Namik Muduroglu is a member of the founding team and serves as the Chief Strategy Officer (CSO) at MegaETH Labs. He is involved in the development and strategic direction of megaETH, a project described as an extension of Ethereum. ^[1][7]

Overview

Namik Muduroglu's public activity primarily focuses on blockchain technology, with a particular emphasis on Ethereum and the MegaEth project. He frequently shares perspectives on the state of the blockchain industry, the technical characteristics of different networks, and the strategic positioning of megaETH within this landscape. ^[1]

Muduroglu positions MegaETH as a solution designed to extend the capabilities of the Ethereum Layer 1, enabling applications that may not be feasible directly on the mainnet due to performance or cost constraints ^[2].

Views on Blockchain Technology

Muduroglu has articulated specific views regarding the strengths and weaknesses of various blockchain networks, particularly Ethereum and competing Layer 1 platforms.

On Ethereum

Muduroglu regards Ethereum as the most decentralized Turing-complete blockchain with the strongest liveness guarantees, asserting that it "will never go down". He describes Ethereum as having successfully become the "most trusted settlement layer in crypto" ^[4]. However, he also acknowledges that Ethereum's prioritization of decentralization has resulted in a "slow chain with high fees" ^[5]. He has characterized Ethereum as a "once in a lifetime" technology ^[6].

On Other Layer 1s

He notes that high-performance Layer 1 blockchains have gained traction partly due to the performance limitations of Ethereum's mainnet. While acknowledging the existence of multiple high-throughput blockchains, he suggests that these are primarily focused on replicating existing use cases. He has contrasted Ethereum with Solana, stating that "Solana is once in a cycle, Ethereum is once in a lifetime" ^[5][6].

On MegaETH's Purpose

Muduroglu positions MegaETH as an "extension of Ethereum" ^[2]. He states that megaETH is designed to enable experiences and applications that are secured by Ethereum but are not possible on the Layer 1 itself. He describes megaETH as "unapologetically performant," making performance-first design choices while aiming to be more performant than alternative Layer 1s and not less decentralized than Ethereum. He encourages those looking to build "tomorrow's use cases" to consider megaETH. ^[1]