Manta Network (MANTA) is a blockchain platform focused on privacy and scalability, designed for zero-knowledge (ZK) applications in the Ethereum and Polkadot ecosystems.
Its goal is to provide robust privacy solutions for decentralized finance (DeFi) and decentralized applications (dApps), enabling private and secure transactions on the blockchain.
Key features:
Modular architecture:
Manta Network consists of two main networks:Manta Pacific: A Layer 2 solution on Ethereum that uses zero-knowledge proofs (ZKPs) for native Ethereum applications, offering a scalable and low-cost environment for deploying dApps.
Manta Atlantic: A Layer 1 chain on Polkadot that introduces programmable identities and credentials through zkSBTs (Zero-Knowledge Soulbound Tokens), facilitating interoperability and privacy in the Polkadot ecosystem.
Privacy and security:
By integrating zk-SNARKs, Manta Network enables private transactions, ensuring that details such as the sender, receiver, and amount remain confidential.Interoperability:
Built on Substrate, Manta Network is designed to be interoperable with other blockchains, especially within the Polkadot ecosystem, facilitating asset transfers and frictionless interaction.Scalability:
The platform is optimized to handle high volumes of transactions without compromising privacy or security, ensuring that it can scale to meet the demands of a growing user base.
MANTA token utilities:
Participation in governance:
MANTA holders can participate in key decisions regarding the development and future direction of the platform through a decentralized governance system.Rewards and benefits:
Users who hold and stake (staking) MANTA can access reward programs, including discounts on transaction fees and access to exclusive offers.Access to premium services:
MANTA provides access to additional services within the Manta Network ecosystem, such as advanced asset management tools and participation in special events.
White paper:
The official white paper of Manta Network is titled:
- "Manta: a Plug and Play Private DeFi Stack"
This whitepaper describes how Manta Network integrates zero-knowledge proofs to provide privacy solutions in the DeFi space.
Annual price evolution of MANTA:
This is a list of the approximate price of MANTA at the end of each year since its launch:
2021: $0.50
2022: $0.30
2023: $0.40
2024: $0.75 (as of December 26)
* Manta Network offers an innovative solution for privacy and scalability in the blockchain ecosystem, focusing on zero-knowledge applications to enhance privacy in DeFi and dApps.
With its modular architecture and focus on interoperability, Manta Network positions itself as a key platform for the development of the next generation of decentralized applications *
$MANTA