Product Details
Product Description
What is Mantle?
Mantle Network (MNT) is an Ethereum Virtual Machine (EVM) compatible Layer 2 (L2) scaling solution that stands out among Ethereum Layer 2 solutions for its impressive speed and cost-effective transaction fees.
Mantle was originally an L2 network project incubated and managed by the original BitDAO. In May 2023, Mantle officially became an independent brand and completed the brand merger with the original incubator. The Mantle Treasury manages assets worth about US$3.2 billion, mainly composed of BIT, MNT, ETH, USDC, and USDT. The initial supporters include cryptocurrency exchange Bybit, venture capitalist Peter Thiel, Dragonfly, Pantera Capital, and Polygon.
From the historical background, it can be seen that Mantle has the support of a large-scale DAO treasury, carrying the vision of supporting DeFi and decentralized tokenized economy, and both motivation and resources are very strong.
What are the advantages of Mantle?
The core of Mantle is built using Optimistic rollup, combined with EigerLayer using a modular DA layer, and introducing the TSS threshold signature scheme for network node management, thereby improving TPS and reducing fees.
According to the official website, Mantle transaction fees are 80% lower than Ethereum, and the network can achieve 20 times more transaction throughput (500 transactions per second, compared to Ethereum's 25 transactions per second).
What is MNT?
The $MNT token has a dual role in the Mantle ecosystem: it is both a governance token and a utility token, i.e., a gas fee. $MNT holders can participate in ecosystem governance by holding tokens, and can also use tokens to complete various interactions in the ecosystem. With the passage of the two proposals BIP-21 (branded as Mantle) and MIP-22 (Mantle token design), $MNT becomes the new governance token.
What is the Mantle Testnet?
The Mantle Sepolia testnet (V2) has been officially launched. As a Layer 2 expansion solution for Ethereum, it focuses on improving the performance and scalability of decentralized applications (dApps). The testnet introduces Ethereum validators into the transaction processing process by using optimistic rollups technology to ensure security and efficiency.
Key features include:
- Reduced Gas Fees: Through Ethereum's second-layer solution, users can enjoy significantly reduced transaction costs.
- Modular architecture: Mantle Sepolia testnet separates execution, consensus and data availability, optimizes on-chain operations, uses Mantle data availability (DA), and combines EigenDA technology provided by EigenLayer to achieve cost savings of up to 90%.
- Developer-friendly: Mantle provides an environment compatible with the Ethereum Virtual Machine (EVM), where developers can build and deploy dApps with minimal modifications.
- The release of this testnet not only improves network performance, but also provides a low-cost and efficient testing venue for developers and users.
Mantle Sepolia Configuration Information
- Network Name: Mantle Sepolia Testnet
- RPC Address: https://rpc.sepolia.mantle.xyz/
- Chain ID: 50003
- Currency Symbol: MNT
- Block Explorer URL: https://explorer.sepolia.mantle.xyz/
Interacting with the Mantle Sepolia testnet requires MNT tokens. You can currently collect them from Sepolia cross-chain or faucet. Of course, you can also place an order to purchase.
1MNT/0.25USDT, minimum purchase of 4 per order, no refund after sale
After placing an order, contact Telegram customer service: @bisells to receive the test coins
If the demand is high, there will be discounts. Please contact customer service to discuss the price.
This order is shipped manually, working hours: 10:00 am to 24:00 pm(UTC+8)
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