CryptoMediaClub
Thursday, March 26, 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
125
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

NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

2 years ago
AXS, BCH, and RUNE Pump Exponentially in the Market Volatility

AXS, BCH, and RUNE Pump Exponentially in the Market Volatility

3 years ago

DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K

3 years ago

Could The Grayscale Court Victory Backfire On Bitcoin? Experts Weigh In

3 years ago

Categories

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

Highlights

Ripple XRP Enters MAS BLOOM Sandbox to Pilot RLUSD Trade Finance Settlement

Only these 9 crypto tokens are closer to their all-time high than Bitcoin right now

Ethereum Unveils 2029 ‘Strawmap’: 7 Hard Forks to Beat Quantum Threats

MEXC’s Mega Cash Reward Program Offers Great Rewards for Affiliates

CFTC Chief Launches Innovation Task Force Targeting Crypto Derivatives Framework

Trump Crypto Price Test: A Bounce or A Downtrend Extension

Trending

Bitcoin price eyes breakout as EIA signals sub $80 oil path after 20% global supply shock starts easing
Analysis

Bitcoin price eyes breakout as EIA signals sub $80 oil path after 20% global supply shock starts easing

26.03.2026
0

Bitcoin has room to rally if diplomacy between Washington and Tehran continues to ease pressure on oil....

Stagflation 2.0: Today Gold Surges, Oil Slips, Bitcoin Hyper Fills the Gap

Stagflation 2.0: Today Gold Surges, Oil Slips, Bitcoin Hyper Fills the Gap

26.03.2026
Bitcoin traders dump coins within 48 hours of Fed meetings as new data reveals systematic FOMC weakness

Bitcoin traders dump coins within 48 hours of Fed meetings as new data reveals systematic FOMC weakness

25.03.2026
Ripple XRP Enters MAS BLOOM Sandbox to Pilot RLUSD Trade Finance Settlement

Ripple XRP Enters MAS BLOOM Sandbox to Pilot RLUSD Trade Finance Settlement

25.03.2026
Only these 9 crypto tokens are closer to their all-time high than Bitcoin right now

Only these 9 crypto tokens are closer to their all-time high than Bitcoin right now

25.03.2026
  • 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