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COINTURK NEWS > Altcoin News > Manta Network: A Modular Ecosystem for Web3
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Manta Network: A Modular Ecosystem for Web3

In Brief

  • Manta Network offers a high-speed, low-cost decentralized app platform.

  • It leverages emerging technologies for a scalable and agile infrastructure.

  • MANTA coin serves multiple purposes within the Manta Network ecosystem.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Manta Network is a modular ecosystem for Web3. Users can create and deploy Solidity-based decentralized applications on Manta at higher speeds than a Layer 1 network and with much lower transaction costs than a Layer 2. In this article, we will answer many questions such as what is Manta, the 44th project on Binance Lanchpool, and where to buy MANTA coin.

Contents
What is Manta?Where to Buy MANTA Coin?

What is Manta?

The mission of Manta Network is to facilitate the adoption of Web3 by providing an infrastructure environment that brings real and scalable use cases to the market. In this direction, Manta Network serves as a modular ecosystem for Web3. Users can create and deploy Solidity-based decentralized applications on Manta, benefiting from the technology stack to achieve higher transaction speeds than a Layer 1 network and lower transaction costs than a Layer 2.

Manta’s modular infrastructure stack allows it to leverage the best of emerging technologies in its class, including Celestia for DA, Polygon CDK for zkEVM, yield-bearing native assets, and more innovations in the future. This modularity provides agile and flexible improvement at the infrastructure level, continuously offering new features and services that result in better user experiences. Manta offers higher transaction speeds than any Layer 1 network and lower transaction costs than any Layer 2.

Manta Pacific provides a library of generalized ZK circuits that offer any Solidity developer the tools needed to create ZK-enabled applications by adding just a few lines of code to their existing contracts. It also leverages Celestia to enable modular DA, making it the cheapest Layer 2 network to transact on. Modular DA significantly reduces gas costs for users by separating call data.

Manta Pacific uses the Polygon CDK to provide a Type 1 zkEVM, offering a native EVM experience on the Layer 2 network. Manta Pacific is a public Layer 2 network that gives developers equal opportunity to create and deploy scalable applications. Furthermore, Manta Pacific offers native yield support for ETH and USDC-based cryptocurrencies.

MANTA coin is the native asset of the Manta Network. MANTA coin serves many purposes including governance participation, staking, collator delegation, payment of network fees, native liquidity, and collateral.

Where to Buy MANTA Coin?

MANTA coin can be safely bought and sold from the leading cryptocurrency exchange Binance. MANTA coin will be listed on Binance on January 18, 2024, and will be available for trading in MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, MANTA/TUSD, and MANTA/TRY trading pairs.

To purchase MANTA coin, one must first register with the Binance exchange if not already a member. After completing the registration process, cryptocurrency or fiat currency such as Turkish Lira should be transferred to the account wallet on Binance. Once the transfer is complete, MANTA coin can be purchased from any of the six trading pairs mentioned above.

To make a purchase from the MANTA/USDT trading pair, one should first go to the interface of this trading pair. The desired amount to be purchased is entered in the specified area on the limit tab of the trading pair interface. After entering the amount, the purchase is completed with the MANTA Buy order.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 16 January, 2024 - 5:35 pm 16 January, 2024 - 5:35 pm
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