♻️How It Work

Mante Layer 1 works by utilizing a modified version of the Ethereum protocol, which includes several enhancements to improve performance and scalability. The key components of the network include:

Consensus mechanism : Mante Layer 1 uses a proof-of-stake (PoS) consensus mechanism, where validators (stakers) are chosen based on the amount of Mante Layer tokens (ACT) they hold and are willing to "stake" or lock up as collateral to secure the network. Validators are responsible for validating transactions, creating new blocks, and ensuring the overall security and integrity of the network.

Sharding: The network uses sharding, which is a scaling solution that splits the network into smaller, more manageable parts called shards. Each shard can process a subset of the total transactions, allowing the network to process a higher volume of transactions per second than traditional blockchain platforms.

Smart contracts:Mante Layer 1 supports the execution of smart contracts, which are self-executing contracts that are transparent, secure, and immutable. Smart contracts can be used to automate business processes, create decentralized applications, and enforce the rules and regulations of the network.

Cryptoeconomic incentives:

Mante Layer 1 utilizes cryptoeconomic incentives to ensure the proper functioning of the network. Validators are rewarded for their work with newly minted ACT tokens, while bad actors are penalized through the loss of their staked tokens.

Interoperability:

Mante Layer 1 is designed to be interoperable with other blockchain networks and decentralized finance (DeFi) protocols, allowing for seamless integration with other blockchain-based platforms and applications.

In summary, Mante Layer 1 utilizes a combination of consensus mechanism, sharding, smart contracts, cryptoeconomic incentives, and interoperability to create a secure, scalable, and decentralized blockchain infrastructure. This infrastructure enables developers to build and deploy innovative decentralized applications with ease, while ensuring the overall security and integrity of the network.