Mantle Network Forms Alliance with Succinct to Transition to ZK Validity Rollup for Institutional-Grade Settlement and Value Transfer in Crypto Ecosy

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Cointime2024/12/19 11:11

By:Cointime

Mantle Network, a top 5 Ethereum layer 2 (L2) platform with $2.2 billion TVL, has partnered with Succinct to adopt zero-knowledge (ZK) validity rollup technology. This will create a liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem, while also providing next-generation technical infrastructure for secure growth of high-value asset settlements. Mantle Network's integration of Succinct's SP1 zero-knowledge proof system into its Layer-2 solution for Ethereum is expected to improve scalability, efficiency, and security of high-value transactions, and enable developers to create decentralized applications with unprecedented speed and reliability. This move positions Mantle Network as a leader in scalability and innovation, and a future-ready L2 chain as a native ZK rollup.

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