Low fees and high scalability—imagine a cryptocurrency that functions like an express highway lane, offering developers a fast, secure, and scalable route to launch apps with minimal costs. This is the vision of Manta Network, a cutting-edge blockchain solution leveraging Celestia’s Data Availability and Polygon’s zkEVM to optimize transaction speed and security.
What Is Manta Network?
Founded in 2020 by Victor, Shumo, and Kenny, Manta Network operates as both a Layer-1 (Manta Atlantic) and Layer-2 (Manta Pacific) scaling solution for EVM-based blockchains.
Key Components:
- Manta Pacific: A Layer-2 ecosystem on Ethereum tailored for EVM-native ZK applications, offering low gas fees and modular scalability.
- Manta Atlantic: The fastest ZK Layer-1 chain on Polkadot, enabling programmable identities via zkSBTs (Zero-Knowledge Soulbound Tokens).
Core Definitions:
- EVM (Ethereum Virtual Machine): Executes smart contracts.
- ZK (Zero-Knowledge Proofs): Enables validation without revealing data (e.g., ZK-SNARKs, zkEVM).
- Celestia’s Data Availability: Ensures blockchain data is accessible network-wide.
- zkSBTs: Privacy-preserving tokens for identity verification.
- App-Agnostic: Compatible with multiple data formats/sources.
How Manta Network Works
Manta Pacific: The Layer-2 Powerhouse
- Modular Design: Integrates Celestia’s Data Availability and Polygon’s zkEVM for cost-efficient scaling.
- Universal Circuits 2.0: Simplifies ZK application deployment with an SDK and ZK library for Solidity developers.
Manta Atlantic: The ZK Layer-1 Innovator
- Focuses on ZK compliance credentials for interoperable identities.
- Features zkAddresses: Auditable, reusable private addresses with Prove Keys for selective credential sharing.
What Makes Manta Network Unique?
| Feature | Manta Pacific | Manta Atlantic |
|---|---|---|
| Key Strength | Low fees, scalability | UTXO-based zkAddresses |
| Use Case | ZK app development | Compliance identities |
👉 Explore Manta’s modular ecosystem
MANTA Tokenomics
- Total Supply: 1 billion MANTA (ERC-20 PoS token).
- Annual Minting: 2% inflation rate.
Initial Distribution:
- 21% Ecosystem/Community
- 14% Foundation Treasury
- 13% Private Investors
- 12% Airdrops
Fee Distribution:
- 72% → Ecosystem projects
- 18% → Treasury (governed by stakers)
- 10% → Block producers
Conclusion
Manta Network merges EVM compatibility, modularity, and ZK technology to offer a scalable, low-cost platform for developers. With dual-layer functionality and robust tokenomics, Manta is poised for long-term growth—though, as always, crypto investments carry inherent risks.
FAQs
❓ What is Manta Network’s primary goal?
To provide a scalable, secure ZK-application platform for EVM blockchains.
❓ How does Manta Pacific reduce gas fees?
By using Celestia’s Data Availability to cut Layer-2 operational costs.
❓ What are zkAddresses?
Private, reusable addresses enabling auditable yet shielded transactions.
❓ How can I stake MANTA tokens?
Via supported wallets (e.g., Trust Wallet) or Manta’s governance portal.
👉 Learn more about MANTA staking
Disclaimer: Always conduct independent research before investing in cryptocurrencies.
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