Skip to content
  • Home
  • World News
  • Business
  • Aviation
  • Military
  • Lifestyle
  • Real Estate
  • Auto
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Military
  • Lifestyle
  • Real Estate
  • Auto
  • Toggle search form
  • Secretary Blinken’s Call with Romanian Foreign Minister Aurescu World News
  • South Indian famous film actress Vanisri bio and film profile | Gossip Adda Lifestyle
  • Midwest Institute for Non-Surgical Therapy (MINT) Introduces New Therapy to Treat Men With Enlarged Prostates Business
  • EB5AN Announces I-829 Approvals for Investors, Joins Elite Group of EB-5 Investment Fund Managers Real Estate
  • Aqaba Joint Communique – United States Department of State World News
  • The Fed should not vary interest rates from normal levels, says author Nassim Taleb World News
  • War Day 289: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Violet Defense Receiving Accreditation From American Institute of Architects Lifestyle

MantaPay Launches on Calamari Network

Posted on March 16, 2023 By NewsEditor
MantaPay Launches on Calamari Network
MantaPay Launch on Calamari

MantaPay provides fully private on-chain transactions for the web3 ecosystem, using zero-knowledge proofs.

SINGAPORE, March 16, 2023 (Newswire.com) - After the failure of big banks, people witnessed the limitations of trust with the existing financial system. Now more than ever marks an important time to empower users to store and access their funds in a non-custodial and private manner through web3. Therefore, Manta Network is excited to make this impact through the launch of MantaPay on Calamari.

After years of building and testing, rounds of community feedback reviews, and updates on cryptographic optimization and frontend design, the product is ready to release to the web3 world, starting within the Kusama ecosystem. Manta witnessed over 150,000+ private transactions take place on the testnet, and thousands of pieces of valuable feedback were provided to help improve the MantaPay product before its launch. To celebrate this launch, Manta will announce a series of early user opportunities, activities, airdrops, and other incentivized programs that will help drive the adoption of on-chain privacy. 

To get started with MantaPay, two tools are required:

  1. The Manta Signer. It's a desktop application that protects spending secrets and builds zero-knowledge proofs (ZKP). It allows users to send and receive private assets, aka zkAssets. In the future, MantaPay is releasing an extension wallet application that will have Manta Signer natively integrated.
  2. A wallet application such as Polkadot.js, SubWallet or Talisman. This wallet application allows users to store public assets and transfer them to become zkAssets on MantaPay.

Once ready, head over to the MantaPay app and follow the instructions here.

 MantaPay supports various cryptoassets on its private payment system:

  1. Calamari Token (KMA)
  2. Kusama Token (KSM)
  3. Karura Token (KAR)
  4. Moonriver Token (MOVR)
  5. More cryptoassets will be added

In a proactive stance to address regulatory ambiguity, MantaPay doesn't support users within specific regions, including the U.S., China, Iran, Cuba, North Korea, Syria, Myanmar (Burma), the regions of Crimea, Donetsk or Luhansk. Only users in certain jurisdictions can access the application.

Why MantaPay

MantaPay uses ZKP to guarantee that transfers are carried out in accordance with a structured protocol called "circuit" while maintaining the privacy of sensitive data.

The sensitive information acts as a witness in a ZKP system rather than publishing directly on-chain, ensuring the protocol is maintained correctly and no private data is leaked. The ledger then tests the resulting ZKP's verify function against the inputs from the public and, if it succeeds, publishes the transaction. MantaPay has optimized this entire process for the ZK circuit generation and verification. 

MantaPay leverages the Poseidon hash to deliver the fastest prover speed of any layer one network, allowing users to generate a ZKP in around 2 seconds. The protocol uses a bring-your-own-token model, which allows privatization of various fungible and non-fungible tokens. It provides a permanent and reusable private address system, zkAddresses, to provide users with the convenience of a wallet interface and privacy through ZKP.

About Manta Network

Manta Network is the zk layer 1 blockchain with the fastest prover speed and most decentralized trusted setup that brings programmable privacy to web3. Its suite of core products and technologies, including zkNFTs and MantaPay, offers user-friendly access to powerful ZK-enabled use cases. The project is created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. The team began its research on Zero Knowledge Proof in 2019 during a cross-border payment research project under the MIT Digital Currency Initiative with the Monetary Authority of Singapore. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of privacy-focused web3 applications.

Contact Information:
Elaine Wang
Global PR Director
[email protected]


Original Source: MantaPay Launches on Calamari Network

The post MantaPay Launches on Calamari Network first appeared on Social Gov.

Business

Post navigation

Previous Post: War Day 306: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
Next Post: Deputy Secretary Sherman’s Meeting with Belgian Foreign Minister Lahbib

Related Posts

  • Countdown to 2030 – Here is What Needs to Be Done to Realize Green Development and Create More Jobs in the US Business
  • New Podcast From ElectricRates.com, the Electric Rates Customer Experience Podcast Business
  • Chemical Computing Group and Discngine Join Forces Business
  • TODAY: Gb Sciences’ President Demonstrates Benefits of AI-Enabled Drug Discovery Engine for Novel Plant-Inspired Pharmaceuticals at 10th Annual Drug Discovery Strategic Summit Business
  • AUVSI and ASMC Collaborate to Support PPBE Reform Business
  • Crenshaw: Uvalde law enforcement tactical response was ‘heartbreaking’ Business
March 2023
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Feb    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Day 162 – Latynina.tv – Alexey ArestovychMarch 22, 2023
  • 6-Time Mr. Olympia Dorian Yates Acquires MedXMarch 22, 2023
  • War Day 164: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #FeyginMarch 22, 2023
  • Frownies, Industry Leader in Beauty and Skincare, Shares the Secret to Centuries of Success in Celebration of Women’s History MonthMarch 22, 2023
  • TOMMISMART Launches Revolutionary Video Creation Tool for Pet Owners and Content CreatorsMarch 22, 2023
how to promote press release
VUGA Enterprises - media group PR & Marketing
  • Wind Energy Market to Reach Valuation of USD 167.15 Billion and growing at CAGR of 7.1% by 2027 Energy
  • WAMC Receives Honors in the Journalists Association of New York 2022 Broadcast Contest Business
  • Commercial Aircraft Global Market Estimated To Grow At 14% Rate Military
  • F45 Coral Way Celebrates Studio Grand Opening in Miami Lifestyle
  • Adani green energy share price target || Adani green energy share news today16/05/2022 Energy
  • Who Is Mr.Putin – Putinism v01: The Story of a Dictator. Mobutu Sese Seko World News
  • NYS Inspector General and Navy SEAL to Speak at NYACT Conference for Law Enforcement and Insurance Professionals Business
  • University of Virginia- Darden School of Business, Boston University, University of Regina Release Research: News From Artificial Intelligence is Believed Less Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195News.

| Part of VUGA Media Group | Fair Use | Terms of Use | Get Published