MegaETH Launches Public Testnet, Raises $30 Million for Web2-Level Performance and Instant Transactions

MegaETH Labs has launched its public testnet, aiming to achieve Web2-level performance and speed. The project has successfully raised $30 million to support its development, which focuses on real-time applications such as payments, trading, gaming, and lending. Users have reported a seamless experience while interacting with the testnet, highlighting its instant transaction capabilities. The launch is seen as a significant step for the Ethereum ecosystem, with many in the crypto community expressing optimism about its potential impact. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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MegaETH Launches Public Testnet, Raises $30 Million for Web2-Level Performance and Instant Transactions

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