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𧩠Modular Architecture: Manta Pacific & Manta Atlantic
Manta Network is a modular blockchain ecosystem designed to power scalable, privacy-preserving applications using zero-knowledge (ZK) cryptography. Founded in 2020 by Victor Ji and Kenny Li under p0x Labs, the project has secured over $60 million in funding from prominent investors like Binance Labs and Polychain Capital .
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𧩠Modular Architecture: Manta Pacific & Manta Atlantic
Manta Network comprises two distinct blockchains, each tailored for specific use cases:
1. Manta Pacific (Layer 2 on Ethereum)
EVM-Compatible: Built on Ethereum's OP Stack, enabling developers to create ZK applications using Solidity.
Zero-Knowledge Integration: Utilizes Universal Circuits, a library of ZK circuits, allowing developers to incorporate ZK features like identity verification and private transactions with minimal code changes .
Data Availability: Leverages Celestia for data availability, enhancing scalability and reducing transaction costs by up to 90% compared to traditional Layer 2 solutions .
Ecosystem Growth: Hosts over 200 decentralized applications (dApps), including DeFi platforms, gaming applications, and SocialFi projects .
2. Manta Atlantic (Layer 1 on Polkadot)
Built with Substrate: Functions as a parachain within the Polkadot ecosystem, focusing on privacy and identity solutions.
Zero-Knowledge Credentials: Introduces zkSoulBound Tokens (zkSBTs) for confidential identity verification and credential management .
Staking and Governance: Employs a Proof-of-Stake consensus mechanism, allowing community participation in network security and decision-making .
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đĄ Key Innovations
Universal Circuits: A set of pre-built ZK circuits that simplify the integration of zero-knowledge proofs into applications, facilitating features like private payments and identity verification .
MultiDA Architecture: Supports multiple data availability layers, enhancing network resilience and scalability .
zkEVM Transition: Plans to adopt Polygon's Chain Development Kit (CDK) to develop a zkEVM, further improving scalability and developer experience .
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đ Community and Ecosystem
Manta Network actively supports developers through grants, mentorship, and marketing assistance. Its ecosystem includes a diverse range of applications, from decentralized finance (DeFi) to social platforms, all benefiting from the network's scalability and privacy features .
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đ MANTA Token Overview
The native token, $MANTA, serves multiple purposes within the ecosystem:
Transaction Fees: Used to pay for transactions on both Manta Pacific and Manta Atlantic.
Staking: Holders can stake $MANTA to participate in network security and earn rewards.
Governance: Enables token holders to vote on protocol upgrades and other key decisions.
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For more detailed information or to start building on Manta Network, you can visit their official website or explore their technical documentation.
If you're interested in a step-by-step guide on deploying a ZK application using Manta's Universal Circuits or need assistance with staking $MANTA tokens, feel free to ask!
---
𧩠Modular Architecture: Manta Pacific & Manta Atlantic
Manta Network comprises two distinct blockchains, each tailored for specific use cases:
1. Manta Pacific (Layer 2 on Ethereum)
EVM-Compatible: Built on Ethereum's OP Stack, enabling developers to create ZK applications using Solidity.
Zero-Knowledge Integration: Utilizes Universal Circuits, a library of ZK circuits, allowing developers to incorporate ZK features like identity verification and private transactions with minimal code changes .
Data Availability: Leverages Celestia for data availability, enhancing scalability and reducing transaction costs by up to 90% compared to traditional Layer 2 solutions .
Ecosystem Growth: Hosts over 200 decentralized applications (dApps), including DeFi platforms, gaming applications, and SocialFi projects .
2. Manta Atlantic (Layer 1 on Polkadot)
Built with Substrate: Functions as a parachain within the Polkadot ecosystem, focusing on privacy and identity solutions.
Zero-Knowledge Credentials: Introduces zkSoulBound Tokens (zkSBTs) for confidential identity verification and credential management .
Staking and Governance: Employs a Proof-of-Stake consensus mechanism, allowing community participation in network security and decision-making .
---
đĄ Key Innovations
Universal Circuits: A set of pre-built ZK circuits that simplify the integration of zero-knowledge proofs into applications, facilitating features like private payments and identity verification .
MultiDA Architecture: Supports multiple data availability layers, enhancing network resilience and scalability .
zkEVM Transition: Plans to adopt Polygon's Chain Development Kit (CDK) to develop a zkEVM, further improving scalability and developer experience .
---
đ Community and Ecosystem
Manta Network actively supports developers through grants, mentorship, and marketing assistance. Its ecosystem includes a diverse range of applications, from decentralized finance (DeFi) to social platforms, all benefiting from the network's scalability and privacy features .
---
đ MANTA Token Overview
The native token, $MANTA, serves multiple purposes within the ecosystem:
Transaction Fees: Used to pay for transactions on both Manta Pacific and Manta Atlantic.
Staking: Holders can stake $MANTA to participate in network security and earn rewards.
Governance: Enables token holders to vote on protocol upgrades and other key decisions.
---
For more detailed information or to start building on Manta Network, you can visit their official website or explore their technical documentation.
If you're interested in a step-by-step guide on deploying a ZK application using Manta's Universal Circuits or need assistance with staking $MANTA tokens, feel free to ask!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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