Mantle
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Coming Soon!
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Will be similar to Eigen DA since that is a core part of Mantle.
Will update with new information
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Open Zepplin, Secure3, Sigma Prime, Quant Stamp, Zellic All in June of 2023. See link above.
Mantle is an EVM compatible tech stack designed to supercharge Ethereum scaling. Grown out of the BitDAO ecosystem, it is essentially a modular L2 roll up with a novel approach to data availability using Eigen data availability layer. To delve deeper into Eigen DA, you can explore further here (Eigen DA). Data availability stands as a cornerstone for L2 functionality and often is the costliest component of the L2 modules. Using Eigen DA, Mantle harnesses Ethereum Layer 1 security while offering these key advantages:
Canonical bridges- Canonical bridges empower decentralized asset transfers across chains without relying on 3rd parties for liquidity, execution, etc. Bridges are honey pots of Eth so this is a hefty increase in security
Censorship resistance.
Fund recovery options in extreme cases
As an L2 roll up Mantle utilizes the Ethereum L1 chain for consensus and security. Validators present data in compressed blocks, which do the following:
Significantly lower gas fees: Users enjoy 80% reduction in gas fees through data compression and modular data availability.
Reduced latency and improve throughput: Users enjoy customizable transaction confirmation requirements, with the lowest security setting offering near real-time confirmations (approximately 10 milliseconds compared to Ethereum's 12 seconds) and a 20-fold increase in throughput.
Architecture
Mantle, in its modular L2 architecture, divides its operation into essential modules such as Fraud Proofs, a Sequencer, and Data Availability (DA) modules, a standard practice among L2 solutions. The sequencer is centralized and this remains a common L2 challenge but, innovations like Espresso (read more about Espresso here) are emerging to address the centralized sequencer issue. Mantle's modular DA layer, powered by Eigen DA, really is a distinctive solution on the modern L2 landscape. The two current forms of DA are centralized DA layers and just using the Ethereum L1 DA layer. Eigen DA diverges from centralized DA layers (where one node manages L2 DA) with greater decentralization while matching throughput and latency while surpassing Eth L1's DA capabilities in terms of speed and latency reduction by a wide margin. Mantle’s DA solution aligns with the ethos of Eth L1 while providing exceptional utility for L2 operations. Since our passion here at EigenHub is Eigen Layer, and Mantle intersects with that passion, let’s dive into how Mantle and Eigen work with each other and how re-stakers might benefit.
Mantle and Eigen
Mantle currently employs the alpha version of Eigen DA for data availability (DA), with plans to migrate to the fully decentralized Eigen DA upon its release. Eigen DA unlocks many advantages for the Mantle network over its competitors.
Dual-Quorum Staking: One notable feature, especially appealing to re-stakers, is the ability to stake for Eigen DA on Eigen Layer using ETH and stake on Mantle with the $MNT token. This is called dual-quorum staking and it is one of the most exciting innovation Eigen Layer enables. It would allow for the DA input to be considered valid only if the MNT holders and Eth holders on Eigen Layer sign off on it. Increasing decentralization and security since an attacker would have to simultaneously compromise both networks. After Mantle’s migration to Eigen DA it is not crazy to imagine we see some form of dual quorum staking between the two networks, with holders of both getting some kind of reward! While speculative, we cannot wait to see what this innovation allows and the rewards it might bring!
Layer De-coupling: Mantle's approach decouples the data availability layer from the consensus layer, ensuring data availability through Eigen while maintaining consensus on Mantle. With data availability separated, unlike on the Eth L1 layer, the nodes servicing Eigen DA can focus on just processing DA, increasing throughput by a factor of 10.
Unicast Channeling: Mantle employs a unicast channel for data exchange between network participants for efficiency gains in data transmission and storage. Most blockchains are broadcast, think like the American Broadcasting Corporation (ABC) if you are watching American TV. They send a signal from one (the TV station) to many (actual TVs) receivers, similar to when you transact on block chains your transaction must go from your address to ALL nodes. Unicast channels are a game changer for data exchanges cause they allow you to transmit data directly where it needs to go without the L1 like broadcasting to all nodes. After the unicast data exchange, the data will then be posted to the L1 like always, safe and secure.
Erasure Coding: Maintaining an erasure rate ensures pieces of block data from L2 and L1 sources can be used by verifying actors to reconstruct complete block data. Erasure codes are redundant pieces of code added to a data set stored on the DA layer. A block producer only needs some of the erasure codes to reconstruct a block, thwarting certain types of attacks and increasing throughput.
This approach will provide the high throughput and low gas cost necessary for next-generation applications in blockchain gaming, decentralized social networks, and more on L2s. We here at EigenHub think Mantle will be an innovative and successful L2. Since it has chosen to fulfill its DA needs through Eigen DA and we intend to provide node services for re-stakers on Eigen DA we hope to be a small part of this success. Currently, it is unknown what the dashboard for node operators/re-stakers will look like and weather Eigen DA will allow any kind of optionality in which service Eigen DA re-stakers/operators can secure. In other words, will Eigen DA allow you to provide re-stake services to Mantle but NOT another AVS using Eigen DA? We do not yet know but will update this article as soon as we do. Thank you for learning about Mantle with us and if you have any questions or new information please comment or find us on twitter with the links in the upper right hand corner.
🔗 Links
This is a link to the Mantle white paper where it goes through an overview of which much of this article is based.
