2s to confront latency as the next frontier of competition.
