{"id":22130,"date":"2024-02-14T13:33:05","date_gmt":"2024-02-14T13:33:05","guid":{"rendered":"https:\/\/zebpay.com\/au\/?p=22130"},"modified":"2024-02-14T13:33:06","modified_gmt":"2024-02-14T13:33:06","slug":"what-is-manta-token","status":"publish","type":"post","link":"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token","title":{"rendered":"What is the Manta Network (MANTA)?: A Complete Guide"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Introduction\" title=\"Introduction\">Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#How_Does_Manta_Network_Work\" title=\"How Does Manta Network Work?\">How Does Manta Network Work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Manta_Pacific_A_Scalable_EVM-native_L2\" title=\"Manta Pacific: A Scalable EVM-native L2\">Manta Pacific: A Scalable EVM-native L2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Manta_Atlantic_The_Fastest_ZK_Layer_1_Chain\" title=\"Manta Atlantic: The Fastest ZK Layer 1 Chain\">Manta Atlantic: The Fastest ZK Layer 1 Chain<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Manta_Networks_Interoperability\" title=\"Manta Network&#8217;s Interoperability\">Manta Network&#8217;s Interoperability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#How_to_Use_the_Manta_Network\" title=\"How to Use the Manta Network?\">How to Use the Manta Network?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Manta_Network_Use_Cases\" title=\"Manta Network Use Cases\">Manta Network Use Cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#MANTA_Token_Features\" title=\"MANTA Token Features\">MANTA Token Features<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Future_of_Manta_Network_MANTA\" title=\"Future of Manta Network (MANTA)\">Future of Manta Network (MANTA)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Challenges_and_Solutions_of_MANTA\" title=\"Challenges and Solutions of MANTA\">Challenges and Solutions of MANTA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zebpay.com\/au\/blog\/what-is-manta-token\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manta Network was born from a vision to overcome the limitations of existing blockchain solutions and offers a multi-modular ecosystem designed specifically for zero-knowledge (ZK) applications. The network comprises two main blockchain networks: Manta Pacific and Manta Atlantic.<br><br>Manta does not depend on one solution but provides innovations in both Layer 1 and Layer 2 ecosystems. This allows efficiency at both the L1 chain and smart-contract protocol levels. The two solutions are seamlessly interoperable, providing enhanced scalability, speed and privacy when compared to traditional blockchain solutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_Manta_Network_Work\"><\/span>How Does Manta Network Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manta Network started with Manta Atlantic, which is considered the fastest ZK Layer 1 chain on Polkadot. The ecosystem expanded with the introduction of Manta Pacific, a modular Layer 2 platform.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manta_Pacific_A_Scalable_EVM-native_L2\"><\/span>Manta Pacific: A Scalable EVM-native L2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Manta Pacific operates as a <a href=\"https:\/\/zebpay.com\/au\/blog\/what-is-a-layer-2-blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">Layer 2 blockchain<\/a> built on Ethereum Mainnet, providing a dedicated space for EVM-native Zero Knowledge (ZK) applications. When compared to traditional solutions, Manta Pacific offers enhanced scalability and cost-effectiveness by making ZK applications the focal point of decentralised app experiences. Key features include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Programmable ZK as EVM-native L2 &#8211;<\/strong>&nbsp; Developers can leverage programmable zero-knowledge (ZK) enabled contracts within a familiar Ethereum environment.<\/li>\n\n\n\n<li><strong>Universal Circuits for Easy Development-<\/strong> Simplifies ZK application development by allowing the use of Solidity.<\/li>\n\n\n\n<li><strong>Data Availability with Celestia-<\/strong> Utilises Celestia for data availability and zkEVM for scalability, reducing transaction costs for users.<\/li>\n\n\n\n<li><strong>Developer-Friendly ZK Library-<\/strong> Introduces a ZK library for easy integration of ZK-enabled contracts into existing Solidity smart contracts and dApps.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manta_Atlantic_The_Fastest_ZK_Layer_1_Chain\"><\/span>Manta Atlantic: The Fastest ZK Layer 1 Chain<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Unlike other ZK identity layers focusing on <a href=\"https:\/\/zebpay.com\/au\/blog\/smart-contracts-an-overview-of-the-future-of-transactions\" target=\"_blank\" rel=\"noreferrer noopener\">smart contract<\/a> languages, Manta Atlantic operates as the fastest and most decentralised ZK Layer 1 chain, focusing on modular on-chain compliance identities.\u00a0 This facilitates real adoption and interoperability, allowing other projects to enjoy interoperable identities without delving into complex cryptographic work. Key features include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>zkAddress System-<\/strong> Introduces an innovative zkAddress system for public and private addresses, ensuring privacy for on-chain credentials and off-chain identities.<\/li>\n\n\n\n<li><strong>Prove Key for Selective Credential Sharing-<\/strong> Enhances user privacy by allowing selective sharing of specific credentials without revealing the entire ZK identity.