{"id":158873,"date":"2023-12-18T15:34:19","date_gmt":"2023-12-18T15:34:19","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=158873"},"modified":"2023-12-18T15:34:28","modified_gmt":"2023-12-18T15:34:28","slug":"manta-pacific-adopts-celestias-modular-da-solution-for-reduced-transaction-fees","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/manta-pacific-adopts-celestias-modular-da-solution-for-reduced-transaction-fees\/","title":{"rendered":"Manta Pacific Adopts Celestia&#8217;s Modular DA Solution for Reduced Transaction Fees"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The Manta Pacific blockchain ecosystem has achieved a significant milestone <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">by <\/span><\/span><a href=\"https:\/\/mantanetwork.medium.com\/manta-pacific-becomes-first-ethereum-l2-using-celestia-as-modular-da-d29cafc37cdd\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">becoming<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> the first major <a href=\"https:\/\/crypto-economy.com\/what-is-ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> Layer 2 in implementing Celestia&#8217;s modular data availability solution<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This transition, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">aligned with its roadmap announced in October<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, marks a crucial step forward for Manta Pacific as it fully integrates Celestia into its network main.<\/span><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Modular DA is live on <a href=\"https:\/\/twitter.com\/hashtag\/MantaPacific?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#MantaPacific<\/a> with <a href=\"https:\/\/twitter.com\/CelestiaOrg?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@CelestiaOrg<\/a> underneath! <a href=\"https:\/\/t.co\/NZaCb11MNH\" target=\"_blank\">pic.twitter.com\/NZaCb11MNH<\/a><\/p>\n<p>&mdash; Manta Network (\ud83d\udd31,\ud83d\udd31) #MantaNewParadigm (@MantaNetwork) <a href=\"https:\/\/twitter.com\/MantaNetwork\/status\/1736751047601951089?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The adoption of Celestia&#8217;s data availability solution<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> aims to address the growing transaction volume and ever-increasing demand on the network. <\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This partnership will allow the ecosystem <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to handle expanding demand efficiently<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, while also using the revenue generated by the sequencers to finance goods and new growth initiatives in the ecosystem, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> thus driving the next wave of fully on-chain applications and use cases.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Kenny Li, co-founder and main contributor of Manta Network, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">highlighted the importance of this transition,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> emphasizing that the successful adoption of the Manta Network solution Celestia&#8217;s modular availability <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">will allow Manta Pacific to attract the next generation of users and cultivate the most active ecosystem on the <a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\">blockchain<\/a>.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Li highlighted the importance of a modular approach rather than a monolithic one,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> allowing Manta Pacific to remain adaptable and grow in tune with the ever-evolving web3 space.<\/span><\/span><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Manta Pacific achievements are not limited to this partnership alone<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">With <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">total value locked (TVL) reaching $65 million<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, the Manta Pacific ecosystem is in full bloom.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This transition to Celestia <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">is seen as a testament to the growing interest and relevance of the modular blockchain structure.<\/span><\/span><\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-158877\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Manta-Pacific.jpg\" alt=\"Manta Pacific Adopts Celestia's Modular DA Solution for Reduced Transaction Fees\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Manta-Pacific.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Manta-Pacific-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/12\/Manta-Pacific-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">By separating critical functions such as consensus, execution, and data availability into dedicated layers, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">scalability is achieved without compromising security and verification.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The integration of Celestia&#8217;s modular data availability solution into Manta Pacific <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">represents a crucial step towards greater scalability, reduced gas rates and the ability to meet the growing demand in its ecosystem.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This modular approach aligns with Manta Network&#8217;s broader vision of<\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> providing an adaptable and user-friendly environment<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> for zero-knowledge applications in the web3 space.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Manta Pacific blockchain ecosystem has achieved a significant milestone by becoming the first major Ethereum Layer 2 in implementing Celestia&#8217;s modular data availability solution.<\/p>\n","protected":false},"author":33,"featured_media":158876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[9885,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/158873"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=158873"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/158873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/158876"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=158873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=158873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=158873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}