Interview
Manta Network – Modular innovation, Celestia DA, ZK apps, New Paradigm, and more | Fundamentals ep.84
On this episode of the Fundamentals podcast, we’re joined by Kenny Li, the Co-Founder of Manta Network: the modular ecosystem for ZK applications.
Listen to the episode
Manta offers two networks, Manta Pacific, the first EVM-equivalent ZK-application platform that is scalable and secure through Celestia DA and Polygon zkEVM - and Manta Atlantic which is a ZK L1 chain on Polkadot.
In this session, we focus on Manta Pacific and dive into its modular design. Kenny walks us through their use of the OP stack, Celestia, and Polygon’s zkEVM. We speak about the rationale behind this modular design and envision Manta’s role in a crypto-native future. We speak about the recently launched yield-bearing L2, New Paradigm, and learn what yield-bearing L2s are all about. We also touch on the role of the MANTA token within the ecosystem, and discuss Manta’s latest funding round.
Tune in as we dive deep into the world of modular blockchains.
Timestamps:
00:00 Introduction
01:57 Overview of Manta Network
02:23 Core problems Manta Pacific aims to solve
05:03 Overview of Manta Pacific’s modular tech stack
08:00 Benefits of using Celestia for modular DA
10:52 Addressing ZK applications’ specific needs
14:26 Examples of ZK use cases that benefit end users
17:46 Modular vs. monolithic debate: why is modularity better?
24:13 New Paradigm: a yield-bearing L2
27:54 “It’s time to ditch other L2s”
29:38 Crypto as the enabler of a borderless global economy
34:16 Manta Pacific’s economic model
37:11 Value accrual
38:50 The role of the MANTA token
40:00 Reflection on Manta’s recent funding round
44:29 The team behind Manta Network
45:29 The metrics and KPIs Manta uses to measure success
47:10 Current challenges
49:23 Performance review of Manta Pacific’s first three months on mainnet
52:09 Looking forward: upcoming features and milestones
Manta Network: https://manta.network/
New Paradigm: https://newparadigm.manta.network/
Kenny on X: / superanonymousk
Manta on X: / mantanetwork
Manta Pacific on Token Terminal
The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
Stay in the loop
Join our mailing list to get the latest insights!
Continue reading
- Introducing Token Terminal Studio: Industry-Leading Tools for Custom Onchain Analysis
Introducing Token Terminal Studio: Industry-Leading Tools for Custom Onchain Analysis
We’re excited to introduce Token Terminal Studio, a suite of industry-leading tools designed to enable analysts to easily create custom analysis by leveraging the data that’s available on Token Terminal.
- Introducing Token Terminal Sheets: Access Onchain Data in Your Spreadsheet
Introducing Token Terminal Sheets: Access Onchain Data in Your Spreadsheet
We’re excited to introduce Token Terminal Sheets, a Google Sheets & Microsoft Excel plug-in that makes all Token Terminal datasets accessible within analysts’ spreadsheet workflows, and frees up more time for research and insight generation.
- Why running nodes is more messed up than you think
Why running nodes is more messed up than you think
Getting nodes to run reliably isn’t just about following a guide and hoping for the best. From syncing with the network to setting up the right infrastructure, each step holds hidden headaches that can easily drain teams of their time and patience.