Manta Network is a modular blockchain designed specifically for Zero-Knowledge applications. It includes Manta Pacific, an L2 ecosystem ideal for Ethereum Virtual Machine (EVM)-based ZK applications and dApps looking to deliver low-cost, user-friendly experiences.
By leveraging the data availability of ZK-as-a-Service and Celestia, Manta Network provides an ideal environment for ZK-enabled applications.
This platform was developed specifically to enable users to conduct cryptocurrency transactions more privately and consists of two main networks:
Manta Pacific: Used for advanced applications (dApps) based on Ethereum. Manta Pacific aims to solve the problems of high transaction fees on Ethereum and allows users to make transactions at lower costs. In this way, developers and users can do more transactions without being limited by Ethereum.
Manta Atlantic: One of the fastest zero-knowledge blockchains on the market, running on Polkadot. This network provides users with private identities and credentials on web3, making cryptocurrency transactions more secure and private.
Manta Network offers both speed and privacy in cryptocurrency transactions using these two networks. In particular, it aims to set a new standard of privacy in the cryptocurrency world by allowing users to conduct their transactions more privately and securely.
MANTA Coin is the native utility and governance token of the Manta Network ecosystem. With a total supply of 1 billion, $MANTA is designed to support network security, pay network usage fees, and be used for various transactions within the ecosystem. $MANTA tokens are used by locking and unlocking in the Celer liquidity pool, which bridges the two main networks of the Manta Network: Manta Pacific and Manta Atlantic.
Manta Network was created by experienced founders and has received investments from leading web3 investment funds such as Binance Labs and Polychain Capital. It aims to contribute to the development of blockchain technology by providing low transaction fees and a suitable environment for ZK applications. It is seen as an attractive platform especially for those who want to develop privacy-oriented applications and dApps.
The future of MANTA Coin is closely tied to the growth and adaptation of Manta Network within the ecosystem. The modular structure of the platform and its build on ZK technology could increase the use cases and value of $MANTA. However, the future value of $MANTA may change depending on the state of the overall cryptocurrency market and the success of Manta Network within the ecosystem. It is important for investors to consider market trends, technological developments, and their own risk tolerance when investing in such assets.
