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What is Cedefi, what is its relationship with the Manta network, and what are the future development
2️⃣0️⃣ Manta CeDeFi Crossed $100M In TVL After One Week
Depositors are racing to qualify for the Manta CeDeFi points program before the project tags $500 million in TVL. Manta's new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week.
2️⃣1️⃣ Manta's Modular and ZK Proof Technology Advantages
ZK Applications and Manta Network’s Role
Enabling ZK Applications
Manta Network plays a pivotal role in enabling ZK applications. By leveraging its innovative technology, Manta Network provides the necessary infrastructure for the development and deployment of Zero-Knowledge (ZK) applications. This enables developers to create decentralized applications that prioritize privacy, security, and efficiency.
Manta Network’s architecture is designed to support the unique requirements of ZK applications. It offers a robust framework that allows developers to integrate zero-knowledge proofs seamlessly into their projects. As a result, this empowers the broader blockchain ecosystem with advanced privacy features while maintaining high performance.
Enhancing Privacy and Security
Zero-knowledge proof technology is at the core of Manta Network’s role in enabling ZK applications. With zero-knowledge proofs, users can provide verifiable information without revealing any sensitive data. This cryptographic technique allows for secure transactions and interactions within decentralized systems while preserving user privacy.
Part 9️⃣
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