News

Mantle V2 Tectonic Upgrade Has Now Completed

Key Points:

  • Mantle Network completes Mantle v2 Tectonic upgrade, improving cost-effectiveness and interoperability.
  • Integration of EIP-1559 and streamlining of block generation promise more predictable fees and improved throughput.
  • Innovative features like Meta Transactions enhance the user experience, with comprehensive guidance for a smooth transition provided.
Mantle Network has achieved a significant milestone with the successful completion of its Mantle v2 Tectonic upgrade, marking a pivotal moment in the platform’s evolution.
Mantle V2 Tectonic Upgrade Has Now Completed 2

Mantle v2 Tectonic Completed

Built upon the OP Stack Bedrock framework, this upgrade positions Mantle Network as a cost-effective powerhouse in the Ethereum layer 2 (L2) landscape, boasting some of the lowest gas fees while advancing interoperability within the OP Stack ecosystem.

Following rigorous testing and audits by industry leaders OpenZeppelin, Secure3, and Sigma Prime, alongside a comprehensive public bug bounty program facilitated by Secure3, Mantle Network’s Mantle v2 Tectonic upgrade represents the culmination of meticulous preparation and dedication to quality.

Since its inception with Mantle Network Mainnet Alpha v1 (Mantle v1) in July 2023, the platform has undergone transformative enhancements, attracting a diverse array of innovative applications within the DeFi ecosystem. The Mantle v2 Tectonic upgrade underscores its commitment to maintaining momentum and driving continuous improvement.

Meta Transactions and Comprehensive Transition Guidance

A standout feature of the Mantle v2 Tectonic upgrade is the integration of EIP-1559, a protocol change that revolutionizes transaction fee dynamics within the Ethereum ecosystem, promising users more predictable and affordable fees. Additionally, Mantle v2 Tectonic streamlines block generation, transitioning to a fixed schedule that significantly boosts throughput and ensures consistent transaction times.

Moreover, the migration of the MNT token to a native L2 asset streamlines token flow within the network, enhancing ecosystem fluidity and integration. Innovative features such as Meta Transactions and refined fee optimization strategies further enhance the user experience.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

13 minutes ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

15 minutes ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

43 minutes ago

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

4 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

7 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

9 hours ago

This website uses cookies.