Vitalik’s $30M Bet: MegaETH Changes Everything and #Ethereum forever! #crypto #airdrop

Well hello my lovely people! Today we're going into one of the biggest ecosystems. Yes, Ethereum is back! Obviously I'm not a fan of Ethereum, you know me, but oh boy it has rewarded us with the biggest air dogs and today there's a massive air drop opportunity called MegaEath. They call it the first real-time blockchain and if you've been frustrated with how slow Ethereum transactions are and the high fees that Ethereum has stick around because MegaEath might just be the game changer we've all been waiting for. So what exactly is MegaEath? In simple terms it's an Ethereum layer-to-solution designed to make blockchain transactions lightning fast like sub-millisecond latency fast and capable of handling over a hundred thousand transactions per second. You can see by yourself these big numbers here. It's EVM compatible obviously meaning that developers can build on it using their tools they already know like Solidity but with way more speed and power. Alright, what's so special? Ethereum is great but we all know it has its limits. Slow transactions times, high gas fees and not enough throughput for massive adoption. MegaEath says okay let's fix that. They're pushing blockchain performance to their hardware limits. Think of it like upgrading from a bicycle to a supercar. Yes, Ethereum right now is a bicycle in contrast to Solana, Sui or Aptos for example. But at the same time keeping it decentralized and secure thanks to Ethereum foundation. This could unlock crazy new possibilities like real-time trading fully on chain games or apps that they feel as snappy as everything you use on the internet today with no big changes. Let's see now the cool technology behind MegaEath. Call it's earth real-time Ethereum and there's how they pull it off. Alright, stick with me now. First, they got a single sequencer that orders and execute transactions crazy fast. Think like 1 to 10 milliseconds per block. This is like a blink of an eye. That's almost instant. Then they specialize their nodes into three categories. The first is the full nodes which verify everything for security. The second is the replica nodes keeping things light and efficient. And the third is prover nodes which can handle the heavy cryptographic lifting off to the side. They aim for a hundred thousand transactions per second with sub millisecond latency. To put that in perspective, Ethereum's layer 1 does 15 transactions per second and even some top layer tools like ZK-Sync like Arbitrum Optimism are in the hundreds or low thousands. They've raised almost 40 million in funding guys. This is serious number and look at the backers. Vitalik butering himself guys. This is very serious. Why does Vitalik invest in a layer 2? Their test net began only yesterday guys. Super, super early. This is day number two of the test net. Always we're getting super early. Already hitting 15,000 transactions per second and they aim for 30,000 transactions per second with parallel execution. The only layer 2 using parallel execution like Sui, Aptos and Solana. This is really amazing. This is the complete guide for today. You can find it on the first link of the description and you can click on it and then my website will open. From there you can also access our private discord on the subscriptions. The web free hub guys. If you want to win big time come and join our team. This is only entertainment. I'm just a guy on the internet. I'm not a financial advisor. Let's start guys. On step number one, it's time to add the Mega ETH network to our wallet. So come over here, click on the switch to Mega and then this network will be added on your Metamask. We're talking about the next net so we need faucet money to play around. For step number two, let's go for the faucet. This is the official. Click here on the public faucet. Drop your Metamask wallet address and claim this amount of testnet Ethereum. I know it's not enough but we have also one more choice on gas.zip. If you fulfill some of these criteria, you can again drop your wallet here and claim every 24 hours more Mega ETH. Let's explore GTE decentralized exchange for step number three. First, we go here on the swap tab and here you can swap your freshly acquired Ethereum on Mega Net with any other token. You can swap between any of the tokens. You can also do the same on the explore tab right over here, top right. My choice was Mega but right now I cannot find it. So you can do swap in whatever token you like. Then let's go here on the earns tab and here you can add liquidity. And here we click on the add pool and we're adding Ethereum and the token you previously swapped on the step number three. Let's say you swap Ethereum from Mafia, then you will choose Ethereum and Mafia. Choose the amounts, for example 10 Mafia and this amount of Ethereum and create your pool. Unfortunately, there's an error when I try to add the pool. Obviously, it's tested day number two. So be patient and try to use this from time to time. Then we're here on the explore tab and I'm clicking on the takeoff and here I fill all the necessary information and I'm launching my own token. I'm here, I drop my picture, give it a name, a ticker and a description and I'm launching this on Mega Net. When you launch it, you can already buy the first piece of your token here. Lastly, we can go on the dash and buy anything from here. This is the tokens that other people created just like we did. So click on one and put the amount of Ethereum and buy. On step number four, we have our Boring Lending Protocol. Guys, obviously there's no network with our Boring Lending Protocol. To me, this is the best use case of DeFi to be able to borrow against your holdings. This unlocks a lot of opportunities. This is really big. Anyway, that's a story for another video. Here we are. First of all, go to the MintestNet tokens and mint all four of these tokens. Once you complete with the minting, come here on earn and deposit the amount of Mega, TK, Ethereum, all the other tokens you had previously minted here. And you can always borrow. This is one more transaction. So come here and borrow any asset. On step number five, we can go to create and trade memes on XL. Guys, I hope you remember this. We saw this on Monad. Here is on the Monad. But make sure to be on MegaETH right now once you connect your wallet. And you can choose any meme coin of this. For example, Statico. This is a friend of mine. So come here, put the amount of Ethereum and place your trade order. Of course, you can create your own. Top right corner here, create meme. Fill all this information. Exactly how we did on step number three. Give it a name, a ticker, a description, a logo and create it. Step number six and the easiest transaction until now. On MegaETH, drop your wallet here. Click on the accept and just mint the thousand Testnet CUSD. That was it guys. Step number seven, the MegaETH rest ecosystem. Here we are. Click on your favorite category. So let's click on DeFi. As you can see a lot of DAPs says coming soon. So we cannot try them right now. But same goes for the rest of the DAPs. For example, Bebop, it's not working right now on MegaETH. But these guys behind MegaETH are building their ecosystem day by day. So keep an eye guys here because this will be really big. So that was it for today guys. This is really a big project and this could change everything in Ethereum. So start doing today. It's only day number two. Please guys give it a like. It's totally free. Costs zero gas fees, a lot of time, a lot of energy to gather all this information. So please do it. It helps a lot. At the bottom, after the step-by-step like always, the official links of the project. That was it for today. See you on the next one.