Decouples execution, sequencing, and verification into specialized roles to maximize hardware utilization. Settles to Ethereum as an L2. Run via a single sequencer model with stateless validation. Uses an EVM-compatible execution environment.

MegaETH is an Ethereum Layer 2 blockchain that targets 100,000+ transactions per second and sub-10ms block times. Its architecture separates sequencers, executors, and verifiers to maximize hardware efficiency and uses an in-memory state structure called SALT (Small Authentication Large Trie) to eliminate disk I/O during execution.

Founded by Shuyao Kong and Namik Muduroglu. MegaETH Labs leads protocol development; the network is intended to be operated by independent sequencers, executors, and verifiers.

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Blockchains (L2)

MegaETH

# MegaETH Transaction count Methodology

## 1. Overview

The number of confirmed transactions added to the blockchain is measured by transaction count. How actively users engage with the network is reflected by this metric. For MegaETH, overall execution activity and throughput are quantified through this measurement. Strong user adoption and smart contract interaction across the ecosystem are typically indicated by elevated transaction counts.

## 2. Data sources

- **Blockchain events**: Transaction records parsed from the MegaETH network, covering MegaETH

## 3. Step-by-step calculation

### Component A: Transaction extraction

- **Purpose**: Extract raw transaction data from the network
- **Logic**: Raw transaction records are ingested from the MegaETH network. For each transaction, the timestamp, unique transaction hash, sender address, and recipient address are extracted.
- **Key fields**: `block_timestamp`, `transaction_hash`, `from_address`, `to_address`

### Component B: Daily aggregation and deduplication

- **Purpose**: Aggregate transactions and calculate the daily count
- **Logic**: Transactions are initially grouped by day, chain, and recipient address. The distinct count of transaction hashes is calculated for each group. These counts are then aggregated to the daily level for the entire network, and any days without activity are filled with zeros to maintain a continuous time series.
- **Key fields**: `block_timestamp`, `transaction_hash`, `to_address`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Confirmed transactions added to the blockchain.

MegaETHMEGA

Transaction count

Transaction count

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