Manta EVM

What is Manta EVM?

Manta EVM (formerly Manta Pacific) is a modular, zero-knowledge-enabled, EVM-compatible Layer‑2 blockchain designed to offer enhanced privacy, scalability, and developer flexibility. Launched in 2024 by Manta Network, it leverages Celestia's data availability layer and a zkEVM built with Polygon CDK to deliver **substantially lower gas fees** and faster finality :contentReference[oaicite:1]{index=1}.

Its architecture includes Universal Circuits—reusable privacy-enhancing zk modules—enabling developers to build ZK-backed features such as private voting, confidential identity (zkSBT), and encrypted data applications with minimal overhead. Manta EVM runs modularly on Celestia for data settlement and transitions to a full zkEVM rollup for cost-efficiency, with governance and protocol upgrades coordinated on its central chain :contentReference[oaicite:2]{index=2}.

Key Features:

• Full EVM Compatibility: Supports Solidity smart contracts and Ethereum tooling.
• Modular Data Availability: Uses Celestia for high throughput and cost-effective storage.
• zkEVM via Polygon CDK: Enables private, scalable applications.
• Universal Circuits: Reusable privacy modules for quick integration.
• Compliance-Friendly Identity: zkSBT support for non-invasive KYC-like functionality.

Use Cases:

• Private DeFi: Build yield or automated market-making platforms with confidential transactions.
• Scalable dApps: Deploy NFT marketplaces or gaming with low gas costs.
• Identity Verification: Use zkSBTs for decentralized identity or credential verification.
• Encrypted Data Apps: Enable private data exchanges for messaging or health records.
• ZK-Enabled Governance: Deploy confidential DAO voting mechanisms.

For accounting teams using Cryptoworth’s crypto accounting software, Manta EVM transactions—including contract execution, private txs, zk proofs, and zkSBT issuance—can be imported as structured ledger entries. This enables cost-basis calculations, audit trails tied to proof finality, and meta-tagged transaction detail for regulatory compliance.

Frequently Asked Questions

Can Cryptoworth track cost-basis for transactions on Manta EVM?

Yes. Transaction exports from Manta EVM include gas spent, token flows, and zk-proof reference, which Cryptoworth ingests to calculate net cost basis and ledger entries.

How are zkSBT identity actions recorded?

Issuance, renewal, and revocation of zkSBTs generate events noted in transaction outputs. Cryptoworth logs these as identity or credential expenses/assets.

Does Celestia DA impact financial reporting?

Yes. Celestia data availability packages contain timestamp and block size info. Cryptoworth records these as infrastructure costs in the ledger.

Are private DeFi transactions auditable?

Yes. Even private transaction data includes proof metadata and block references. Cryptoworth ties each entry to its zk proof ensuring auditability.