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Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup With Succinct’s SP1
- Mantle Network is transitioning to a zero-knowledge (ZK) validity rollup through an alliance with Succinct.
- Mantle Network is an Ethereum layer 2 known for its modular design and data solutions through EigenDA.
- The network has grown to become a top 5 L2 by TVL with $2.2 billion since its launch on July 7, 2023.
- With the integration of ZK validity rollup technology, Mantle Network aims to create liquidity chain for institutional-grade settlements.
- The network will launch a testnet in Q1 2025 with intention towards the mainnet upgrade.
- The rollup will provide fast institutional-grade asset settlements that support capital efficiency opportunities in traditional finance and the blockchain industry.
- The integration of Succinct's SP1 offers fast finality, cost efficiency, EVM equivalence, and enables a multi-chain future.
- The transition enhances Mantle Network's commitment to Ethereum's decentralized security model as an ETH-aligned Layer 2.
- Mantle Network is poised to be a future-ready L2 chain as a native ZK rollup.
- Succinct's SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation.
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