Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network

Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network

The BlockThe Block2023/12/18 14:09
By:The Block

Quick Take Layer 2 Manta Pacific has adopted Celestia’s modular data availability solution to reduce transaction fees.

Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network image 0

Layer 2 blockchain Manta Pacific will adopt its modular data availability solution to reduce user transaction fees.

Manta will leverage Celestia TIA -11.82% ’s data availability sampling, a mechanism for light nodes to verify data availability without downloading all data contained within a block.

“We’re leveling up Manta Pacific by taking it to Celestia to benefit our users with a more cost-effective and secure network environment,” says Kenny Li, co-founder and core contributor at Manta Network.

Some of the industry’s top rollup projects have already decided to integrate with Celestia. For instance, Polygon Labs' chain development kit, an open-source toolkit for developing Layer 2 chains, is integrating Celestia’s DA solution to cut costs for Layer 2 chains developed in its ecosystem.

Manta Pacific has grown to a total value locked of $18 million in just over two months since its mainnet went live in September. Its developer p0x labs raised $25 million this July in a round led by Polychain Capital in July.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Congress’s top priorities this lame duck session

Here’s a look at what lawmakers are most focused on in these final weeks of the 118th Congress

Blockworks2024/11/26 18:33

BTC breaks through $94,000

Cointime2024/11/26 16:55