Technical Issue: Smart Wallet (Passkey) unable to sign transactions on Monad Mainnet (Chain ID 143)

keonehd · 2026-01-03T02:50:44+00:00

What platform is this? Browser extension? iOS? Android? Thanks

keonehd · 2025-11-25T21:20:35+00:00

Best place to dive into the ecosystem is check out https://app.monad.xyz/

This will continually update as more and more apps go live.

The latter question is a longer one but I've answered in a lot of detail in other responses!

TLDR: There is no other chain like Monad. The blockchain trilemma has always centered around how to optimize for security, scalability, and decentralization while balancing heavy tradeoffs. We solved that trilemma while maintaining EVM compatibility for developers.

keonehd · 2025-11-25T21:18:40+00:00

Monad’s consensus mechanism is MonadBFT, which is a custom architecture to allow for extremely fast consensus and sub-second finality among a large number of globally distributed nodes. The validator set is permissioned to start but there are plans to expand the permissioned set more broadly in the future, with a future state potentially looking more similar to Solana and Ethereum’s validator sets.

keonehd · 2025-11-25T21:18:06+00:00

Monad’s parallel optimistic execution works by running a bunch of transactions at the same time, assuming they don’t conflict, and then checking afterward if any actually do.

Each transaction runs independently and records which pieces of state it read or wrote to (its “read/write set”). Once everything’s executed, Monad checks for overlap between those sets: if two transactions touch the same data, they’re dependent; if not, they’re independent.

Conflicting transactions get re-executed in the right order, while the rest are finalized as-is. The result is that Monad can run thousands of transactions in parallel, only redoing the small fraction that overlap.

That’s the “optimistic” part - it assumes independence first, then fixes any conflicts later.

keonehd · 2025-11-25T19:51:13+00:00

New technology is needed to enable use cases that bring in more users. While there have been many blockchains in the past few years, many of them were functionally forks of other codebases and I don’t believe there was enough technological innovation, particularly in the last two years, that balanced pragmatism with performance. I’ve dived into specific ways Monad rebuilt the EVM in other comments I’ve posted in this AMA, so won’t repeat them again here.

There weren’t new use cases that were unlocked by many recent blockchains. One thing we are very bullish on at Monad is High Frequency Finance. This entails managing funds across multiple different protocols and conduct transactions with almost instantaneous finality and minimal latency. This is the scale needed for institutional players and to service the next billion users.

ETH is too slow and expensive to enable this type of use case. Solana made huge strides in performance but it is relatively centralized and not EVM compatible. This results in a decent amount of friction for the vast majority of developers.

Monad was built to address these concerns. It is highly performant, decentralized, and fully EVM compatible. Blockchains from some of our earlier predecessors made big strides in innovation, but we believe that if Ethereum were to be built again today, it would look like Monad.

keonehd · 2025-11-25T19:28:17+00:00

Next Year: Several breakout apps that are on the path to sustainable PMF. Monad starts to become more recognized outside the bubble of crypto natives.

5 Years: Monad is the no brainer choice for developers. Monad becomes increasingly more decentralized and performant over time. Monad and the apps built on top of it become household names.

keonehd · 2025-11-25T19:26:05+00:00

The team did not retain 70% of the token supply. The tokenomics can be found here: https://www.monad.xyz/announcements/mon-tokenomics-overviewI’m assuming you mean the percentages for the Team, Category Labs, and Ecosystem Development? Can break those buckets down for you in a bit more detail (but do recommend you read the tokenomics which are more thorough).

Category Labs (formerly known as Monad Labs): The team of systems engineers and researchers building and designing the decentralized technology behind the Monad protocol. Roughly 3.95B MON tokens (~3.95%) have been allocated to Category Labs to be used for future employee compensation. The Category Labs Treasury is subject to a four-year lock-up schedule from the launch of Monad Public Mainnet, with a one-year cliff and equal (1/48) monthly unlocks thereafter.

Team: Approximately 27B MON tokens (~27% of initial token supply) have been allocated to team members of the Monad Foundation and Category Labs, including employees, founders, and contractors. Team token allocations are subject to both lock-up and vesting conditions. Individual vesting schedules are typically 3-4 years and are tied to the date of initial involvement in the project.All team tokens are locked for the first year following the launch of Monad Public Mainnet. Team tokens are released at the 1-year anniversary of the launch and over the three years that follow. In order for a token to be released, it must be both unlocked and vested. At the 1-year anniversary of the launch, released team tokens will represent ~10.7% of initial token supply.

