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MegaLabs raises $20m in Seed funding

Realtime blockchain infrastructure company MegaLabs raised $20m in Seed funding led by Dragonfly Capital.

According to a press release, MegaETH achieves its scaling in two ways: through its “heterogeneous blockchain architecture, which boosts performance by allowing network nodes with different hardware configurations to specialize on specific tasks,” as well as a “hyper-optimized EVM execution environment that pushes throughput, latency and resource efficiency to hardware limits.”

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blockchain, crypto, defi