CryptoMediaClub
Tuesday, July 28, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

Manta Network’s L2 hits mainnet to drive ZK-enabled DApp development

12.09.2023
A A
0
127
VIEWS
ShareShare

The ecosystem of layer-2 blockchain solutions powered by zero-knowledge (ZK) proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live.

Manta Pacific is a modular L2 aimed at powering Ethereum Virtual Machine (EVM)-native decentralized applications (DApps) using ZK-proof technology. The platform offers a software development kit and ZK library that are touted to provide plug-and-play functionality for developers.

Being EVM-native means that apps deployed on Ethereum can be deployed on Manta Pacific and vice versa, while being ZK-enabled provides low gas fees and scalability. Users can also bridge Ethereum to Manta to begin exploring its development environment.

Related: Manta Network developer raises $25M in Series A, launches layer 2 for ZK apps

With industry peers, including the likes of Consensys’ Linea zkEVM, Polygon zkEVM, Starknet, Coinbase’s Base and zkSync Era, there are a number of ZK-proof L2 solution options available to Web3 developers.

Speaking to Cointelegraph following the mainnet launch, Manta Network core contributor Kenny Li said that the different ZK-rollup L2s offer different value propositions that aim to solve significant problems faced by developers.

“We think that, in the mid- to long term, the market will converge to a small number of available solutions that are focused on making it as easy as possible for developers to build and deploy ZK-enabled applications.”

Li added that the Web2 world of technology followed a similar evolution with the success of software-as-a-service models where a plug-and-play approach was taken:

“This is crucial when zero-knowledge is involved, whereby developers do not have to worry about the infrastructure, as the complexity of cryptography can be abstracted away.”

According to the Manta Network core contributor, Manta Pacific has been in development for nine months, while its testnet launch in July 2023 has seen the creation of 150,000 wallets and over 3.5 million transactions.

Manta raised $25 million from investors in July 2023, aimed at scaling the project’s network and use cases with an eye on driving adoption in the Asian market.

Magazine: Here’s how Ethereum’s ZK-rollups can become interoperable

Share10Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities

Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin shorts keep burning as BTC price seeks to hold $27K

3 years ago
WazirX Restructuring Plan Wins 95% Creditor Approval, Awaits Court Ruling

WazirX Restructuring Plan Wins 95% Creditor Approval, Awaits Court Ruling

11 months ago
Pengu Price Prediction: Pudgy Penguins Token Blasts 433% – Next Dogecoin or Shiba Inu?

Pengu Price Prediction: Pudgy Penguins Token Blasts 433% – Next Dogecoin or Shiba Inu?

1 year ago
US Authorities Arrest and Charge Samourai Wallet Founders for Money Laundering

US Authorities Arrest and Charge Samourai Wallet Founders for Money Laundering

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Google Gemini AI Predicts Solana Price Could 8x Before End of 2026

CLARITY Act Is Secret to Killing North Korean Lazarus Hacker Group, Says Lummis

Garlinghouse Calls CLARITY Act XRP’s Last Regulatory Hurdle, Urges Senate to Act Now

XRP Price Stalls Despite Huge Weekly ETF Net Inflows

Ethereum Price Prediction: Unstaking Queue Hits Zero as ETH USD Approaches $2,000

Sam Altman ChatGPT AI Predicts Bitcoin Will Do Something Incredible Before 2027

Trending

Hoskinson Admits the Strategy Needs to Change as ADA Token Clings to Life
All news

Hoskinson Admits the Strategy Needs to Change as ADA Token Clings to Life

28.07.2026
0

In the latest Cardano News, ADA is trading at $0.1566, down 1.57% in the last 24 hours,...

Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?

Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?

28.07.2026
Bitcoin Price Prediction: BTC Slides in Asian Hours, Moving in Tandem with Korean KOSPI

Bitcoin Price Prediction: BTC Slides in Asian Hours, Moving in Tandem with Korean KOSPI

28.07.2026
Google Gemini AI Predicts Solana Price Could 8x Before End of 2026

Google Gemini AI Predicts Solana Price Could 8x Before End of 2026

28.07.2026
CLARITY Act Is Secret to Killing North Korean Lazarus Hacker Group, Says Lummis

CLARITY Act Is Secret to Killing North Korean Lazarus Hacker Group, Says Lummis

28.07.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz