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Wormhole Expands Its Interoperability Platform with Support for Mantle Network, an Innovative Ethereum Layer 2 (L2) Solution

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Release: 2024-06-20 20:07:40
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The integration aims to provide developers and users with an exceptional on-chain experience by combining high performance and low-cost execution with Ethereum's robust security framework.

Wormhole Expands Its Interoperability Platform with Support for Mantle Network, an Innovative Ethereum Layer 2 (L2) Solution

Wormhole, a renowned interoperability platform, has unveiled its support for Mantle Network, an innovative Ethereum Layer 2 (L2) solution. This integration is set to empower developers and users with an exceptional on-chain experience, boasting high performance, low-cost execution, and the seamless integration of Ethereum's robust security framework, as stated by Wormhole.

Delving into Mantle Network

Mantle Network is an Ethereum Layer 2 solution meticulously crafted to deliver a high-performance, low-cost EVM (Ethereum Virtual Machine) environment. Through its unique modular architecture, Mantle aims to achieve strong security guarantees. The network seamlessly integrates with optimistic rollup technology and a specialized data availability layer known as Mantle DA, powered by EigenDA technology.

Unveiling the Inner Workings of Mantle Network

Mantle Network essentially operates as a rollup, utilizing Ethereum validators and consensus protocols to validate transactions. Its modular architecture ingeniously separates execution (Mantle L2), consensus and settlement (Ethereum), and data availability (Mantle DA) into distinct layers for optimal efficiency.

Exploring the Benefits of Mantle Network

Developers and users alike can capitalize on several key benefits when utilizing Mantle Network:

Effortless integration into any EVM-compatible application or chain

Access to a vast ecosystem of applications and assets on Ethereum

Ability to leverage optimistic rollups for high throughput and low transaction costs

Enjoy the added assurance of strong security guarantees, thanks to Ethereum's battle-tested consensus protocols

Steps to Transfer Assets to or from Mantle Network

For those seeking to bridge assets from any of Wormhole’s 30+ connected blockchains to or from Mantle Network, the Portal Bridge can be utilized by following these simple steps:

Navigate to the Wormhole Portal Bridgeはこちらから.

Select the desired "From" and "To" chains (e.g., Solana and Mantle Network).

Input the amount of assets you wish to transfer and specify the recipient address on the "To" chain.

After thoroughly reviewing the transaction details, complete the bridging process by clicking on "Send Tokens."

Integrating Your App with Mantle Network

Developers seeking to enable token transfers to and from Mantle Network can effortlessly achieve this in just three lines of code using Wormhole Connect. This invaluable tool empowers developers to integrate wrapped and native token transfers directly into their application UIs, facilitating seamless bridging across Wormhole’s 30+ connected blockchains, including Mantle Network, all secured by the Wormhole Guardians.

To begin integrating Connect and enabling your application on Mantle Network, developers can visit the NPM package to get started.

A Closer Look at Wormhole

Wormhole is a decentralized interoperability protocol that seamlessly connects blockchains, enabling fast and secure cross-chain communication and value transfer. As a leading solution for cross-chain applications and multichain composability, Wormhole powers a wide range of use cases, including DeFi, NFTs, governance, and more, across 30+ major blockchain networks. Trusted by teams like Circle and Uniswap, Wormhole has processed over $40 billion in cross-chain transactions, boasting over 1 billion cross-chain messages and paving the way for boundless Web3 innovation.

News source:https://www.kdj.com/cryptocurrencies-news/articles/wormhole-expands-interoperability-platform-support-mantle-network-innovative-ethereum-layer-l-solution.html

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source:kdj.com
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