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Keone Hon

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@keoneHD

cofounder / GM @monad đź’ś

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keone.sh Joined January 2009
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Keone Hon Verified account @keoneHD
What Monad has so far:

- High quality open-source C++/rust codebase with many HFT-style optimizations and architectural changes

- Public audits and clear docs that put the technology first. Transparency -- no hand-waving, no unsubstantiated claims

- High-performance system focused on true decentralization, running continuously in testnet with 186 globally distributed validators at 5000-10000 tps

- MonadBFT, a frontier consensus mechanism featuring 400ms block times, 800ms finality, large globally-distributed validator set, and tail-fork resistance

- Async Execution (while supporting EIP-7702 through the Reserve Balance mechanism)

- MonadDb for efficient merkle trie storage

- Native code compiler for frequently used contracts

- Interconnected community of smart, thoughtful crypto-natives who will grow in influence over the next few years

- Ecosystem of promising young startup founders, ready to take their shot

- Over $100m in ecosystem funding pre-mainnet

- Founder support through DeltaV, the Monad Founder Residency, Monad Madness, and more

- Monad Momentum, an incentives program focused on efficient UA and repeatable growth loops to help decentralized apps acquire normie users

- A north star of making open-source, decentralized systems more powerful

But there's still so much more to do. Are you excited?
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Keone Hon Verified account @keoneHD
MEV-resistant chains do exist, and TradFi wants to work with them

Why: fairness, compliance, user expectation
Andy Verified account @andyyy 2d
DTCC digital assets CTO Dan Doney just said MEV is one of the biggest issues they consider as part of their tokenization effort.

He says “MEV resistant chains do exist” and they want to work with them.

More broadly - he says quantum, privacy, and scalability are the larger issues at hand for them.

He says that blockchain networks simply cannot handle the scale that DTCC is doing on a given day.

For reference, this is about $12-15 trillion in settlement per day.
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Keone Hon Verified account @keoneHD
"Don't Review the Code: formal spec-first smart contract development"

A talk from @mijovic988 at @EFDevcon about how to build smart contracts with AI and formal verification. Get the spec right!
mijovic Verified account @mijovic988 2d
If you missed my talk at @EFDevcon, you can watch it on youtube youtu.be/-UVRO6RM4ew?is…

Reach out to me if you are interested in the topic.
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Keone Hon Verified account @keoneHD
At the beginnings of a movement, to outsiders, the odds seem impossibly long. How could a tiny thing change the world? The believers, what idiots they are. How embarrassing, to believe something might matter.

To the believers, the signals are there. In hindsight, those signals become obvious. But in the moment, it is not easy to drown out the wisdom of the crowd. Good luck.