Ethereum Layer 2 Network Mantle Testnet Is Now Live

Key Points:

• Layer 2 Ethereum solution Mantle made a testnet live announcement. Developers can now register and submit an application to gain access to the testnet.
• Before the mainnet launch, which is expected to happen later this year, Mantle will be able to test and add new features for the chain on the testnet. The public can access the testnet, and programmers are encouraged to register in order to test their applications on the chain.
• Multi-party computation will also be used in the chain. Nodes created specifically to handle off-chain transactions are used in this kind of computing.

Layer 2 Ethereum solution Mantle declared that its testnet launch had been successful. Developers can now register and submit an application to gain access to the testnet.

BitDAO created the optimistic rollup known as Mantle. It employs a modular structure, where the essential operations of a blockchain are carried out on specialized levels, with the goal of lowering costs and improving overall performance. With 37,000 developers already signed up for the launch, BitDAO has opened the testnet.

Before the mainnet launch, which is slated for later in the year, Mantle will be able to test and build new features for the chain on the “Wadsley” testnet. The public can access the testnet, and developers are encouraged to sign up to test their applications on the network.

BitDAO introduced Mantle in November as a modular Ethereum Layer 2 network. For handling network operations like a consensus, transaction execution, and settlement, modular networks contain different layers. They are a more recent iteration of the blockchain architecture, as opposed to earlier monolithic chains when all network operations took place on the same base layer.

The DAO reaffirmed that Mantle would provide quicker finality at lower transaction costs. The announcement also stated that multi-party computation would be used by the network. Nodes that are specifically intended to handle off-chain transactions are used in this form of processing.

One way Layer 2 networks function to reduce the risk associated with transactions carried out outside the base layer of a blockchain network is through multi-party computation.

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