MANTRA is gaining traction as a promising Layer 1 blockchain due to its focus on real-world applications and regulatory compliance. Built using the Cosmos SDK, MANTRA is compatible with Inter-Blockchain Communication (IBC) and CosmWasm, making it highly versatile for cross-chain interactions. Its permissionless nature allows for the development of permissioned applications, and its high throughput — up to 10,000 transactions per second — makes it a competitive player in the blockchain space. One of MANTRA’s key differentiators is its integration of tools and modules that help manage regulatory-compliant real-world assets (RWAs), positioning it as a crucial bridge between traditional finance and decentralized finance. As demand for compliant blockchains increases, MANTRA is well-positioned for success in 2024, offering a reliable and scalable solution for Web3 institutions and businesses.
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