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Multiple data availability framework has been launched by Manta Pacific for Layer 2 Blockchains. 🚀

Multiple data availability framework has been launched by Manta Pacific for Layer 2 Blockchains. 🚀

Introducing Manta Pacific’s MultiDA Framework

Manta Pacific, the first native layer 2 (L2) modular blockchain of Manta Network, has launched an innovative Multiple Data Availability (MultiDA) framework. This framework incorporates data availability solutions from seven industry-leading providers, including Celestia, EigenDA, NEAR’s Nuffle Labs, Avail, 0G, Nubit, and Dill. The goal of the MultiDA strategy is to enhance network uptime, security, and user experience by dynamically selecting the optimal data availability solution based on various factors.

Enhancing Network Performance and User Experience

  • Manta Pacific aims to improve network uptime and security
    • The MultiDA framework dynamically selects the best data availability solution
    • This approach optimizes transaction costs and ensures a consistent user experience
  • Modular approach allows continuous improvement without downtime for developers and users
  • Flexible framework to meet the growing demand for onchain resources by Web3 users

Kenny Li, Co-Founder and Core Contributor of Manta Network, highlighted the importance of this new framework, emphasizing the commitment to innovation and setting new standards for the industry. Through the integration of Celestia’s data availability layer and the implementation of the MultiDA strategy, Manta Pacific has saved users over $5 million, solidifying its position as a leader in providing superior L2 user experiences.

Industry Collaboration and Milestones

  • Nuffle Labs CEO, Altan Tutar, excited about the collaboration with Manta Pacific
    • Utilizing NEAR DA as part of the MultiDA strategy
    • Boosting rollup scalability for more powerful decentralized applications
  • Global Business Lead at Avail, Kyle Rojas, acknowledges the potential impact of the development
    • Enhancing network robustness and scalability with multiple DA solutions
  • Manta Pacific has achieved significant milestones since its launch
    • Over 27 million transactions processed
    • Community of 1.1 million active users
    • Deployment of 279 projects

Expanding Opportunities and EcoFund Support

  • Manta Foundation launches a $50 million EcoFund to support early-stage projects
    • Transforming the onchain landscape globally
  • Manta offers expanded yield opportunities with access to Mountain Protocol’s wUSDM
    • Backed by BlackRock’s BUIDL Fund for real-world asset integration

Hot Take: Embracing Innovation in Blockchain Technology

Manta Pacific’s introduction of the MultiDA framework signifies a significant step towards enhancing network performance, security, and user experience in the blockchain industry. By collaborating with leading data availability providers and implementing a flexible and dynamic approach, Manta Pacific is setting new standards for L2 blockchain performance. The achievements and milestones attained by Manta Pacific further solidify its position as a pioneering force in the blockchain ecosystem, with a commitment to continuous innovation and improvement.

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Multiple data availability framework has been launched by Manta Pacific for Layer 2 Blockchains. 🚀