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manta_Networks_Interoperability\"><\/span>Manta Network&#8217;s Interoperability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To facilitate seamless interoperability between Manta Pacific and Manta Atlantic, Manta Network introduces the cBridge cross-chain bridge. This bridge enables users to freely circulate assets, including the native governance token MANTA, between both chains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Use_the_Manta_Network\"><\/span>How to Use the Manta Network?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Using Manta Network involves deploying ZK applications on either Manta Pacific or Manta Atlantic. Developers can leverage the user-friendly features and tooling provided by each network to build and deploy ZK-enabled contracts and <a href=\"https:\/\/zebpay.com\/au\/blog\/everything-you-need-to-know-about-dapps\" target=\"_blank\" rel=\"noreferrer noopener\">dApps<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manta_Network_Use_Cases\"><\/span>Manta Network Use Cases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manta Network&#8217;s use cases span various industries and applications, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Decentralised finance (DeFi)<\/li>\n\n\n\n<li>Supply chain management<\/li>\n\n\n\n<li>Identity management<\/li>\n\n\n\n<li>Privacy-preserving applications<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MANTA_Token_Features\"><\/span>MANTA Token Features<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Market Cap &#8211;<\/strong> $695,010,746<\/li>\n\n\n\n<li><strong>Volume &#8211; <\/strong>$184,284,178<\/li>\n\n\n\n<li><strong>Circulating Supply &#8211;<\/strong> 251,000,000 MANTA<\/li>\n\n\n\n<li><strong>Total Supply &#8211;<\/strong> 1,000,000,000 MANTA<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Future_of_Manta_Network_MANTA\"><\/span>Future of Manta Network (MANTA)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>With its innovative approach to zero-knowledge applications and interoperability between its two main networks, Manta Network is looking forward to playing a significant role in the future of Web3. Its continued development and adoption are aimed at driving further growth in decentralised applications and the broader blockchain ecosystem.<\/p>\n\n\n\n<p>Read mre: <a href=\"https:\/\/zebpay.com\/au\/blog\/what-is-a-zero-knowledge-rollup-zk\" target=\"_blank\" rel=\"noreferrer noopener\">What Is a Zero-Knowledge (ZK) Rollup<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_and_Solutions_of_MANTA\"><\/span>Challenges and Solutions of MANTA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While Manta Network addresses many challenges faced by existing blockchain solutions, both at the L1 and L2 levels, ongoing development and community involvement are crucial to overcoming any potential hurdles. Continued optimisation of scalability, privacy, and interoperability is required to increase adaptability.&nbsp;<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/zebpay.com\/au\/blog\/difference-between-layer-1-and-layer-2-blockchains\" target=\"_blank\" rel=\"noreferrer noopener\">Layer 1 Blockchain Vs Layer 2 Blockchain<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manta Network brings innovation in zero-knowledge applications, offering a multi-modular ecosystem that addresses the limitations of existing blockchain solutions. Seamless interoperability between Manta Pacific, which is a Layer 2 solution and the Layer 1 solution, that is, Manta Atlantic gives us a complete ecosystem and tools to work with. With its emphasis on scalability, cost-effectiveness, and user privacy, Manta Network strives to drive the next wave of adoption in decentralised applications and impact the <a href=\"https:\/\/zebpay.com\/au\/blog\/what-is-web-3-0\" target=\"_blank\" rel=\"noreferrer noopener\">Web3 landscape<\/a>.<\/p>\n\n\n\n<p>If you found this blog to be useful, do share it with other like-minded crypto enthusiasts. Click on the button below to begin your crypto trading journey using ZebPay.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/connect.zebpay.com\/account\/login?returnUrl=%2Fconnect%2Fauthorize%2Fcallback%3Fclient_id%3Deee7baaa-9d6c-43f1-9eb6-8174f62cd244%26redirect_uri%3Dhttps%253A%252F%252Fzebpay.com%252Fapp%26response_type%3Did_token%2520token%26scope%3Dopenid%2520profile%2520wallet%253Atransactions%253Aread%2520trade%253Aread%2520trade%253Acreate%2520wallet%253Aaddress%253Acreate%2520wallet%253Aaddress%253Aread%2520wallet%253Atransactions%253Asend%26state%3Df65722a12ff24ddf85febf7db4e3e2eb%26nonce%3Dc32755084f7d478b98277495485ceca1\" target=\"_blank\" rel=\"noreferrer noopener\">trade now<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Manta Network was born from a vision to overcome the limitations of existing blockchain solutions and offers a multi-modular ecosystem designed specifically for zero-knowledge (ZK) applications. The network comprises two main blockchain networks: Manta Pacific and Manta Atlantic. Manta does not depend on one solution but provides innovations in both Layer 1 and Layer [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":22133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[16],"class_list":["post-22130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-crypto"],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/22130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/comments?post=22130"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/22130\/revisions"}],"predecessor-version":[{"id":22132,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/22130\/revisions\/22132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media\/22133"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media?parent=22130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/categories?post=22130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/tags?post=22130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}