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

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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.”

 

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Going to be real hard to compete with Polygon's many L2s but competition is always good.

As the economy crisis keep rising,one needs to have different streams of income,a well detailed diversified investment portfolio in the financial markets is needed to survive and secure a profitable investment future,I wonder if viewers here are familiar with Crypto_OReilly

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BitDAO 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. BitDAO_Official x 0xMantle With the help of ZkDAO (which BitDAO funded) i'm sure it's going to stand a top the ethereum scaling game. BitDAO_Official Will BitDAO governance voters be rewarded?
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