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Manta Pacific Enhances Cost Efficiency by Adopting Celestia’s Solution for Reduced Transaction Fees

Manta Pacific Enhances Cost Efficiency by Adopting Celestia’s Solution for Reduced Transaction Fees

Celestia’s Advanced Data Availability Solution Integrated by Manta Pacific

Manta Pacific, a prominent Layer 2 blockchain, has recently announced its strategic move to integrate Celestia’s advanced modular data availability solution. This significant step is aimed at reducing transaction fees for its users, marking a noteworthy development in the blockchain technology sector. Kenny Li, co-founder and core contributor at Manta Network, expressed enthusiasm about this upgrade, emphasizing the enhanced cost-effectiveness and security that Celestia’s solution will bring to Manta Pacific.

Celestia’s Data Handling

At the heart of this integration lies Celestia’s innovative data availability sampling. This mechanism allows light nodes on the network to verify block data without the need to download the entire data set. Such an approach not only streamlines the verification process but also substantially reduces the data handling burden on the network, contributing to lower transaction costs and improved overall efficiency.

Growing Trend Among Blockchain Projects

Manta Pacific is not alone in recognizing the benefits of Celestia’s technology. Other leading rollup projects, including Polygon Labs and Arbitrum, have also moved to incorporate Celestia’s data availability solution. These integrations, particularly with Polygon Labs’ chain development kit and Arbitrum’s Orbit stack, indicate a growing trend among blockchain projects to seek more efficient and cost-effective solutions for their Layer 2 networks.

Since its mainnet launch in September, Manta Pacific has witnessed impressive growth, reaching a total value locked of $18 million in just over two months. This rapid expansion is supported by significant industry investment, with p0x labs, the developer behind Manta Pacific, securing $25 million in funding this July led by Polychain Capital. Such robust financial backing and rapid growth underscore the market’s confidence in Manta Pacific’s vision and technological prowess.

Manta Pacific’s decision to adopt Celestia’s data availability solution marks a significant step towards more efficient and cost-effective blockchain operations. This move not only benefits Manta Pacific’s users but also sets a precedent for other blockchain projects striving for enhanced performance and lower operational costs.

Hot Take: Manta Pacific Enhances Efficiency and Cost-Effectiveness with Celestia Integration

Manta Pacific’s integration of Celestia’s advanced data availability solution is a game-changer for the blockchain industry. By reducing transaction fees and improving overall efficiency, this integration sets a new standard for cost-effective blockchain operations. With other leading projects also recognizing the benefits of Celestia’s technology, it is clear that the trend towards more efficient Layer 2 networks is gaining momentum. The impressive growth and significant investment in Manta Pacific further validate its vision and highlight the market’s confidence in its capabilities. As blockchain projects continue to seek enhanced performance, Manta Pacific’s strategic move paves the way for a more streamlined and economically viable future.

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Manta Pacific Enhances Cost Efficiency by Adopting Celestia’s Solution for Reduced Transaction Fees