Manta Network Rebrand Emphasises On-chain Privacy for Web3
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Manta Network entered the next chapter in its development, and as a symbol of this evolution, it has introduced a new logo.
The shift in gears comes as the team focuses on the strategy and brand-building aspects of the project. Manta Network will also be bringing on more talented and experienced core contributors to help educate the Web3 space about the importance of on-chain privacy and solidify its presence as the leader on the matter.
This new chapter that involves strategy and brand building follows achieving several milestones.
Manta Network started with its priorities focused on the technology, building a unique, secure, and scalable layer-one network that preserved the privacy of all on-chain interactions within the Polkadot ecosystem.
On-chain privacy requires a decentralized, scalable, and secure solution, which Manta delivers through zero-knowledge proofs (ZKP), and for composability, it leverages the Substrate framework.
Its technical whitepaper was submitted to the International Association of Cryptologic Research (IACR) with mathematical proofs on Manta’s privacy and security.
For scaling the project, the Manta Network founders focused on building a world-class engineering team. Today, after a year of development, their team has grown to almost 20 members, with the majority of them on the engineering side.
The technically equipped team then helped the project become the first Substrate project to demonstrate ZKP capabilities for private transacting of parachain assets. And, then soon after, they performed their first cross-chain messaging between the layer-1 smart
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