What is Manta Network?
Manta Network (MANTA) is an innovative multi-modular ecosystem designed specifically for zero-knowledge (ZK) and Web3 applications. By utilising the data-availability layer offered by Celestia, Manta aims to create a platform that ensures scalability while maintaining low costs and high speeds. This project features a unique dual network structure consisting of Manta Pacific and Manta Atlantic.
Manta Pacific
Manta Pacific functions as a Layer 2 (L2) ecosystem built on Ethereum. It provides developers with the ability to deploy Solidity-based ZK applications within an environment characterised by low gas fees and robust scalability. This design allows for efficient transaction processing and encourages further development within the decentralised application space.
Manta Atlantic
Claimed to be the fastest ZK Layer 1 chain on Polkadot, Manta Atlantic offers programmable identities and credentials to Web3 users through the use of ZK Soul-bound tokens (zkSBTs). This innovative approach not only enhances user privacy but also provides a framework for secure and efficient identity verification within the blockchain ecosystem.
MANTA Token
The native utility token of the Manta ecosystem is MANTA. This token plays a multi-faceted role within both Manta Pacific and Manta Atlantic. It serves as a medium of exchange, covers network fees, facilitates platform governance, and rewards developers contributing to the ecosystem.
Mission and Vision
Manta Network is on a mission to drive the next generation of Web3 users and ZK applications. By leveraging the unique capabilities provided by Celestia’s data-availability layer, Manta seeks to reduce the data portion of transaction costs. Their aim is to supply unmatched scalability, making them an attractive option for developers interested in building robust applications within the Manta ecosystem.
Key Features of Manta Network
- Multi-modular ecosystem for ZK and Web3 applications.
- Manta Pacific as a low-cost Layer 2 environment for Solidity-based apps.
- Manta Atlantic as the accelerated ZK Layer 1 chain on Polkadot.
- Utilisation of ZK Soul-bound tokens (zkSBTs) for identity management.
- MANTA token fulfilling multiple roles throughout the network.
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