Ethereum Layer 2 blockchain Mantle Network launches mainnet alpha
Ethereum Layer 2 blockchain Mantle Network has officially launched its mainnet alpha at the Ethereum Community Conference (EthCC) in Paris. The launch follows six months of development and testing, during which the network processed over 14 million on-chain transactions. Mantle is now backed by one of the largest treasuries in crypto, worth over $2.4 billion, following its merger with BitDAO.
Main breakdowns:
- Mantle Network takes a modular chain approach, separating execution, data availability, consensus, and settlement into distinct layers.
- Mantle’s modular architecture and Optimistic Rollup design combine high performance with low costs while retaining Ethereum’s decentralization and security.
- Mantle’s design allows for swift upgrades by swapping modular components, potentially enabling the adoption of the latest Ethereum improvements.
- Mantle’s mainnet alpha launches with partners including Game7, HyperPlay, EduDAO, Ankr, Bullieverse, Covalent, LayerZero, and The Graph.
- Mantle’s DAO-led ecosystem fund, in collaboration with venture partners, supports the development of early-stage dApps on Ethereum Layer 2.
Hot Take:
Mantle Network’s launch of its mainnet alpha marks an important milestone in the development of Ethereum Layer 2 solutions. With its modular approach and strong backing, Mantle has the potential to play a significant role in scaling Ethereum and enabling advanced applications without high fees. As the L2 landscape heats up, Mantle’s adaptive and iterative design positions it at the forefront of technological breakthroughs in the space.
By
By
By
By