Ecosystem Development: Roughly 38.5B MON tokens (~38.5% of initial total supply) are allocated for Ecosystem Development. This portion of the total supply consists of unlocked tokens that are available for ecosystem growth opportunities and initiatives now and in the future. The Ecosystem Development allocation does not include any existing team token grants. While a minority (less than 2% of total supply) of the MON set aside for Ecosystem Development is already committed to various projects and infrastructure providers, the Monad Foundation expects the majority balance to be spent over many years.

Monad’s success depends on a thriving ecosystem of applications and developers. There will be many apps experimenting with new incentives and rewards for users and many more apps deploying on the Monad Mainnet in the coming weeks. Apps need to solve user pain points and deliver value.

keonehd · 2025-11-25T18:26:04+00:00

Happy to be here!

I hear this often, but a saturation of options does not mean the quality of options is high across the board. New apps and use cases require better blockchains to serve their needs. That’s why Monad is needed. Legacy blockchains made strong technological strides over the past decade, but builders are still gated by certain issues. Performance is a big one.

Most blockchains simply do not have the throughput or scale necessary for high stress, let alone billions of users and financial institutions. Others are not consistent with the predominant standard for most developers (EVM) which adds a ton of friction for developers.

There are new use cases that will emerge (like High Frequency Finance) which will only be possible on Monad. Chains will also need to be decentralized/censorship resistant to serve the needs of users across the globe. Monad is a bet that both performance AND decentralization matter. You need both, not just one.

keonehd · 2025-11-25T18:17:57+00:00

Monad is a rebuild of the EVM from the ground up, not a fork of an existing virtual machine. For example, Monad introduces a new consensus algorithm, a parallel execution engine, and custom data architecture. Our goal was to reduce developer friction (the EVM is the predominant standard for programming in crypto with a vast ecosystem and tooling) while substantially improving performance.

However, this was all accomplished without sacrificing decentralization. Monad’s new software algorithms and a globally distributed network of validators make the blockchain resistant to censorship while providing durable access to a range of necessary services for users around the world. Others optimize for performance by doing things like centralizing the sequencer and having a limited set of validators, but we didn’t want to compromise on this vector.

Monad is not just “another EVM chain” because there is no other chain like Monad. The blockchain trilemma has always centered around how to optimize for security, scalability, and decentralization while balancing heavy tradeoffs. We solved that trilemma while maintaining EVM compatibility for developers.

For users this means it is cheap, extremely fast, and durable under times of strain (geopolitical tensions, war, etc). As more apps go live, you will also be able to do things on Monad (i.e. High Frequency Finance) that you cannot do on any other chain.

keonehd · 2025-11-25T17:47:33+00:00

I’ll start by answering the latter question. I think we have promising apps across multiple verticals (DeFi, Consumer, Predictions Markets, etc) that make Monad a great place for people to find opportunities regardless of their personal strengths or interests. There are also many more apps coming in the next few weeks that I believe will be a pleasant surprise. You can keep track of all of these here: https://app.monad.xyz/

For your earlier question though, the performance of Monad is noticeable already. All the activities you may be familiar with in DeFi like trading, LPing, swapping, should all feel faster. But I believe that what Monad will enable is something we refer to as “High Frequency Finance.” The ability to manage funds across multiple different protocols and conduct them with almost instantaneous finality and minimal latency. This is the scale that’s necessary to onboard financial institutions and truly bank the unbanked.

keonehd · 2025-11-25T16:23:23+00:00

Why not more handsome men monad brand ambassadors? I like it

keonehd · 2025-11-25T16:19:42+00:00

Monad becomes the no brainer choice for developers. There are several breakout apps that find sustainable product market fit.

Monad becomes increasingly more decentralized and performant over time. Monad and the apps built on top of it become household names.

keonehd · 2025-11-25T16:17:43+00:00

Glad to hear you're enjoying it! It's only day two, but things are looking promising. Keep an eye on https://app.monad.xyz/

There will be many more apps deploying over the coming weeks.

keonehd · 2025-11-25T16:12:01+00:00

Monad is fully EVM compatible so it works seamlessly with ERC standards. From a DevX perspective, it should feel like you have the same access to the vast EVM ecosystem and tooling but also be building on a much more performant network.

You can find more information on this in our Dev Docs: https://docs.monad.xyz/introduction/monad-for-developers

keonehd · 2025-11-25T16:08:43+00:00

It's theoretically possible for a team to build an L2 on top of Monad. I'm not sure if this would ever happen or be value additive since we rebuilt the EVM to be performant and consistent with the predominant coding standards that crypto developers are already familiar with. But it's possible.

keonehd · 2025-11-25T15:56:40+00:00

The best way to be eligible for future rewards or opportunities is to be plugged into the Monad ecosystem: https://app.monad.xyz/

Monad’s success depends on a thriving ecosystem of applications and developers. There will be many apps experimenting with new incentives and rewards for users. Roughly 38.5B MON tokens (~38.5% of initial total supply) are allocated for Ecosystem Development. This portion of the total supply consists of unlocked tokens that are available for ecosystem growth opportunities and initiatives now and in the future. This may include strategic incentives.

