The Price Prediction section provides background on bitcoin and selected altcoins including overview, founding history, current developments, features, price history, technical analysis and much more. Price predictions cover longer periods. Frequently asked questions are clarified at the end of each coverage.
Manta Network is a privacy-preserving decentralized finance (DeFi) platform built on the Substrate framework, aiming to be part of the Polkadot ecosystem. It focuses on delivering transaction privacy while maintaining high throughput and scalability.
Manta Network uses zero-knowledge proofs, a cryptographic method that allows one party to prove to another that they know a value, without revealing any information apart from the fact that they know that value. This technology is key to providing privacy in transactions on the network.
Key features include high transaction privacy, scalability, and interoperability within the Polkadot ecosystem. The network employs advanced cryptographic techniques to secure transactions and ensures efficient processing to accommodate a growing number of users and applications.
The MANTA token is used for various purposes within the network, including transaction fees, staking, and participating in governance decisions. It plays a crucial role in maintaining the security and operational efficiency of the network.
Manta Network contributes to the DeFi ecosystem by providing a platform that ensures transaction privacy, which is a significant concern in DeFi transactions. Its compatibility with the Polkadot ecosystem also enables cross-chain functionalities, enhancing the overall interoperability and utility of DeFi applications.