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We're building an interoperable privacy layer for the Polkadot ecosystem.

The problem we see today is that the blockchain lack privacy, interoperability, and usability, which trickles down into many other issues. That's why we're building Manta Network, an interoperable and private protocol for the DeFi stack, with a privacy-preserving decentralized exchange as our first use case. We're building it as a layer-1 solution, which means that privacy will exist in the core architecture, rather than a feature sitting on top of another blockchain. By using Substrate, we can take advantage of the interoperable ecosystem that Polkadot brings. If you want to learn more, read our article: An Introduction of Manta Network.

We are able to do this through a process called minting. Long story short, a user can initiate a coin-minting transaction by depositing a base coin (e.g., Polkadot). The Manta Network receives the deposit and generates a privacy-preserving version of it (e.g., private-Polkadot). To get more of the details of how this is executed, get a copy of our white paper.

We believe that Polkadot's blockchain will deliver a greater overall user experience for DeFi than Ethereum can currently deliver. Architecturally, we need a fast runtime, fast consensus, and interoperability--all of which are not offered by Ethereum 1.0. For example, the current consensus on Ethereum, proof-of-work, impacts the speed of block generation, which is necessary for writing transactions to the blockchain. That translates into a slower, less-than-optimal user experience. To learn more about our choices, read about it in our post: Manta's Architectural Design Choices.
It takes a village... And we're proud to have these amazing funds and people by our side as we build out Manta Network.
Network Services
Manta Network offers a variety of services powered by its ZKP-based privacy technology. We are launching with two premiere services, MantaPay and MantaSwap. Manta Network will use its technology to power Polkadot's on-chain privacy.
MantaPay offers on-chain private transaction of any parachain assets. Users are able to privately send wrapped BTC, ETH, DOT and other major cryptoassets as well as parachain assets to any wallet address on Manta Network.
MantaSwap offers a private decentralized exchange. Users can use MantaSwap to trade for various major cryptoassets and parachain assets without leaving Manta Network, which ensures anonymity of the swap wallet address.
Manta Network offers a privacy preservation layer to the entire Polkadot ecosystem. Partnerships are essential in driving our mission to create a fully private network for all parachain projects.
MANTA: The Privacy Preserving DeFi Stack
Cryptocurrencies and decentralized ledger technology has been widely adopted over the last decades. However, there isn’t yet a decentralized exchange that can protect users' privacy from end to end. In this paper, we construct the first ledger-based decentralized token exchange based on ledgers with strong privacy guarantees. We first propose a anonymous decentralized exchange scheme (ADEX scheme) based on automated market maker (AMM) and zk-SNARK. We prove that this scheme is sound and preserves users’ privacy... Request the rest of our white paper.