Manta Pacific Becomes First Ethereum L2 using Celestia as Modular DA

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12 Jan 2024

Hello BULBers,

I want to share a brief info about the Upcoming Manta Network

As the Manta Pacific ecosystem continues to grow, we are seeing increased transactions and demand on the network. With Celestia underneath, we are able to proactively address rising user demands, directly benefiting all users of Manta Pacific. High-throughput DA also allows Manta Pacific to allocate sequencer revenues to public goods and ecosystem growth initiatives, funding the next wave of applications and fully on-chain use cases enabled by abundant blockspace.

Following their roadmap released in October, Manta Pacific, the modular L2 ecosystem empowering zero-knowledge (ZK) applications, made history by breaking two key records: becoming the first major Ethereum L2 to use Celestia for Modular Data Availability, and the first L2 to transition to Celestia on mainnet.

Kenny Li, Co-Founder and Core Contributor at Manta Network stated: “Our successful transition to Celestia’s modular DA will help us onboard the next generation of users and cultivate the most active on-chain ecosystem on the market. We’re ready to meet this demand — not with a monolithic blockchain — but with a modular one that keeps us adaptable and growing with the entire web3 space.”
The integration with Celestia arrives amid Manta Pacific’s accelerating growth. To date, the network has reached $65m TVL and the Manta Pacific ecosystem is flourishing. Celestia will enable Manta Pacific to handle rising demand and enable user onboarding at a level unprecedented for an Ethereum L2.
Manta Pacific’s transition to Celestia is a testament to the increasing relevance of the modular blockchain stack. By separating key functions like consensus, execution, and data availability onto dedicated layers, modular structures unlock scalability previously impossible without sacrificing on security and verification.

About Manta Network

Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service, and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications. Learn more about Manta Pacific here.
Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Accelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of privacy-focused web3 applications.

Source Credits: medium.com/mantanetwork

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