Polychain-backed Manta launches Pacific Layer 2 on mainnet

Manta Network announced the mainnet launch of Manta Pacific, its Layer 2 blockchain that allows the development of zero-knowledge-enabled apps. The move follows a testnet phase that saw participation from more than 150,000 wallet addresses.

In July, the development team behind Manta Network, p0x labs, raised $25 million in a Series A funding round led Polychain Capital.

The Pacific Layer 2 network has been developed using a modified version of Optimism’s OP Stack by a project called Caldera. It also utilizes data availability solution by Celestia to reduce data fees.

Manta concludes testnet phase

"Following a successful testnet phase, Manta Pacific will build on its strengths by leveraging Celestia’s data availability layer to deliver on-chain interactions at a fraction of the cost of other monolithic L1s and L2s," said Kenny Li, core contributor to Manta Network.

The Pacific network already hosts applications enabled with zero knowledge-circuits, including an on-chain game named zkHoldEm, a verified credential protocol called zkMe, and a data verification protocol known as zkPass.