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MegaLabs develops MegaETH, an Ethereum scaling protocol designed for faster transactions.
Founded in 2023 and based in the US, MegaLabs develops MegaETH, an Ethereum scaling protocol designed to increase transaction speed and reduce costs while remaining compatible with the Ethereum Virtual Machine. The company was founded by Yilong Li, Lei Yang, Shuyao Kong and Namik Muduroglu. In December 2024, it raised USD 10 million in angel funding from Echo.
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