Mantle delivers a unified DeFi platform with liquid staking, synthetic assets, and diversified crypto indices on Layer-2 infrastructure.
Myria supports gas-free NFT trading and gaming at scale using StarkWare’s STARK technology and Ethereum-native security.
zkSync empowers Ethereum with cheap and fast transactions on zero-knowledge rollups and privacy and decentralization are preserved.
As blockchain technology is gaining widespread adoption in industries, Layer-2 networks and scaling solutions need to be a backbone for the next wave of decentralized applications. Projects such as Mantle, Myria, Starknet, Base, and zkSync are fundamentally changing Ethereum’s scalability, transaction efficiency, and stack inclusion of complex Web3 ecosystems – from decentralized finance (DeFi) to NFT platforms, and even blockchain gaming.
Mantle(MNT): Ecosystem Advances Unified Financial Infrastructure
Source : CoinMarketcap
Mantle is an important player in the new financial services of Web3. The ecosystem combines blockchain scalability with financial innovation to connect the bridge between traditional finance (TradFi), and decentralized finance (DeFi). At the heart of its infrastructure are many on-chain products, such as the Mantle Network
The Mantle Network provides an Ethereum Layer-2 environment that enables efficient, scalable transaction execution. The mETH Protocol introduces a liquid staking mechanism, allowing users to earn yield while retaining asset liquidity. Function (FBTC) supports synthetic Bitcoin trading, while MI4 offers a diversified index fund approach for crypto investments.
Myria(MYRSA): Optimizes Blockchain Gaming and NFTs
Source : CoinMarketcap
Myria is a tailor-made Ethereum Layer-2 solution, aiming to improve performance in the world of NFT and blockchain gaming. With StarkWare’s STARK prover and Zero-Knowledge Rollup (ZK-Rollup) technology, Myria has scaling and cost efficiency of up to 9,000 TPS enabling a massive throughput increase over other blockchains.
Unlike sidechains, Myria is connected to Ethereum directly, while being compatible with security standards of Ethereum, and providing Myria users with prompt trade confirmations, with zero gas fees for minting and trading NFTs. This makes the platform appealing to game developers and digital creators who need scalability without having to put users at risk.
Starknet(STRK): Focuses on High Throughput and Developer Support
Source : CoinMarketcap
Starknet relies on STARK proofs to verify transactions without-chain thus congestion and cost is lessened on Ethereum greatly. The Layer-2 network enables the processing of millions of transactions per second, enabling an array of dApps, such as DeFi, NFTs, and gaming.
Starknet offers developers a strong development environment through the Cairo programming language and tooling which gives developers the ability to design and deploy scalable smart contracts. Notwithstanding that the network is in its developmental stages and that, it has a relatively smaller user base, continuous upgrade and decentralization efforts are constantly growing its functions.
Base(BASE): Explores Layer-2 and Liquidity Protocol Potential
Source : CoinMarketcap
Base refers to different implementations in the blockchain ecosystem. One initiative, originally designed as a Layer-2 Ethereum scaling solution, was halted due to regulatory challenges. However, the concept has evolved in various forms, most notably with the Base blockchain supporting DeFi applications like SwapBased.
SwapBased is a protocol for automatic liquidities, which allows decentralized trading of assets on Base blockchain. It allows one to create non-upgradeable smart contracts, which ensures transparency and security of DeFi applications. In relation to the general trend toward decentralized finance, Base is to provide scalable and secure smart contracts’ infrastructure, as well as to overcome the intricate atmosphere of the regulation.
zkSync(ZK): Pushes Privacy and Scalability Forward
Source : CoinMarketcap
zkSync is a Layer-2 protocol that deals with Ethereum’s main drawbacks, i.e. – its core limitations, using the zero-knowledge rollups. transaction speed and high fees. In handling transactions off-chain and validating them on-chain with cryptographic proofs, the zkSync makes substantial savings on cost and speed without compromising on Ethereum’s decentralization and security.
The protocol works perfectly with different Web3 platforms, providing user-friendly access without technical obstacles. zkSync focuses on privacy datched up through advanced cryptographic techniques without sacrificing the transparency of the network.
