Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network
Quick Take Layer 2 Manta Pacific has adopted Celestia’s modular data availability solution to reduce transaction fees.
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.
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.
You may also like
Ripple and Archax Launch World’s First Tokenized Money Market Fund on XRP Ledger
Valhalla mainnet launch postponed, Floki cites auditors’ feedback
Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program