Friday, January 10, 2025

Manta Pacific Enhances Cryptoeconomic Security with Symbiotic Integration

Share

KEY TAKEAWAYS

  • Manta Pacific enhances cryptoeconomic security by integrating with Symbiotic, promising faster transaction finality.
  • The integration reduces transaction confirmation time from three days to minutes, improving user experience on Manta Pacific.
  • Users can contribute to network security by restaking $MANTA, a first for any OP Stack deployment.
  • Manta Network’s collaboration with Symbiotic highlights its commitment to adopting cutting-edge technologies.

Manta Pacific is set to enhance its cryptoeconomic security through a new integration with Symbiotic, a move that promises faster transaction finality. This development will see Manta Pacific’s fast finality secured by restaking its native token, $MANTA. The collaboration aims to bring improved convenience and security to Manta Pacific, the largest modular Layer 2 (L2) on Ethereum.

Fast finality is expected to significantly enhance the user experience on Manta Pacific by reducing the time required for transaction confirmations. As an Optimistic Rollup, Manta Pacific currently requires a three-day challenge period before confirming transactions through its native bridge. The integration with Symbiotic will allow this period to be shortened to mere minutes, enabling quicker cross-chain communication and near-instant withdrawals for users.

How Fast Finality Works

The fast finality feature leverages Symbiotic’s flexible vault system to manage and determine operators’ stakes. Operators are required to commit to block finality, and the reliability of these commitments is calculated to ensure security. By using an additional layer of cryptoeconomic stake, transactions can be finalized more swiftly.

Upon completion of the rollout to the mainnet, users will have the opportunity to contribute to the new cryptoeconomic security system by restaking $MANTA. This restaking functionality is the first of its kind on any OP Stack deployment, highlighting Manta Network’s commitment to adopting emerging technologies that enhance user experience.

Pre-Staking and Future Integrations

Starting today, users can begin pre-staking $MANTA to help secure the network. This initiative is part of a broader suite of modular services enabled through Manta Pacific. Previous integrations, such as Celestia for data availability and gas rebate enablement, demonstrate Manta Pacific’s flexible modular architecture.

Manta Network’s collaboration with Symbiotic was announced here, emphasizing the network’s focus on integrating cutting-edge technologies to improve user experience.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

Read more

Related Articles