Pheasant Network Announces Integration with MegaETH for Enhanced Ethereum Capabilities
In an exciting development for the blockchain community, Pheasant Network has unveiled its integration with MegaETH, a next-gen Layer 2 solution that aims to redefine performance and real-time capabilities on the Ethereum platform. As MegaETH's launch partner, Pheasant Network is playing a pivotal role in the development and implementation of this innovative technology.
MegaETH is designed to advance Ethereum towards a near real-time experience, setting itself apart from traditional Layer 2 solutions that primarily focus on scalability and cost reduction. Instead, it emphasizes high processing speeds and responsiveness. The architecture of MegaETH is the result of a team with extensive knowledge of high-performance system design, allowing transactions to feel almost instantaneous while supporting decentralized applications without latency constraints.
Key features of MegaETH include:
These aspects collectively target making previously challenging scenarios on Ethereum, such as those in finance, gaming, and automated execution via AI agents, realistically achievable.
Pheasant Network stands out as an interoperability project enhancing Intent through AI, supporting Ethereum and over thirty Layer 2 networks. The project boasts processing of cross-chain transactions totaling over 30 billion yen.
Their proprietary mechanism, known as "Optimistic Interoperability," claims to provide the "fastest" and "most affordable" interoperability protocol available.
This integration positions Pheasant Network as the premier cross-chain execution layer focused on Intent. Through this collaboration, users can transfer assets to MegaETH quickly and cost-effectively via Pheasant Network.
The network now enables seamless connections to over ten platforms, including Ethereum, Base, Linea, and Unichain. This collaboration—highlighting MegaETH's real-time focus and Pheasant Network's reliability in execution—creates a structure ideal for next-generation applications relying on real-time execution and automation.
PG Labs, the company dedicated to the development of Pheasant Network, emphasizes its ongoing commitment to improving the Ethereum ecosystem by fostering environments where new networks and projects can naturally connect.
To celebrate this integration, a series of campaigns related to MegaETH will be hosted on the Pheasant Quest platform. Users engaging with both MegaETH and other networks via Pheasant Network will earn Pheasant Points.
PG Labs is steadfast in supporting a smoother ecosystem for Ethereum through ongoing development efforts, and its integration with MegaETH marks a significant milestone in the journey towards enhanced blockchain functionality.
Company Name: PG Labs
CEO: Tomohiro Tagami
Location: 2-17 Minamidai, Shibuya-ku, Tokyo, A-PLACE Shibuya Minamidai 2F
Capital: 150 million yen (including capital reserve)
Website: pglab.io
Understanding MegaETH
MegaETH is designed to advance Ethereum towards a near real-time experience, setting itself apart from traditional Layer 2 solutions that primarily focus on scalability and cost reduction. Instead, it emphasizes high processing speeds and responsiveness. The architecture of MegaETH is the result of a team with extensive knowledge of high-performance system design, allowing transactions to feel almost instantaneous while supporting decentralized applications without latency constraints.
Key features of MegaETH include:
- - Real-Time Transactions: Transactions execute with extremely low latency, reflecting immediately on-chain, enhancing the speed of interactions.
- - Parallel Execution Architecture: By distributing processing across multiple threads, MegaETH achieves significant throughput improvements compared to traditional roll-ups.
- - High-Performance Design for Scalability: MegaETH anticipates supporting high-frequency and large-scale applications that many current Layer 2 solutions cannot efficiently handle.
- - Full EVM Compatibility: This feature permits seamless transitions of existing smart contracts to the MegaETH ecosystem, promoting growth from day one.
These aspects collectively target making previously challenging scenarios on Ethereum, such as those in finance, gaming, and automated execution via AI agents, realistically achievable.
About Pheasant Network
Pheasant Network stands out as an interoperability project enhancing Intent through AI, supporting Ethereum and over thirty Layer 2 networks. The project boasts processing of cross-chain transactions totaling over 30 billion yen.
Their proprietary mechanism, known as "Optimistic Interoperability," claims to provide the "fastest" and "most affordable" interoperability protocol available.
The Arrival of Pheasant Network and MegaETH Integration
This integration positions Pheasant Network as the premier cross-chain execution layer focused on Intent. Through this collaboration, users can transfer assets to MegaETH quickly and cost-effectively via Pheasant Network.
The network now enables seamless connections to over ten platforms, including Ethereum, Base, Linea, and Unichain. This collaboration—highlighting MegaETH's real-time focus and Pheasant Network's reliability in execution—creates a structure ideal for next-generation applications relying on real-time execution and automation.
PG Labs, the company dedicated to the development of Pheasant Network, emphasizes its ongoing commitment to improving the Ethereum ecosystem by fostering environments where new networks and projects can naturally connect.
Future Prospects
To celebrate this integration, a series of campaigns related to MegaETH will be hosted on the Pheasant Quest platform. Users engaging with both MegaETH and other networks via Pheasant Network will earn Pheasant Points.
PG Labs is steadfast in supporting a smoother ecosystem for Ethereum through ongoing development efforts, and its integration with MegaETH marks a significant milestone in the journey towards enhanced blockchain functionality.
Company Overview
Company Name: PG Labs
CEO: Tomohiro Tagami
Location: 2-17 Minamidai, Shibuya-ku, Tokyo, A-PLACE Shibuya Minamidai 2F
Capital: 150 million yen (including capital reserve)
Website: pglab.io
Topics Business Technology）
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