Get to know Binance's 44th Launchpool: Project Manta

What is Manta Network?

Manta Pacific is the first Zero Knowledge (ZK) EVM application platform that is scalable and secure through Celestia's data availability (DA) layer and the Ethereum Polygon Zero Knowledge (zkEVM) virtual machine. By leveraging Celestia's DA layer, Manta can deliver lightning-fast infrastructure at a fraction of the cost of Layer 2 rollups.
In other words, Manta Network is a modular ecosystem for web3. Users can build and deploy decentralized applications on Manta and leverage its technology platform to deliver faster transaction speeds than Layer 1 and lower gas costs than Layer 2.
Layer 2 race

In its initial stages, Manta Netwwork is a Layer 1 blockchain built on Pokadot applying zkSNARK technology to provide anonymity to users. This is how the project ensures user privacy while still solving scalability and security issues.
However, to keep up with the trend, Manta decided to build Layer 2 on Ethereum based on modular blockchain and zkEVM technology. The goal of this project is to use Celestia as DA Layer and OP Stack to expand the network. Data from Manta Pacific transactions sent to Celestia will enable transactions on Manta Pacific to be performed at lower costs than transactions on other L2s. With ZK technology, the project allows developers to build ZKApps on Ethereum and aims to be at the forefront of being a zkEVM platform.

A few words about Manta Pacific

There are currently no ZK native EVM applications, so Manta believes that ZK applications are the next generation of dApps because the strength is high security while still maintaining the user experience. A quick look at the current VM, EVM and zkEVM blockchains: No tools are provided to easily build and deploy ZK applications Has high gas costs and slow performance Developers often need to choose a new programming language that limits applications to certain ecosystems Manta Pacific solves this problem by providing programmable ZK as a native Layer 2 EVM.
Manta Pacific provides high scalability and low transaction fees for ZK applications with the following benefits: Reduced gas fees and high scalability By leveraging Celestia's modular DA Layer, Manta can deliver ultra-fast infrastructure at a fraction of the cost of L2.

Combined with Manta's Universal Circuits, they have built the perfect environment to build and launch dApps. Developer friendly Through Universal Circuits 2.0, Manta Pacific provides the ZK library for developers to easily invoke ZK-enabled contracts for their existing Solidy smart contracts and dApps. Universal Circuits offers ZK-as-a-Service allowing any Solidity developer to call Manta Pacific contracts via APis to enable ZK features (identity verification, privacy-preserving obfuscation for on-chain game, private identity) with a few pieces of code. New ZK user With Manta's ZK, Celestia's modular DA and zkEVM offer compelling technologies with proven capabilities.

By bringing these three together, the best ecosystem has been created for developers and users when it comes to ZK use cases. The ecosystem is evolving Manta Pacific is the first EVM-equivalent ZK application platform that achieves scalability and security through Celestia DA and Polygon zkEVM. The ecosystem has grown strongly with many projects deployed on Manta's infrastructure to leverage its ZK technology.
Roadmap Fourth quarter 2023
Launch of Manta Pacific Mainnet Alpha II Manta Atlantic Mainnet Launch Integrate Celestia DA with
Manta Pacific Mainnet First quarter of 2024

Multiprover is enabled on the Manta Pacific testnet Switch to zkEVM on testnet Second quarter of 2024 Manta Pacific Mainnet Beta Launch Multiprover is enabled on the Manta Pacific mainnet Switch to zkEVM on mainnet Universal Circuits 2.0 is released on testnet Third quarter 2024 Launching Manta Pacific Mainnet product Universal Circuits 2.0 released on mainnet summary The TVL of this project has skyrocketed in recent times largely due to the New Paradigm campaign at the end of last year. Just like Blast's previous approach, Manta calls on users to lock ETH on the platform and then airdrops it to users after the campaign ends. With the story of Layer 2 expected to be the main topic throughout the upcoming uptrend season, Manta is also a name to keep an eye on in addition to the OPs and ARBs that are mentioned too much.

However, the moment you just listed the exchange is not a good time for you to buy FOMO. Those who participated in the launchpool before on Binance can consider holding until the uptrend or selling tokens, then wait for suitable buying points. reason later. Among the countless Layer 2 Altcoins to choose from, you now have one more name to pay attention to, DYOR, and be responsible for all your investment decisions!