Mantle Community (MNT) is a new and fast blockchain technology, which works closely with Ethereum. This provides a better and cheaper experience to network developers and users. Mantle aims to make blockchain technology more accessible and effective, so that financial activities can be further simplified. It is designed for a modular architecture and fast transactions.
What is Mantle Community (MNT)?
Mantle Community (MNT) is a new and emerging blockchain era, which works closely with Etreum Community. This network is fast, affordable and more scalable, providing a better and more user friendly platform for blockchain apps and developers. Mantle Community aims to make blockchain technology more accessible and effective, making financial activities simplified. If you want to know in detail about blockchain What are blockchain Read the blog.
The purpose of mantle community
The main objective of Mantle Community is to make blockchain technology simple and affordable. This tries to provide fast transactions and low cost while maintaining the safety benefits of Ethereum. It has been designed in such a way that the speed of the network can be increased by maintaining the security and dysentery of Etreum.
The main features of Mantle Community
-
Fast and cheap: The Mantle Community is designed in such a way that it completes the transaction faster and in low cost. Due to this, both developers and users get better experience.
-
Modular architecture: The modular architecture of the mantle communication increases its speed and efficiency. It distributes work into different parts, making the system more skilled and effective.
-
Developer-Freedley: Mantle Community is similar to Etreum and is compatible with EVM (Etreum Digital Device). This allows developers to bring their existing Etreum Apps to Mantle without any major changes.
-
Price reduced data storing: Traditional blockchain network stores data on the main chain, causing high cost and slideown problems. Mantle provides its solution as ‘modular data availability’, which reduces the cost by 90%. Mantle value Go to the link given to know.
Mantle Community Products and their purpose
Mantle Community has many major products, through which it is building financial services. Some of these major products are:
-
Mantle communication: It is the main product of Mantle that combines various developer tools and protocols together, so that blockchain based financial services can be provided easily.
-
meth protocol: It ensures mutual dependence between Ethereum and Mantle Community, making both networks more simple and effective.
-
FBTC: This is another protocol that integrates Bitcoin on Mantle Community, which can give Bitcoin Holders more liquidity and services.
Mantle Community token – MNT
The native token of Mantle Community is MNT, which is used for all important functions of the network. The main functions for using MNT are:
-
Governance: MNT token holders can participate in the decisions of the network, giving them a chance to give their opinion on significant changes and decisions.
-
Stating: By stake to MNT Token, users can help in protecting the network and get prizes.
-
Transaction fees: MNT is used as transaction fees.
The total supply of MNT Token is 7.5 billion, which is divided into various categories.
-
40% ecosystem incore
-
25% community Treasury
-
20% core contributor
-
15% starting backs
Mantle Community Security
Mantle Community takes its safety seriously. It uses protocols such as eigenlayer, partnership with Ethereum, making the availability of data more secure and effective. Mantle’s rollup architecture helps it take advantage of the safety benefits of Ethereum.
Extension of mantle ecosystem
Mantle Community is not only a blockchain network, but it is a complete ecosystem that works closely with various partners and associates. Mantle Grants inkrees Mantle Builders and Innovators through programs like Program and Mantle Ecofund. The Mantle Community has so far raised a capital of $ 200 million, which aims to support new projects and add them to ecosystem.
Mantle Community Roadmap
Mantle Community has already fixed many important milestones, such as Mainnet Foundation and MNT Token. Now, Mantle’s target is to expand your ecosystem through the Defi Protocol, NFT platform and partnership with gaming packages. In addition, the Mantle Community will also ensure better scaling solution, better cross-chain interoperability and safety.
Conclusion
Mantle Community is a very innovative and user-friendly blockchain network that works closely with Ethereum. Its modular architecture, affordable and fast transactions and safety features make it different from other networks. Mantle aims to make the financial world more accessible and transparent. Along with this, it brings new opportunities for developers and innovators, which will increase the use of blockchain technology and cryptocurrency in the coming times.
