About Manta (MANTA)
Manta Network is a platform for Zero-Knowledge (ZK) applications, leveraging a modular blockchain and zkEVM to enhance its position in the Layer 2 smart contract platform space. It aims to offer enhanced capabilities and an improved user interface, due to its modular infrastructure which integrates modular Data Availability (DA) and zkEVM components. This combination not only ensures smooth operations but also promises continual improvements in user experience.
Moreover, Manta Network positions itself as a modular ecosystem in the realm of Web3, where users can develop and launch a diverse range of decentralized applications using Solidity. Its advanced technological framework is engineered to outperform traditional Layer 1 (L1) networks in transaction speed, while simultaneously maintaining lower operational costs typically associated with Layer 2 (L2) solutions. This blend of efficiency and cost-effectiveness makes Manta an ideal choice for leveraging the full potential of blockchain technology in decentralized applications.
Furthermore, Manta's scalable infrastructure supports various applications in sectors like DeFi, GameFi, and identity verification. At its core, the network employs a modular blockchain structure, incorporating technologies such as Celestia for modular DA and Polygon CDK for zkEVM. Its architecture, which includes universal circuits for ZK applications and a modified OP Stack for transaction batching, offers cost-effective and efficient transaction handling – a feature not commonly found in similar platforms, as per the project.
The MANTA token is central to the Manta Network, enabling governance, security, and transactions in its ecosystems. It offers holders voting rights, staking opportunities for network security, and is used for transaction fees. MANTA drives value for builders, contributors, and users, with revenues reinvested into the ecosystem’s growth and decentralization.
The current price of MANTA is available and updated in real-time on Binance.
