Mantle (MNT)
- Official Website: mantle.xyz
- Definition: Mantle is a Layer 2 scaling solution for Ethereum, designed to improve scalability and reduce fees.
- Category: Layer 2 chain, Token.
- What It Is: A modular blockchain that enhances Ethereum’s performance.
- Function: Enables faster, cheaper transactions on Ethereum.
- Analogy: Think of Mantle as a turbocharger for Ethereum. It boosts performance without changing the core engine.
- Pros: Scalability, low fees, Ethereum compatibility.
- Cons: New and unproven, competition from other Layer 2 solutions.
- Controversies: Centralization concerns, reliance on Ethereum.
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This page was last updated on January 28, 2025.
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