• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Manta Pacific has switched to applying Polygon’s zkEVM layer-two

October 17, 2023
in Crypto News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Manta Pacific will integrate with the Polygon ecosystem through the Chain Development Kit (CDK) program.

Manta Pacific has switched to using Polygons zkEVM layer 2Manta Pacific has switched to applying Polygon’s zkEVM layer-two. Photo: Manta network internet site

Announcing the abandonment of the OP Stack and moving to Polygon

Manta Pacific, a layer two blockchain centered on zero-awareness (ZK) applications, is moving from Optimism’s OP Stack to Polygon’s layer two growth kit (CDK). This implies that Manta will not integrate into Optimism Superchain, but will rather turn out to be aspect of the Polygon ecosystem.

Manta Network is collaborating with @0xPolygonLabs to the transition #MantaPacifico to zkEVM applying Polygon CDK. Find out a lot more about what this implies for you.

Read the information: https://t.co/SnYANTfRbd pic.twitter.com/q2mzKMNX73

— Manta Network (🔱,🔱) 💃🕺 #MantaFest (@MantaNetwork) October 16, 2023

Initially, Manta was produced as an optimistic rollup based mostly on Optimism Labs’ OP Stack program. This program assists make a “Superchain,” connecting many networks with each other and sharing the very same safety model. However, OP’s item competes with the Polygon Chain Development Kit (CDK), which employs a distinctive safety model but has the very same purpose of producing a blockchain network.

In the October sixteen announcement, Manta chose to move to CDK for three factors:

– Before – Processing capability: Polygon CDK processes deposits and withdrawals rapidly, in minutes or seconds rather of days.

– Second – Security: Polygon CDK is a lot more “modular” and “sovereign” than options, providing the crew versatility in making capabilities. Furthermore, Manta Pacific’s ZK dApp ecosystem also necessitates a modular framework and adaptive configuration like CDK.

– Third – Interoperability and growth: Manta Pacific is interoperable with other chains created with CDKs via the ZK bridge to Ethereum, simplifying layer two to layer two transactions and unlocking liquidity for dApps on Manta.

The migration aims to make Manta Pacific a absolutely viable zkEVM, following a number of weeks of mainnet alpha implementation $25 million Series A round led by Polychain Capital. Manta Network developer p0x labs shares:

“Polygon’s CDK has design and implementation standards for Layer 2 that the OP stack cannot meet in the long term.”

Manta Network co-founder Victor Ji commented:

“Migrating to zkEVM is essential for Manta Pacific to continue to provide the best experience for developers and users. Polygon’s CDK has been proven to support us in a fast and smooth migration with a robust system.”

However, today’s transition is only the to start with stage in the total mainnet phase. The undertaking also consists of integration with Celestia’s information layer to minimize transaction charges, facts will be announced in the coming weeks.

A number of a lot more lines on Polygon

Starting stage, Polygon is merely a evidence-of-stake sidechain. On March 27, 2023, the undertaking announced the launch of the 2nd network identified as Polygon zkEVM. In June they uncovered ideas to integrate these two networks into a new ecosystem collectively identified as Polygon two.. Recently, Polygon also wished to substitute the MATIC token with the new POL token for the up coming update.

Last week, so did Polygon Labs co-founder Sandeep Nailwal propose Create layer-two for ApeCoin applying CDK.

Related articles

Layer 2 provides native yield on Ethereum

Layer two supplies native yield on Ethereum

November 22, 2023
$91 million was transferred to Layer-2 Blast within a day of launch

$91 million was transferred to Layer-two Blast inside of a day of launch

November 22, 2023

To date, layer 2s produced applying Polygon CDK contain Immutable zkEVM, IDEX, Palm Network, and Astar zkEVM.

Coinlive compiled

Maybe you are interested:

Join the discussion on the hottest concerns in the DeFi marketplace in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!

Tags: Layer 2Layer2MantaPacificPacific Manta RayPolygonPolygonsswitchedzkEVM
Share76Tweet47

Related Posts

report trader used morse code to trick grok into sending billions of tokens thumbnail

Report: Trader Used Morse Code to Trick Grok Into Sending Billions of Tokens

by Akita Inu
May 4, 2026
0

A reported Grok exploit claims a trader used Morse code prompts to trigger token transfers from a verified wallet, raising...

coinbase base zero knowledge proofs sp1 upgrade thumbnail

Coinbase’s Base Plans Zero-Knowledge Proof Upgrade via SP1

by Akita Inu
May 4, 2026
0

Coinbase's Base is planning a shift to zero-knowledge proofs via SP1. Here is what the upgrade could change for Base,...

western unions solana based stablecoin usdpt goes live thumbnail

Western Union’s Solana-Based Stablecoin USDPT Goes Live

by Akita Inu
May 4, 2026
0

Western Union's Solana-based stablecoin USDPT is now live. This article will focus on the confirmed launch, the Solana angle, and...

bitcoin above 80500 three month high altcoins surge thumbnail

Bitcoin Above $80,500 at 3-Month High as Altcoins Surge

by Akita Inu
May 4, 2026
0

Bitcoin rises above $80,500 to a three-month high while major altcoins post double-digit gains, signaling a broad crypto market rebound.

tether q1 2026 net profit attestation report thumbnail

Tether Q1 2026 Net Profit Tops $1B, Attestation Report Shows

by Akita Inu
May 3, 2026
0

Tether says its Q1 2026 net profit exceeded $1 billion, according to its attestation report. Here is the key takeaway...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Report: Trader Used Morse Code to Trick Grok Into Sending Billions of Tokens
  • Coinbase’s Base Plans Zero-Knowledge Proof Upgrade via SP1
  • Western Union’s Solana-Based Stablecoin USDPT Goes Live
  • Bitcoin Above $80,500 at 3-Month High as Altcoins Surge
  • Bitcoin Tops $80,000 for First Time Since January | Market Analysis
  • Tether Q1 2026 Net Profit Tops $1B, Attestation Report Shows
  • XRP Price Analysis: XRP Weakens vs USD and BTC
  • How High Can Ripple (XRP) Go in May? AI Price Forecast
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7