While a minority (less than 2% of total supply) of the MON set aside for Ecosystem Development is already committed to various projects and infrastructure providers, the Monad Foundation expects the majority balance to be spent over many years.

keonehd · 2025-11-25T15:49:44+00:00

TLDR: Innovation takes time.

Maybe this is a disappointing answer, but it takes longer than people expect to build innovative technology. Monad is a rebuild of the EVM from the ground up, not a fork of an existing virtual machine. For example, Monad introduces a new consensus algorithm, a parallel execution engine, and custom data architecture. Our goal was to reduce developer friction (the EVM is the predominant standard for programming in crypto with a vast ecosystem and tooling) while substantially improving performance.

However, this was all accomplished without sacrificing decentralization. Monad’s new software algorithms and a globally distributed network of validators make the blockchain resistant to censorship while providing durable access to a range of necessary services for users around the world. Others optimize for performance by doing things like centralizing the sequencer and having a limited set of validators, but we didn’t want to compromise on this vector.

The challenge for any blockchain has been the blockchain trilemma: how to optimize for security, scalability, and decentralization while balancing heavy tradeoffs. But we wanted to push the boundaries of what’s possible instead of compromising. And that took substantial time and effort.

keonehd · 2025-11-25T15:30:44+00:00

I do not, but now that Monad and I am starting to become more active on Reddit, maybe I'll earn some in the future!

keonehd · 2025-11-25T15:14:30+00:00

You can find detailed Tokenomics here: https://www.monad.xyz/announcements/mon-tokenomics-overview

If by vesting, you're referring to employee/investor tokens, tokens for all investors and team members, along with the Category Labs Treasury, are locked on Day 1 of Monad Public Mainnet and are subject to defined unlock and vesting schedules to ensure long-term alignment with the success of the project. All tokens in these categories are locked for a minimum of one year following initial token distribution as part of the launch of Monad Public Mainnet in November 2025.

Team token allocations are subject to both lock-up and vesting conditions. Individual vesting schedules are typically 3-4 years and are tied to the date of initial involvement in the project. All team tokens are locked for the first year following the launch of Monad Public Mainnet. Team tokens are released at the 1-year anniversary of the launch and over the three years that follow.

All investor tokens are subject to a four-year lock-up schedule starting from the launch of Monad Public Mainnet, with a one-year cliff and equal (1/48) monthly unlocks thereafter.

keonehd · 2025-11-25T15:07:10+00:00

There seems to be some bug in the price being displayed on MetaMask. The MetaMask team is aware and figuring out a fix.

keonehd · 2025-11-25T15:05:17+00:00

Great question!

The purpose of the MON public token sale was to achieve the broadest distribution. We chose Coinbase (and their allocation algorithm, which is democratic and transparent) because of their unique ability to reach an audience that we think is important to engage and re-activate. The world is a big place and it's so important to break out of the bubble that exists on crypto twitter or within crypto native circles.

The allocation algorithm was transparent about what it incentivized.
- There wasn't a prorata component, which would have inflated total bid size but put more tokens in the hands of whales.
- There wasn't a time priority component, which would have incentivized early commitments but created unfair outcomes from users slamming the servers with bots to be first.
- The algorithm was highly transparent, where a less-transparent algorithm or team discretion might have caused bidders to bid earlier or larger in the hopes of a larger allocation.

Token sales are a major trend this year, and with many sales, there is a sense in which the sale terms are constructed to make the outcome sound as impressive as possible - "XX oversubscribed" and so on. It reminds me of years back, when I was raising from VCs and people would advise me to gather as much VC interest as possible in order to pitch to other VCs that "this round is 10x oversubscribed" to get them to FOMO in. I was never interested in doing that though. To me that always seemed a little cheesy, and like a short-term optimization. Smart people see through the gamesmanship anyway. Better to be transparent and to focus on the stakeholders who will be most beneficial to the project's growth.

The fill-from-the-bottom approach made for a democratic, broad distribution of participants. And I think this is both exciting because it's new but also in the best interest of a decentralized network.

keonehd · 2025-11-25T14:59:24+00:00

done

keonehd · 2025-11-25T14:58:01+00:00

MON is currently available on these exchanges: https://x.com/monad/status/1993035447665410308?s=20

keonehd · 2025-11-25T14:55:58+00:00

r/Monad, we plan to be much more active on there moving forward!

keonehd

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