Manta Network Is Diverse Ecosystem for Zero-Knowledge Applications

Manta Excelled in WASM Zprize, Enhancing Global Development

Manta Network is a multi-modular ecosystem designed for zero-knowledge (ZK) applications. It's live on the Manta Pacific Mainnet, marking the first EVM-equivalent ZK-application platform.

This platform provides scalability and security through Celestia DA and Polygon zkEVM. Prepared to usher in the next generation of Web3 users and initiate a new chapter for Web3 zkApp applications, Manta offers two networks: Manta Pacific and Manta Atlantic.

Manta Pacific

This network offers a scalable and cost-effective gas fee environment for deploying ZK applications using only Solidity on Ethereum. It serves as a unique L2 ecosystem for EVM-native ZK Applications on Ethereum.

Manta Atlantic

On Polkadot, Manta Atlantic brings the fastest ZK L1 chain via zkSBTs, facilitating programmable identities and credentials on Web3.

Manta provides a unique experience for the development and adoption of next-generation Web3 applications, leveraging practical zero-knowledge cryptography.

Key Features Making Manta Stand Out:

Modular Approach for Gas Fee Optimization:

Utilizing Celestia's modular data availability benefits, Manta Pacific reduces costs on a part of the monolithic L2, providing a fast infrastructure alongside Manta's universal circuit, enabling easy DApp creation and launch.

Low Fees and High Scalability:

Manta Pacific benefits from Celestia and the modified OP Stack to offer extraordinary scalability with low gas fees. It provides an appropriate environment for building and deploying ZK applications and DApps alongside Manta Pacific's universality.

Developer-Friendly and App Agnostic:

Its multi-modular approach allows developers to benefit from Manta's private identification tools in all environments, including mobile apps and various Web2 environments. Manta's SDKs and proof codes offer developer-friendly solutions for integrating on-chain identities with just a few lines.

New Use Cases for ZK:

Manta Pacific provides universal circuits, akin to a ZK library, for developers to easily call ZK-enabled contracts for their existing Solidity smart contracts and DApps. Moreover, Manta Pacific's main circuit design includes zkContracts like zkShuffle for on-chain gaming, aiding users in understanding the platform's offerings.

Non-Invasive Compliance:

Manta Network's zkSBTs allow decentralized and trustworthy verification of user details without exposing any information. They provide on-chain KYC verification without scanning documents like zkBAB and zkGalxe passports or entering personal details.

Growing Manta Ecosystem:

Apps deployed on Manta, ranging from DeFi and Web3 gaming to social applications, are designed to offer better experiences and value collection for real users. The ecosystem grant program focuses on solving painful points faced by real users, identifying valuable use cases, and developing them.

Manta's TVL Triumph and New Paradigm Initiative

According to DeFiLlama, Manta stands as the 13th largest blockchain by Total Value Locked (TVL) with $287 million in assets, surpassing competitors like Kava, Gnosis, and Sui. Amid their "New Paradigm" campaign, users bridging assets to the L2 network earn Manta tokens.

To qualify, bridging from Ethereum to the L2 or engaging with DeFi and NFTs brings added rewards. Suggested bridging amounts, starting at 0.2 ETH (~$400) or equivalent in USDC, promise more tokens for the Malta Network airdrop. Simultaneously, Jupiter, a leading Solana-based protocol, prepares for a retroactive airdrop for its community by month-end.

Achievements by Manta Network:

With the launch of the Manta Pacific Testnet, Manta Network has achieved several milestones, offering users opportunities to deploy and test applications on its platform. Additionally, it stands as the largest and most decentralized trusted setup in the history of cryptography, involving over 4,000 computers from 170 countries globally.

Collaborating with Jump Crypto, Manta Network has produced reward-winning solutions for the WASM Zprize challenge, aiding its development and providing a robust ecosystem for users worldwide.

History of Manta Network:

Manta Network was created by a team of experienced founders from prestigious institutions like Harvard, MIT, and Algorand. It has received investments from top Web3 investors like Binance Labs and Polychain Capital.

Developed in partnership with Alliance DAO, Berkeley Blockchain Xcelerator, and other top Web3 Xcelerators, Manta Network is poised to initiate a new chapter for Web3 zkApp applications, catering to the next generation.

Conclusion:

Manta Network introduces a multi-modular ecosystem for zero-knowledge applications, live on the Manta Pacific Mainnet. Through Celestia DA and Polygon zkEVM, it supports scalability and security for Web3 users and applications.

Manta Pacific and Manta Atlantic networks provide versatile solutions, while its user-friendly features, low fees, high scalability, and developer-friendly tools set it apart in the crypto space. Achievements obtained by Manta Network showcase its commitment to developing and providing a robust ecosystem for users globally, propelling blockchain technology forward.

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