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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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  • Coin Marketcaps
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  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

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    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

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    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    The Biggest Games Releasing in August 2025

    The Biggest Games Releasing in August 2025

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    Early Off the Grid Skin Holders Are Cashing In – Will You?

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    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

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  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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  • AI
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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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Home Ethereum

L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security

October 15, 2023
in Ethereum
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L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security
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  • Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates.
  • The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said.
  • The team announced its mainnet alpha at the EthCC in Paris today.
  • The mainnet also launched along with a $200 million ecosystem fund to support native projects after developers worked on the network for over six months.

Mantle, a layer 2 network built a-top the Ethereum blockchain, announced its mainnet alpha after developers worked on the chain in a test environment for six months.

Today’s launch which was announced at the Ethereum Community Conference (EthCC) in Paris comes after the protocol reached a merger deal with BitDAO. The agreement signaled two major developments for Mantle – support from BitDAO’s $2.4 billion strong treasury and added decentralization through the DAO’s governance system.

The team tested its modular design in a testnet for over half a year, processing more than 14 million transactions on its blockchain and solving bugs to mitigate future attacks or exploits. The mainnet alpha also passed several security audits, the team added.

Mantle’s Modular Masterpiece

Notably, Mantle’s blockchain design adopts a modular structure that would section on-chain activities like consensus, data availability, execution, and settlement into separate layers. This design steps away from the monolithic blockchain infrastructure which typically handles operations on a single layer.

See also  Ethereum at crucial $2.6k support - Can ETH bears beat the bulls?

The goal, Mantle’s team said, is to provide users with low-cost transactions and a high-performance network that taps Ethereum’s security model. Mantle strategic advisor Jordi Alexander noted that the modular approach will also allow the network to implement upgrades and onboard advancements pushed out by Ethereum developers.

As this burgeoning space sizzles on the eve of ‘L2 Summer’, the agility enabled by Mantle Network’s adaptive and iterative design will keep it at the bleeding edge of the latest technological breakthroughs for years to come

Along with its mainnet alpha launch, the Ethereum-compatible L2 network also unveiled a $200 million ecosystem fund approved by BitDAO. According to the announcement, the fund will back early-stage decentralized applications building solutions on the Mantle network.

Several well-known venture firms contributed to the fund including Animoca Ventures, Hashkey Capital, and Pantera Capital.

Source link

Tags: AlphaDesignEasyIntroducesMainnetMantleModularnetworkSecurityupgrades

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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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