• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Manta pacific migrates to Polygon CDK, joins ecosystem

Manta pacific migrates to Polygon CDK, joins ecosystem

user avatar

by Liza Tanasova

2 years ago


An announcement made on October 16 stated that Manta Pacific's network, which primarily focuses on zero-knowledge (ZK) applications, was planning to integrate with the Polygon ecosystem by adopting the Chain Development Kit (CDK) software. This change suggests that Manta will instead join the Polygon ecosystem rather than the upcoming Optimism Superchain, as was originally planned.

The Manta network is an Ethereum layer-2 platform that focuses on ZK-based applications, such as privacy and digital identity solutions. On September 12, it successfully launched its mainnet and processed more than 500,000 transactions.

Manta was initially created as an optimistic rollup using the OP Stack software from Optimism Labs. However, the Polygon Chain Development Kit (CDK), which uses a different security model while facilitating the development of interconnected blockchain networks, is now a competitor.

Manta listed three main justifications for switching to Polygon CDK. First, Polygon CDK guarantees quick processing of deposits and withdrawals without requiring a wait time for fraud proofs, leading to noticeably faster finality.

Second, Manta emphasized Polygon CDK's modularity and sovereignty, giving its team more freedom in ongoing feature development.

Thirdly, developers will be able to create a trustless ZK bridge to Ethereum by utilizing Polygon CDK. Users of various Polygon CDK networks will eventually be able to access one another's liquidity thanks to this bridge, expanding the ecosystem.

The Polygon zkEVM launch on March 27 added to the Polygon ecosystem, which had previously only included the Polygon Proof of Stake network. Plans to incorporate these networks into the "Polygon 2.0" ecosystem were unveiled in June.

On August 9, the Optimism ecosystem launched a second network called the Base network. On October 3, it unveiled a fraud-proof system intended for widespread use throughout the ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Avalanche (AVAX) Shows Potential for Rebound Amid Market Decline

chest

Avalanche (AVAX) is showing signs of a potential rebound as it trades within a falling wedge pattern, indicating a possible bullish reversal.

user avatarLeo van der Veen

Bithumb Suspends ADA Transactions for Network Upgrade

chest

Bithumb has announced a temporary suspension of ADA deposits and withdrawals to support a network upgrade and ensure system maintenance.

user avatarLi Weicheng

FLOKI Records 624% Jump in 24 Hours

chest

FLOKI has seen a remarkable 624% increase in just 24 hours, indicating strong community support.

user avatarAisha Farooq

Monash University Engineers Unveil Groundbreaking Graphene Supercapacitors

chest

Monash University engineers have developed graphene supercapacitors that achieve battery-level energy densities, potentially revolutionizing energy storage technology.

user avatarTenzin Dorje

A New Era in Global Credit: Direct Lending Takes Center Stage

chest

A significant shift is occurring in the global credit system, moving from traditional intermediated finance to direct lending facilitated by blockchain technology.

user avatarElias Mukuru

8lends: Revolutionizing Lending with Blockchain Technology

chest

8lends is a blockchain-enabled platform that combines traditional lending rigor with the speed and transparency of decentralized finance.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.