Layer2

Manta Network co-founder Victor: Deeply cultivating emerging markets in Southeast Asia, living locally to support community development

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that in terms of community incentives, Manta's Gas Gain profit rebate program converts 50% of the Gas profits on the Manta Pacific chain into MANTA tokens to reward users. Additionally, the Manta Foundation has committed to distributing 10 million MANTA as extra rewards over the next four years, with more for the top 400 ranked users on the network.Furthermore, the Manta CeDeFi product serves as a bridge between DeFi and CeFi, aggregating multiple yield strategies from RWA, on-chain, and CEX, allowing users to enjoy diversified returns from both CeFi and DeFi by simply depositing BTC, ETH, or stablecoins.Victor revealed that the $50 million ecological fund established by the Manta Foundation has supported around 16 projects, including KiloEx, in just two months.The Manta community team places great emphasis on global expansion, especially in emerging markets in Southeast Asia. He is a founder who truly lives in Southeast Asian countries to support local community development.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

MegaETH co-founder Shu Yao: Creating the first real-time block network to unlock new scenarios for on-chain consumer applications

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, Layer2 infrastructure MegaETH co-founder Shu Yao shared a keynote speech titled "MegaETH: Building the First Real-Time Blockchain Network."Since 2020, the two main scalability roadmaps advocated by Ethereum founder Vitalik Buterin, OP Rollup and ZK Rollup, have seen innovations occurring at the consensus layer. Although both have their advantages, they have not resolved performance issues, primarily due to the lack of consensus on sequencer validation. MegaETH aims to address these problems.Shu Yao stated that MegaETH is building a Layer2 solution that integrates ultra-high throughput, extremely low latency, and EVM compatibility, aiming to accelerate Ethereum's journey towards the ultimate form of scalability.Shu Yao mentioned that the MegaETH network can process up to 100,000 transactions per second (TPS) with sub-millisecond ultra-low latency, aiming to create the first real-time block network.She explained that the ultra-low latency of the block network means that all applications can run in real-time, which is extremely important for consumer applications. The extremely low latency will unlock previously unimaginable consumer applications.For more content from the conference, please check the following links:Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html
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