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Fundamentals

Manta Network – Modular innovation, Celestia DA, ZK apps, New Paradigm, and more | Fundamentals ep.84

Jan 8, 2024
Kenny Li, Co-Founder of Manta Network, discusses the modular design of Manta Pacific and its use of the OP stack, Celestia, and Polygon's zkEVM. They explore the role of Manta Network in a crypto-native future and delve into yield-bearing L2 solutions and Manta's latest funding round. The podcast also touches on the significance of a modular approach for scalability and economic sustainability, and the multiple purposes of the Manta token within the ecosystem.
54:21

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Manta Network offers a modular ecosystem for ZK applications, providing scalable and secure platforms like Manta Pacific and Manta Atlantic.
  • Manta's strategic focus on economic sustainability, value accrual, and revenue generation positions them for future growth and expansion in the blockchain ecosystem.

Deep dives

Manta Network: A Modular Blockchain Ecosystem

Manta Network is a modular blockchain ecosystem for ZK applications, offering Manta Pacific, a scalable and secure EVM equivalent ZK application platform, and Manta Atlantic, a ZK Layer 1 chain. Manta aims to provide a resilient network that can scale and adapt over time. Their modular design allows them to integrate key technologies like Celestia and Polygon ZK EVM, reducing gas fees and improving user experience. They focus on economic sustainability and value accrual, with revenue generated from fees that are used for ecosystem growth and development. Manta's recent funding round positions them strategically for future growth and expansion. They are also excited about their new paradigm, a yield-bearing L2 that has gained significant traction. Despite some challenges and the need for further improvement in communication, Manta is a sleeping giant ready to push growth in the blockchain ecosystem.

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