Build on Mantle - AMA with Arjun

Recorded: Jan. 12, 2023 Duration: 0:31:49

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Okay, everybody. Thank you for hanging in there while we deal with some technical issues. We should be good to go for the rest of the conversation. Sorry to cut you off there in the middle of the thought, Arjun. Let's make sure we can hear you okay again.
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So we were talking about what's what's metal and like how we different to other networks just just quickly rehash. So metal is an Ethereum L2 network right so as we all know the bit out right
is on Ethereum. We're very Ethereum aligned big fans of Ethereum and you know it just made sense that if you were to start building out an ecosystem we should go with an you know layer to an Ethereum layer to design. Now of course we didn't just want to like fork some technology we wanted to like bring the best
And most exciting, you know, the most up to date technology to developers and projects. So we made a lot of innovations in, you know, sort of baked into this, this network design. So it's so the current test net is an improvement is sort of an iterative improvement on optimistic roll ups. We've done some really interesting things there.
So from the architecture perspective, we've gone with a very modular kind of a design, which is something which even Vitalik has talked about on how we can build scalable sort of blockchain networks. We've been using data availability with eigenlayer, right, although even that technology is very new, but we wanted to sort of, you know,
and dive ahead in and get a sense of how developers would leverage data availability and what kind of new interesting ways and techniques can be get into the network, which how we can make the network faster, more resilient.
And at the same time, you know, reduce fees even further, we've also working on different types of frog proof designs to make security even better and at the same time, you know, we've gone with some interesting other innovations as well, like using multi-party computation with the SS signature scheme to make the bridge even faster. So I would encourage you know,
developers and you have to just sort of like a lot of material and the days to come. So this is the technical side. I think on the ecosystem side, if you look at mantle like already there is a huge ecosystem out there like bit again is one of the biggest towers in the space. We also have a by bit which
which is help see the Dow. We also have Mirano Ventures, the Ventura Ramapai, where we've got all the different bit Dow invested, Dow, which are like game seven, ZK Dow, Edge Dow, there are a bunch of other companies as well as a part of the ecosystem. So already there is a very
I think with mantle we can bring all of this together and so build a lot of value for the bit community and create also interesting value control mechanisms for the bit token as well, which already of course is used for governance, but now will be used as gas fees in the network and will be used as a
We can bring a lot of value here. And also like I said, like our approach towards ecosystem building is also very interesting. We want to go with a more collaborative partnership driven kind of approach. So just to maybe take a couple of minutes and explain how

FAQ on Build on Mantle - AMA with Arjun | Twitter Space Recording

What is Metal and how is it different from other networks?
Metal is an Ethereum L2 network with innovations baked into its design to bring the best and most up-to-date technology to developers and projects. It is different from other networks because it has a very modular design, uses data availability with Eigenlayer, and works on different types of fraud-proof designs to make security even better. It also uses multi-party computation with the SS signature scheme to make the bridge even faster.
What kind of network is Bit on?
Bit is on the Ethereum network.
What type of design did Metal go with and why?
Metal went with a very modular design, which is something that even Vitalik has talked about on how we can build scalable blockchain networks.
What is Eigenlayer and how is it used in Metal?
Eigenlayer is a data availability technology that is used in Metal to make the network faster, more resilient, and reduce fees even further.
What types of fraud-proof designs is Metal working on?
Metal is working on different types of fraud-proof designs to make security even better.
What is the SS signature scheme and how is it used in Metal?
The SS signature scheme is a multi-party computation that is used in Metal to make the bridge even faster.
What is Mantle and what is its role in the Metal ecosystem?
Mantle is a platform that provides tools and services that developers can use to build on top of the Metal network. It is a key part of the Metal ecosystem.
What is the BitDAO and how is it involved with Metal?
The BitDAO is a decentralized autonomous organization that is involved with Metal. BitDAO invested in the Metal network and has a stake in its success.
How is the Bit token used in the Metal network?
The Bit token is used as gas fees in the Metal network and will be used as a value control mechanism for the Bit community.
What approach does Metal take towards ecosystem building?
Metal takes a more collaborative partnership-driven approach towards ecosystem building.