MAGNE Layer2 Metrics

Compared with other Layer 2 scaling solutions on PoW-based or Ethereum-compatible Layer 1 chains, M Hash Layer2 delivers lower gas fees and a higher block gas limit, ensuring that gas fees remain stable even as Layer 2 traffic increases. The table below references standard EIP-1559 parameters for comparison, noting that some L2s (e.g., Arbitrum) use custom gas mechanisms like ArbOS, which are not directly comparable.

Gas Parameter Differences

ParameterM Hash Layer2 valueOP Mainnet value
Block gas limit100,000,000 gas30,000,000 gas
Block gas target50,000,000 gas5,000,000 gas
EIP-1559 elasticity multiplier26
EIP-1559 denominator850
Maximum base fee increase (per block)12.5%10%
Maximum base fee decrease (per block)12.5%2%

Metrics Differences

MetricM Hash Layer2OP MainnetArbitrum
Gas TokenMHAETHETH
VMEVMEVMEVM
Gas Fee$0.001$0.05$0.1
Block Gas Limit100M (planned 150M)30M32M
Block time1s2s0.25s (min)
Withdraw / Finality7 days7 days7 days
TPS (Transfer)8000+700+4000+

While the OP Stack has minor differences between implementations, M Hash Layer2 applies its own set of optimizations — including PoW-tailored caching improvements, parallel execution scheduling, and optimized batching for transaction inclusion — to push throughput to 100M gas per second, far surpassing the base MAGNE Layer 1 chain.

M Hash Layer2 vs MAGNE Layer1 vs Ethereum Layer1

MetricM Hash(L2)MAGNE (L1)Ethereum (L1)
Gas TokenMHAMHAETH
VMEVMEVMEVM
Gas Price ModelEIP-1559PoW Gas AuctionEIP-1559
Block Gas Limit140M100M30M
Block Time1s3s12s
Transaction Cost$0.001$0.03$1

Unlike L2s with variable blocktimes (such as Arbitrum, where blocks can be mined as fast as 0.25s under low load), M Hash Layer2 maintains a fixed 1-second blocktime for predictable performance and batching efficiency, ensuring steady throughput and low fees even under heavy network load.