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Mantle Network Becomes Largest ZK Rollup After Major Upgrade
Mantle Network recently has also done a significant upgrade of its mainnet. It is a great advancement. It has currently embraced the utilization of OP Succinct technology, which is also quicker and more reliable to utilize in the blockchain transactions. Additionally, has made Mantle the largest TVL ZK Rollup in the world. It is worth over two billion dollars.
What Is OP Succinct?
Another technology that helps to verify transactions is fast and does not require a lot of computing power is OP Succinct. It makes the whole process easier and simpler. Such technology will see that Mantle Network will not waste a significant amount of time and relevant procedures verifying transactions. It makes the network secure and fast forward.
Mantle started planning to utilize ZK Rollup technology last year. This upgrade therefore proves the fact that this plan is comprehensive. It makes Mantle one of the top networks of DeFi (decentralized finance) and reality projects. Mantle is currently offering individuals and companies with the capability to manage digital cash and other tangible assets safely.
What’s Next for Mantle?
This upgrade would make Mantle Network a Liquidity Chain. This means that it is interested in combining conventional financial service offerings with the blockchain technology. It is used at the moment in such projects as liquid ETH staking and wrapped Bitcoin. The upgrade also allows Mantle to handle lots of transactions within a relatively limited amount of time far exceeding the Ethereum base layer. Experts say that Mantle’s use of OP Succinet is efficient and smart.
The incorporation of OP Succinct by Mantle is smart and according to many players in the blockchain community. It is well balanced in terms of speed and security. The huge TVL speaks volumes that many people trust Mantle. This would help it grow in future.