In 2023, Manta Network 🌊 experienced explosive growth 📈, characterized by remarkable advancements, groundbreaking product launches 🎉, and an unwavering commitment to innovation 💡 in the realm of zero-knowledge (ZK) technology.

As the first EVM-equivalent ZK application platform 🥇, Manta Network offers an unmatched experience for developing and adopting advanced web3 applications, thanks to its effective use of ZK cryptography 🔐. Let’s explore the Manta Network ecosystem today, its journey to success, and what lies ahead for the network in the future.

With a Series A valuation of $500 million 💵, Manta Network has raised over $60 million 💰 across pre-seed, seed, community, and Series A funding stages. Notable investors such as Polychain Capital, DeFiance Capital, and Qiming Venture Partners have contributed to its growth 🚀.

The strategic backing from Binance Labs underscores the network’s significance in the industry 🌐. Founded in 2020 by Victor Ji and Kenny Li, the founding team, operating under p0x Labs, received initial support from a Web3 Foundation grant, marking the beginning of its journey 🌟.

Arising from a visionary initiative to surpass the constraints of current blockchain solutions, Manta Network introduces a multi-modular ecosystem consisting of two blockchain networks 🌐. These networks provide advanced ZK tooling, streamlining the deployment of ZK applications — Manta Pacific 🌊 and Manta Atlantic 🌊.

Networks

Manta Pacific
Manta Pacific introduces an EVM-native Layer 2 solution with versatile ZK capabilities, enabling the exclusive creation of ZK applications through Solidity with Universal Circuits. Leveraging Celestia for DA and the OP Stack for Solidity-based ZK application development ensures not only efficient scalability but also a significant reduction in transaction fees 💸.

The shift from Ethereum for DA to Celestia’s specialized DA solution significantly reduces L2 network transaction fees, resulting in savings exceeding $1.5 million in gas fees 🤑.

The upcoming developmental phase targets the establishment of a fully modular zkEVM rollup using the Polygon CDK, promising further amplification of Manta Pacific’s capabilities. The transition into zkEVM utilizing Polygon CDK is set for early 2024 🗓️.

Manta Atlantic🎇
In contrast, Manta Atlantic emerges as the fastest and most decentralized ZK Layer 1 chain designed, strategically crafted to facilitate modular on-chain compliance identities through zkSBTs 🛡️.

Officially launched in January 2024, its primary focus lies in the ZK compliance credential layer, emphasizing practical application and seamless interoperability. This unique approach empowers projects to attain interoperable identities without necessitating direct cryptographic involvement 🔄.

Manta Atlantic establishes a composable execution environment tailored for ZK applications and seamlessly integrates Manta Network’s ZK tooling infrastructure. Built upon the Substrate framework, it operates as a parachain within the Polkadot ecosystem, placing a significant emphasis on interoperable identity verification and the deployment of ZK applications 🧩.

ZK Toolings

Universal Circuits
Manta Network’s Universal Circuits revolutionize the landscape of ZK application development by addressing inherent complexities.

Traditionally, developers face daunting learning curves, requiring deep expertise in cryptographic techniques and the manual creation of intricate ZK circuits using languages such as Circom 🧠.

To overcome these obstacles, Universal Circuits offer a comprehensive library of pre-built ZK circuits for seamless integration into applications, particularly those developed using Solidity for Ethereum. This approach simplifies the development process, empowering developers to incorporate ZK functionalities effortlessly, without the need for extensive cryptographic knowledge 📚.

⚽Functioning as ZK-as-a-Service, Universal Circuits enable Solidity developers to interact with Manta Pacific contracts via APIs, facilitating the integration of ZK features with minimal adjustments to existing codebases. Noteworthy circuit designs within Universal Circuits encompass zkContracts like zkShuffle and Semaphore-based circuits, developed by the Privacy Scaling and Exploration (PSE) Labs at the Ethereum Foundation 🛠️.

Manta Network’s upcoming initiatives involve enhancing Manta Atlantic’s capabilities, expanding the adoption of zkSBT and MantaPay for Rust developers, and rolling out the

If Manta Network effectively executes its roadmap, it is primed to become a preferred choice for developers entering the dApp ecosystem. The ongoing evolution of Manta Network underscores a commitment to refining its offerings, expanding its influence, and bridging the web2 and web3 domains while upholding user privacy and data security.
Pretty Bullish on $MANTA and everything coming 🔥🔥$MANTA #MantaRWA #MantaRWA生态