What is a Manta Coin? This is the explanation!

2024-08-01

What is a Manta Coin? This is the explanation!

BittimeManta Network offers high-performance, modular blockchain infrastructure with low transaction fees through Manta Pacific and Manta Atlantic. With a TVL of over $700 million, Manta Network supports Zero-Knowledge (ZK) applications and cryptographic interoperability.

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What is a Manta Coin?

Manta Network consists of two main parts, Manta Pacific and Manta Atlantic, and offers high-performance infrastructure with low transaction costs; it is a powerful new player in the world of modular blockchain. Manta Pacific uses Celestia technology to ensure data availability and zkEVM to improve scalability; Manta Atlantic, on the other hand, concentrates on ZK compliance credentials, which enable seamless cryptographic interoperability.

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Manta Network is poised to become a major player in blockchain development, backed by leading web3 investors and having a Total Value Locked (TVL) of over $700,000,000. Manta Network helps the development and deployment of zero-knowledge (ZK) applications with a developer-focused and Universal Circuits approach.

What is the Manta Network Structure Like?

A two-pronged method is used by Manta Network to meet custom Web3 development needs. Manta Pacific is an Ethereum layer 2 component designed to support Zero-Knowledge (ZK) applications of the Ethereum Virtual Machine (EVM). To improve scalability, Celestia technology is used to ensure data and zkEVM availability.

Instead, Manta Atlantic concentrates on Zero-Knowledge (ZK) compliance credentials. It introduced zkSBTs (Zero-Knowledge Simple Barter Tokens), which supports a private, reusable, and auditable address system known as zkAddresses. Manta Atlantic functions as Layer 1 on Polkadot.

Is it Worth it to Invest in Manta?

Manta Network appears to have a neutral prediction for 2024 after looking at various technical metrics. Before investing in any cryptocurrency, always check the fundamental and technical analysis. Institutional adoption, on-chain activity, and price activity can provide further insight into a project's potential value.

Conclusion

The two main parts of the Manta Network are Manta Pacific and Manta Atlantic. Manta Pacific focuses on Zero-Knowledge (ZK) compliance credentials and supports zkSBT and zkAddresses for seamless cryptographic interoperability, while Manta Atlantic uses Celestia technology to ensure data availability and zkEVM to increase scalability.

With a Total Value Locked (TVL) of over $700,000,000, the project has received significant support from leading web3 investors. Manta Network offers high-performance infrastructure with low transaction costs and a developer-focused approach to supporting Zero-Knowledge (ZK) application development and deployment.

However, to invest in Manta Coin, you must perform in-depth technical and fundamental analysis. Although the predictions are neutral for 2024, possible institutional adoption, on-chain activity and price movements must be considered.

How to Buy Crypto on Bittime

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You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime

Monitor graphic movement of Bitcoin (BTC) priceEthereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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