CryptoMediaClub
Sunday, November 1, 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
129
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 Fights for $30K, Radix (XRD) Plummets 13% Daily: Market Watch

3 years ago
Ethereum Price Hits New All-Time High

Ethereum Price Hits New All-Time High

1 year ago
Fundstrat’s Tom Lee Says Treasury Hype Fades, But Backs $1.5B Ether Buy

Fundstrat’s Tom Lee Says Treasury Hype Fades, But Backs $1.5B Ether Buy

1 year ago
DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

3 years ago

Categories

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

Highlights

Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows

Banks are owed $349B by private credit funds that may not be collecting cash from borrowers

Bitcoin ETFs lose $643 million in a day, wiping out the week’s inflows

Why Ripple’s $16 trillion payment volume isn’t boosting XRP

Aave reopens frozen markets but blocks new collateral loans

Maple locks $280M in XRP collateral and upcoming maturity dates threaten liquidations

Trending

AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid
Analysis

AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid

01.11.2026
0

Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power...

Anthropic’s Claude AI Predicts a Seismic BNB Move Post-Binance Hack

Anthropic’s Claude AI Predicts a Seismic BNB Move Post-Binance Hack

01.11.2026
Solana’s reward records leave stakers with a gap in validator fee data

Solana’s reward records leave stakers with a gap in validator fee data

01.11.2026
Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows

Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows

01.11.2026
Banks are owed $349B by private credit funds that may not be collecting cash from borrowers

Banks are owed $349B by private credit funds that may not be collecting cash from borrowers

31.10.2026
  • 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