Tianwang public chain Monad is launched on the test network, and the interactive guide is provided

Foresight News
Foresight News02/20/2025, 11:00 PM
This article will provide you with a detailed introduction to Monad’s project background and financing, as well as specific guidelines on how to claim test coins and participate in testnet interactions, to help you quickly get started with the rising star project and make a lot of money.

Written by: 1912212.eth, Foresight News

On February 19, the king project Monad was officially launched on the test network. As a project featuring ultra-high throughput, low-cost transactions and full compatibility with the Ethereum Virtual Machine (EVM), the launch of Monad not only attracted the attention of many developers, but also ignited the enthusiasm of ordinary users to participate in testing.

This article will provide you with a detailed introduction to Monad’s project background and financing, as well as specific guidelines on how to claim test coins and participate in testnet interactions, to help you quickly get started with the rising star project and make a lot of money.

High-performance public chain Monad

Monad is a Layer-1 blockchain focused on scalability and high performance, designed to solve the pain points of existing public chains (such as Ethereum) in terms of transaction speed and cost. Its core goal is to achieve an ultra-high throughput of 10,000 transactions per second (TPS), while reducing gas fees to an extremely low level and maintaining seamless compatibility with the Ethereum ecosystem. Compared with the current mainstream public chains, Monad's performance goal even exceeds Solana (about 1,500 TPS), which makes it highly anticipated by the community.

Monad's technological innovation is mainly reflected in two aspects. The first is its unique MonadBFT consensus mechanism, which is an optimized Byzantine fault-tolerant algorithm that can significantly improve the transaction confirmation speed while ensuring decentralization. The second is the parallel execution architecture, which allows transactions and smart contract computing tasks to be performed simultaneously, thereby greatly improving network efficiency. These features make Monad not only suitable for daily payment scenarios in theory, but also support complex decentralized applications.

Behind Monad are core team members including Keone Hon (CEO), who has worked at top fintech companies such as Jump Trading, and other technical experts who have been deeply involved in the fields of distributed systems and encryption technology for many years. With strong technical strength and clear vision, Monad has performed well in the financing market. According to public information, Monad Labs completed a $225 million seed round of financing led by Paradigm in early 2024, setting a new record for the financing amount of Layer-1 projects at the time. Participating institutions also include well-known venture capital firms such as Electric Capital, Coinbase Ventures and Castle Island Ventures.

Get test coins to participate in the test

Currently, wallets that support the Monad test network include Phantom, OKX Web3 wallet, Backpack, etc. After confirming that a supported wallet is installed, choose to add the network to the wallet.

Tianwang public chain Monad is launched on the test network, and the interactive guide is provided

The network parameters are set as follows:

  • Network Name: Monad Testnet
  • RPC URL: https://testnet-rpc.monad.xyz
  • Chain ID: 10143
  • Currency symbol: MON
  • Block explorer URL: https://monad-testnet.socialscan.io//

The first step to participate in the Monad testnet is to obtain test coins. The tokens in the testnet are not real assets and are only used for simulated transactions and testing functions.

The official website provides the following ways to obtain test coins, and users can choose the appropriate method according to their needs.

Official Faucet

Monad officially set up a faucet function on its testnet page. Users only need to connect a compatible wallet (such as MetaMask), enter the wallet address and complete a simple verification code verification to receive a certain number of test tokens. To prevent abuse, the number and quantity of daily collections are limited, with a maximum of one request every 12 hours. (If you have problems using the faucet, please check your existing EVM address - there may already be funds there)

Tianwang public chain Monad is launched on the test network, and the interactive guide is provided

Community Missions and Airdrops

The Monad team has launched a number of testnet tasks in cooperation with the community. Users can get additional test coins after completing the specified operations. For example, following the official account on Discord or Twitter, participating in AMA (question and answer activities), or inviting friends to join the testnet, you will have the opportunity to get rewards. At present, Monad officials have airdropped test coins to more than 8.8 million active Ethereum addresses (which means that these addresses may have passed the witch screening). Users can click on the link to view the number of test coins available. https://testnet.monadexplorer.com/

Third-party platform support

Some blockchain testing tool platforms, such as Alchemy or QuickNode, may cooperate with Monad to provide test coin collection services. Users can apply through the developer page of these platforms. The process is similar to the official faucet, but occasionally more reward tokens will be attached, which is suitable for developers who need large amounts of test coins. When collecting test coins, it is recommended to use a wallet address configured specifically for the test network to avoid confusion with main network assets.

Interaction Guide

After obtaining the test coins, users can start interacting with the Monad testnet. Here are the main steps to participate in the test

Basic interactions: transfers and transactions

The simplest way to interact is to perform a test coin transfer. Users can send a small amount of MONAD to other addresses (such as a friend's test wallet) to experience the transaction speed and cost.

Tianwang public chain Monad is launched on the test network, and the interactive guide is provided

Deploy and call smart contracts

For developers, Monad's EVM compatibility is a highlight. Users can use Solidity to write smart contracts and deploy them to the test network through tools such as Remix or Hardhat. After deployment, you can call contract functions (such as simple counters or token transfers) to test Monad's parallel execution capabilities. The official provides detailed developer documentation, and it is recommended to refer to the sample code to get started quickly.

Participate in ecological DApp testing

Monad testnet may have launched some early DApps, such as DEX or NFT market. Users can find these applications through block browsers or community recommendations, and interact with them after connecting to the wallet. These operations not only help to familiarize yourself with the ecosystem, but also may accumulate points for subsequent mainnet airdrops. Ecosystem official website: https://www.monad.xyz/ecosystem

Tianwang public chain Monad is launched on the test network, and the interactive guide is provided

Precautions

  • Security: The testnet does not involve real assets, but you still need to be wary of phishing links and fake websites, and give priority to using official channels.
  • Feedback: Monad encourages users to report bugs or suggestions found during testing, which can be submitted through the official website or Discord.
  • Records: Save records of interactions (such as transaction hashes) in case they are needed for future activities.

Finally, if you participate in the testnet interaction, help Monad write some tutorials, submit bugs or constructive suggestions, help it with localized promotion (operating Twitter, etc.), help introduce industry resources to the project team (exclusive interviews, introduction of well-known project parties), etc., there is a certain probability of obtaining official rewards.

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Author: Foresight News

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