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What is Mantle Coin? What are the characteristics of Mantle Coin?

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2024-03-05 08:40:32948browse

What is Mantle Coin? What are the characteristics of Mantle Coin?

Mantle coin: Ethereum’s second-layer expansion plan

Mantle coin is a local token built on the second-layer network of Ethereum, and its goal is to The ecosystem brings greater scalability and more cost-effective trading options.

Features:

  • High throughput: Mantle uses Optimistic Rollup technology, which can significantly improve Ethereum’s transaction processing capabilities and achieve thousands of transactions per second.
  • Low cost: Transaction fees on Mantle are much lower than those on the Ethereum mainnet, saving users a lot of costs.
  • Security: Mantle inherits the security of Ethereum, and transactions are verified by the Ethereum main network to ensure the safety of funds.
  • Compatibility: Mantle is fully compatible with the Ethereum Virtual Machine (EVM), which means developers can easily deploy existing applications and smart contracts to the Mantle network.
  • Governance: Mantle coin holders participate in network governance and decide the future development direction of the protocol through voting.

Development Prospects:

As a second-layer expansion solution for Ethereum, Mantle has huge development potential. As the Ethereum ecosystem grows, the need for scalability and low-cost transactions will continue to grow. With its efficient performance and cost advantages, Mantle is expected to play an important role in the Ethereum ecosystem and provide it with a reliable expansion solution.

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