Modular ZK Layer 2 and adoption by Shubham Bhandari

Transcript

cool hello everyone so I'm shubam from Manta Network I'm the head of ecosystem just to give you my brief introduction so I've been in space since 2019 uh I've worked with some other chains like polygon mantle Network some gamei projects as well so currently I'm leading the ecosystem at Manta the current and today's topic is about the narrative Revolution because bull market is coming and everyone is thinking about all the recent narratives which are taking place or maybe that are taking a boom on the token structures as well so first starting with what is Manta Network so just to give you very brief about it so Manta is the first modular chain with the help of c as a data

availability uh we are a evm compatible chain with OP stack right now but soon we will be the first chain who will be moving from op stack to ZK with the help of cdks so uh this is like I think everyone has heard about like all of the recent chains coming together like what all things are going around like there are a lot of Bitcoin layer to evm layer to and how manai is different from that so we are one of the top op stack chain I think so we are on the third rank on the base of tvl uh on the op side apart from that we are the first chain who will be transiting on the infrastructure side from the uh op stack to ZK evm in future this is in quarter 4 this year apart from that even after the denen update

I'm we are still using celan which is quite cheaper than any other data availability right now and I think so there is no U data availability Fully live on any other chain okay uh the main topic about today which is about the landskip narrative which we are going to move forward and what man focused right now on so the first and the foremost is about the AI and deepin so if we have seen this narrative quite long uh like I think so all the deep in projects where started back in 2021 but it was not that famous that time but right now I've seen a lot of people coming together they are launching their tokens all the protocols like helium render F and many other Protocols are taking a hype right now so

the major reason behind that is about the a DP narrative which is followed by right now and all the projects who are currently working on this narrative they are quite getting hype on that particular side apart from that second and the uh like major one is about the lrts and lsts which is about liquid reaking or maybe native tokens liquid staking so that is one thing apart from that ZK has been into the space and also the narrative since last year and next is about modular which is again taking some hype so let's Deep dive into it so yep uh how Manta is powering Ai and de in narratives right now so this is about the Manta AI which we recently announced which was quite good uh it also gained

some traction on chain and stuff so there are few things like the the first question which everyone ask us about yeahi is a quite uh old technology but how blockchain is using them so the first question over here is like definitely AI can be used on three levels the first one is about the base level where the infrastructure comes into picture it can be regarding uh cost efficiency on Oracle part it can be regarding the infrastructure for opml or maybe in future zkl apart from that second can be on the defi narrative or maybe it can be relative to some DBS who are currently working so it can be related to some gaming protocols nfts everyone can use AI right now apart from that third can be about the AI toolkits

which are currently used by a lot of users so for example right now there are some chains who are not using solidity so they are using move they are using some other languages like rust and stuff so their codes can be easily used by this AI tool kit they can give them a new code for solidity and it can be easily developed a new product on a different chain with the different language within few seconds so that is the next thing and apart from that second uh like the major next Focus for us is about the scalable solution so for now it's very difficult for non-blockchain developer to work together to work on all these AI things or maybe on the dabs who are fully decentralized so AI can actually help them like just like any web2 users are

using right now charge GPD and stuff for making the things easy it can be regarding content it can be regarding grammatical and everything so that will be same thing which Manta is trying to CER with the help of developers so these are four things and apart from that like we recently announced some Partnerships with aura which was previously known as hyperb hyperoral second is hyperbolic and third one is Celestia so we are closely working with them to create this AI narrative next is the uh boosting of returns with liquid staking and liquid reaking so let's focus on liquid reaking because that's again gaining some hype with the help of igen layer or maybe it can be regarding the new recent launches

like ather fire buffer bedrock and Reno so uh as we are following the narrative so we recently announced man is taking Paradigm which is regarding all the tokens that can be stake directly through layer 2 which users don't have to go to the main net so for example all the liquid reaking things are done on the main net site because eth is natively on ethereum chain so what users can do is they can even if they hold some wrapped e or maybe normal eats on Manta they can easily use this product and they can gain some traction so this is some points why you should do liquid reaking or why you should use mantta for that so first is about uh ethery so if you guys are quite close to

the market you might have seen ethery have gained a lot of traction after the token launch they are providing like 2x points plus igen points buffer is providing some boosted points where we can see the token launch very soon apart from that Bedrock is providing 4X Point kelp is providing 2x point and these are some of the best liquid reaking protocols that are already live on Manta and they are quite working closely with us for the liquid reaking Paradigm okay uh next is about zero knowledge proof so I'm really sure like everyone knows about it and I don't have to go very brief into it but just to give you very brief like currently ZK has a lot of issues it can be regarding this scalability it can be regarding the transaction per second gas space

everything and maybe offchain data loading so um this was the reason why Manta initially started with OP stack so op has a good transaction base they have a good Community they have a good uh dap structures as well so it was quite easy for developers to easily go to a op stack chain rather than CK chain and it is also good for the gaming infrastructure easily because the gaming provides a lot of DPS and and stuff and I think so right now uh TPS of ZK is quite low so we are waiting for ZK to get more more and more faster more and more scalable and soon we are going to shift to that so before shifting to how and what we can do is first about the ZK

accelerator program so all the applications right now who are currently working on ZK or they are not working with ZK they can easily be a part of it so uh first let's talk about if you're not working on on the ZK side so uh if you have a Dap right now uh which is a defy application and you don't know how to create it on the ZK s side so our team has their own ZK circuits which can be used easily you can easily use the uh circuits to create a normal dap into ZK convert that application to ZK proof or maybe you can use their proofs as well apart from that if you're already working with fully onchain games or maybe ZK application so we happy to invite you to the Accel program so just

to give you very brief about it so it's by Manta Network powered by like Celestia polygon apart from that we have some mentors from polychain uh long hash uh 7 7x I guess and M 11 yep so these are some of the mentors for the accelerator program so again like why we should select this program and why we should work on the CK side so the first is about we are partnering with top Tio projects and top Partners into the ecosystem which is celan polygon we have 20 plus blockchain experts which are from polychain long hes figment and more we have access to 300 plus investors right now so if you are a part of accelator you can easily

be uh part of these experts and you can easily they can help you to raise they can help you with your future expectations as well and next is about Manta ecosystem so you will get the exposure to Manta ecosystem which we have around 231 projects right right now already live on the bainet side and finally is about the modular so when I started this page so it was about the how man is going to be modular or maybe why we are the first modular chain so initially Every Chain had their own specifications or maybe it was not scalable that time but right now as man is a layer two which is on evm initially but right now we are using Blobs of

Celestia so that's how like we are using the Technologies and current data availability to make Man Mod so maybe right now we don't require more data availability but in future we can require more we can get more data sets on off offchain and stuff so I think so that was the reason why we are called as modular chain sorry yeah so uh the reason behind this model stack was initially I mentioned ZK is quite expensive so we wanted to move to a data availability first so that whenever we go to ZK side we should have a offchain data storage where the gas

fees can be reduced uh yep so this is a quite brief introduction about our team we have covered like users from 100 areas team and regions like 15 Regional communities and they speak around 10 languages I'm sorry for that uh we have a tvl around 1.4 billion we are the fastest growing L2 in op star 16 million transactions done 200 projects done 971 soon million so this is a data about how much gas fees we have saved so since December

we have saved around 2.6 million in the gas f with the help of Celestia this is our team so we have around 65 people we are from our co-founders are from Harvard and massachusett these are some recent updates about us like as I mentioned few about ZK ACD rate liquid reaking a token launch which was listed on all the biggest exchanges on recent T data and definitely about the gas F which we have saved right now cool I think so that's it from my side thank you so much guys