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MegaETH deployed its mainnet Monday targeting 100,000 transactions per second, entering an Ethereum (ETH) ecosystem where co-founder Vitalik Buterin recently declared the original layer-2 scaling roadmap "no longer makes sense." The launch arrives as Ethereum's base layer itself scales more effectiv

MegaETH has canceled plans to raise $1 billion after technical failures during its pre-deposit event left many users unable to participate. The Ethereum layer-2 project said the issues created an unfair process, though no funds were at risk. The team will open a withdrawal page for users who deposit