Manta Network Unveils Manta Pacific: A New ZK-As-A-Service Platform for EVM-Native DApps
Summary:
Manta Network has launched Manta Pacific, a ZK-as-a-service platform that enables the development of EVM-native decentralized applications using zero-knowledge proofs. The platform offers plug-and-play functionality for developers, with low gas fees and scalability. Manta Pacific allows for the bridging of Ethereum and offers compatibility with other ZK-rollup solutions. The project raised $25 million to expand its network and drive adoption in the Asian market.
Manta Network, a new addition to the ecosystem of layer 2 blockchain solutions powered by zero-knowledge proofs, has launched its ZK-as-a-service platform. Known as Manta Pacific, this modular L2 platform is designed to enable the development of EVM-native decentralized applications using ZK-proof technology. Developers can take advantage of the platform's software development kit and ZK library, which offer plug-and-play functionality. Manta Pacific is compatible with Ethereum, allowing apps deployed on Ethereum to be easily deployed on Manta Pacific, and vice versa. The platform's ZK-enabled feature provides low gas fees and scalability. Users also have the option to bridge Ethereum to Manta Pacific for exploration and development purposes. The launch of Manta Pacific adds to the existing options available to Web3 developers, such as Consensys’ Linea zkEVM, Polygon zkEVM, Starknet, Coinbase’s Base, and zkSync Era. Manta Network believes that, in the long run, the market will converge on a few solutions that prioritize ease of use for developers building and deploying ZK-enabled applications. The adoption of a plug-and-play approach, similar to the successful software-as-a-service models in the Web2 world, is considered essential in abstracting away the complexity of cryptography. According to Manta Network's core contributor, Kenny Li, Manta Pacific has been in development for nine months and has witnessed the creation of 150,000 wallets and over 3.5 million transactions since its testnet launch in July 2023. The project raised $25 million from investors with the aim of expanding its network and driving adoption in the Asian market. The interoperability of Ethereum's ZK-rollups is explored in more detail in a related magazine article.
Published At
9/12/2023 1:00:00 PM
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