MegaETH
MegaETH is an Ethereum Layer 2 blockchain developed by MegaLabs, targeting sub-10-millisecond block times and throughput exceeding 100,000 transactions per second. The project describes itself as the first "real-time blockchain," aiming to bring transaction speeds comparable to traditional Web2 applications to the Ethereum ecosystem. Its public mainnet launched on February 9, 2026.[1]
MegaETH was co-founded by Yilong Li (CEO), Lei Yang (CTO), and Shuyao Kong (CBO), all with backgrounds in the Ethereum and high-performance systems research communities. The project raised a $20 million seed round in 2024 led by Dragonfly Capital, with participation from Ethereum co-founders Vitalik Buterin and Joe Lubin. In October 2025 it completed a $450 million token sale representing 5% of the MEGA supply.[1]
The network's architecture splits transaction ordering, execution, and verification across specialized node types rather than requiring each node to handle all functions. State is stored in RAM rather than on disk, and a novel trie design called SALT (Small Authentication Large Trie) keeps the authentication structure in memory to reduce latency.
References
- ↑ 1.0 1.1 February 9, 2026. "MegaETH debuts mainnet as Ethereum scaling debate heats up". CoinDesk.