Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023 – Technology Bitcoin News

United States News News

Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023 – Technology Bitcoin News
United States Latest News,United States Headlines
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

According to members of the Bitdao team, the Mantle layer two public testnet is scheduled to release in 2023.

, according to deepdao.io data. As far as Mantle is concerned, Bitdao explained in a press release sent to Bitcoin.com News that the technology is the first “L2 solution to combine modular architecture with the security and decentralized features of the Ethereum blockchain.

Mantle is Bitdao’s demonstration to scale Ethereum and Web3, enabling a whole new generation of use cases and innovations. Mantle aims to offer “low gas fees” and faster transaction speeds, alongside a “next-generation network design,” the Bitdao collective says. Further, it will be the first network to adopt, an Ethereum Improvement Proposal that defines two new opcodes and extends smart contract functionality and meta-transactions.

Mantle is not the only L2 scaling solution that has been brought to the table in 2022, as there’s a whole slew of L2 products these days. This includes L2 scaling solutions such as Loopring, Immutable X, Zksync, Arbitrum, Optimism, and Polygon’s Hermez . Bitdao details that alongside a comprehensive incentive program, Bitdao aims to have the Mantle public testnet ready to “go live in 2023.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BTCTN /  🏆 531. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Consensus 2023 Presented by CoinDesk | April 26-28, 2023Consensus 2023 Presented by CoinDesk | April 26-28, 2023There's still time to take advantage of our CyberMonday deal and grab your free passes to Consensus2023 👉
Read more »

BitDAO launches modular Ethereum Layer 2 network MantleBitDAO launches modular Ethereum Layer 2 network MantleBitDAO says Mantle is the DAO’s attempt to shift the focus back to Ethereum while solving problems facing Layer 2 networks.
Read more »

Lordstown EV Trucks Begin to Arrive, but How Many More Will Be Made in 2023?Lordstown EV Trucks Begin to Arrive, but How Many More Will Be Made in 2023?Lordstown Motors delivers the first batch of Endurance pickups, but it's not exactly rushing to build a lot more.
Read more »

RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023: Reuters pollRBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023: Reuters pollThe Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December, according to economists polled by Reuters who expect another modest move up early next year to curb lingering inflation pressures.
Read more »

The Coolest Restaurants To Eat At In 2023The Coolest Restaurants To Eat At In 2023From the Dolomites to Bangkok to Philadelphia, these are the restaurants that are winning over food lovers, critics and experts right now,
Read more »

Predicting Notre Dame football's final 2023 recruiting class
Read more »



Render Time: 2025-02-16 09:33:57