{"id":178496,"date":"2023-07-17T13:39:03","date_gmt":"2023-07-17T13:39:03","guid":{"rendered":"https:\/\/precoinnews.com\/?p=178496"},"modified":"2023-07-17T13:39:03","modified_gmt":"2023-07-17T13:39:03","slug":"l2-network-mantle-introduces-mainnet-alpha-with-modular-design-for-easy-upgrades-and-security","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/blockchain\/l2-network-mantle-introduces-mainnet-alpha-with-modular-design-for-easy-upgrades-and-security\/","title":{"rendered":"L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2023\/07\/L2-Network-Mantle-Introduces-Mainnet-Alpha-With-Modular-Design-For-Easy-Upgrades-And-Security-770x402.jpg\"><img alt='Naga' src='https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/12\/cropped-IMG-6187-1-50x50.jpg\"><\/p>\n<ul>\n<li>Mantle\u2019s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates.<\/li>\n<li>The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said.<\/li>\n<li>The team announced its mainnet alpha at the EthCC in Paris today.<\/li>\n<li>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.<\/li>\n<\/ul>\n<p>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. <\/p>\n<p>Today&#8217;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 &#8211; support from BitDAO&#8217;s $2.4 billion strong treasury and added decentralization through the DAO&#8217;s governance system. <\/p>\n<p>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. <\/p>\n<h2>Mantle&#8217;s Modular Masterpiece<\/h2>\n<p>Notably, Mantle&#8217;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. <\/p>\n<p>The goal, Mantle&#8217;s team said, is to provide users with low-cost transactions and a high-performance network that taps Ethereum&#8217;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. <\/p>\n<p>As this burgeoning space sizzles on the eve of \u2018L2 Summer\u2019, the agility enabled by Mantle Network&#8217;s adaptive and iterative design will keep it at the bleeding edge of the latest technological breakthroughs for years to come<\/p>\n<p>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. <\/p>\n<p>Several well-known venture firms contributed to the fund including Animoca Ventures, Hashkey Capital, and Pantera Capital. <\/p>\n<p>Source: <a href=\"https:\/\/en.ethereumworldnews.com\/l2-mantle-mainnet-alpha-modular-design\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":178495,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/blockchain\/l2-network-mantle-introduces-mainnet-alpha-with-modular-design-for-easy-upgrades-and-security\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security - 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