# MegaETH > The First Real-Time Blockchain MegaETH is a Layer 2 blockchain processing transactions at sub-millisecond latency and targeting 100,000 transactions per second on Ethereum. MegaETH operates as an Ethereum Layer 2 solution using a heterogeneous node architecture where specialized sequencer nodes execute transactions with in-memory state management. The network utilizes Optimistic Rollup design with EigenDA for data availability and Ethereum mainnet for security inheritance. The protocol achieves 10-millisecond block times through custom state tree designs and parallel execution capabilities while maintaining EVM compatibility. - Type: Company - Sector: Infrastructure - Status: Active - Founded: 2024-06-01 - Profile: https://thegrid.id/profiles/megaeth ## Products - [MegaETH Network](https://thegrid.id/profiles/megaeth): A Layer 2 blockchain implementing heterogeneous node architecture with specialized sequencer nodes executing transactions through in-memory state management. The protocol uses Optimistic Rollup design with EigenDA for data availability and Ethereum mainnet for security settlement. The system achieves 10-millisecond block times and targets 100,000 transactions per second through custom state tree designs and parallel execution capabilities. (L2, Open Beta, Main Product) ## Assets - [MEGA (MEGA)](https://thegrid.id/profiles/megaeth): MEGA is the native token of the MegaETH network. It is used to pay for gas fees, secure the network through staking, and will eventually empower holders to participate in protocol governance. Operators compete for daily sequencer window slots by staking MEGA, which drives token utility and network security through a rotation design where the single active sequencer rotates around the globe with the world's economic day. (Native) ## Links - [Main](https://www.megaeth.com) - [Documentation](https://docs.megaeth.com) - [Whitepaper](https://static.megaeth.com/MiCA Crypto-Asset White Paper - MEGA Token.pdf) - [Media Kit/branding](https://www.megaeth.com/brand-kit) - [Blog](https://www.megaeth.com/blog-news) - [Privacy policy](https://www.megaeth.com/privacy-policy) - [Terms of Service](https://www.megaeth.com/terms-of-use) - [Twitter / X](https://x.com/megaeth) - [Discord](https://discord.gg/megaeth_labs) - [Telegram](https://t.me/megaeth_labs) - [GitHub](https://github.com/megaeth-labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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