Vitalik Buterin backs new blockchain MegaETH as it raises $20 million at '9-figure' token valuation - Strange that this story appears just as there is big funeral occuring around the corner where I am. MegaEth looks like a Solana competitor focusing on high transactions per second. It's a bit worrying that there is an entity called MegaLabs that launched a builder program called MegaMafia. Note that EigenLayer founder and CEO Sreeram Kannan is one of the investors. EigenLayer has a very interesting anti-mafia feature, but what use is that if it's literally run by the mafia? Seems unlikely these are all coincidences. Maybe that's their point, or maybe they literally are the mafia and just don't give an f anymore. Weirdly this article loaded in Pocket App in Web View mode even though I am not connected to the internet. www.theblock.co #