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Introduction to Mango Network

ithmz.eth

ithmz.eth

Mango Network is a Layer 1 public blockchain that aims to address the issues of fragmented user experience and liquidity in Web3 applications and DeFi protocols. It is built with a Multi-VM Omnichain infrastructure, integrating the advantages of OPStack technology and MoveVM. This allows for cross-chain communication and multi-virtual machine interoperability, creating a secure, modular, and high-performance Web3 environment.

Key Features of Mango Network:

  • MoveVM: A secure and efficient virtual machine specifically designed for digital assets. It offers several advantages over Solidity, including:

    • Resource-Oriented Programming: Defines digital assets as "resources" to ensure their security and prevent vulnerabilities like double-spending.

    • Enhanced Security: Utilises static calls, a virtual machine sandbox, and formal verification to ensure contract safety.

    • Modularity and Composability: Allows for efficient contract upgrades and code reusability.

  • OPStack Technology: Enables Layer 2 scaling and cross-chain communication. OP-Mango, Mango's Layer 2 solution, bridges the EVM and MoveVM for seamless interoperability.

  • Multi-VM Support: Allows developers to leverage the strengths of both EVM and MoveVM, expanding application scenarios and fostering innovation.

  • High Performance: Mango Network boasts a transaction processing speed of up to 297,450 TPS.

Mango's Approach to Omnichain Applications:

Mango proposes a new paradigm for building omnichain applications that goes beyond simple multi-chain deployment. Instead of replicating applications on multiple chains, Mango's approach focuses on:

  • Unified State Record: The application's global state is maintained on the Mango main chain, ensuring consistency across all connected chains.

  • Unified Liquidity: Liquidity is not fragmented across multiple chains, improving the efficiency and depth of DeFi protocols.

  • Seamless User Experience: Users can interact with the application from any connected chain without needing to transfer assets or manage multiple addresses.

Additional Infrastructure Components:

  • ZK Zero-Knowledge Proof: Used for anonymous trading, privacy protection, data integrity, and cross-chain interaction.

  • Distributed Storage: Ensures data redundancy, security, reliability, scalability, and permission control.

  • MgoDNS Domain Name Service: Provides decentralized domain name resolution, connecting the information internet and the value internet.

  • Mango Client End: Supports both full clients and lightweight clients for auditing, transaction building, and state verification.

Overall, Mango Network aims to provide a comprehensive and secure infrastructure for building and deploying the next generation of decentralized applications. Its innovative multi-VM omnichain architecture, coupled with advanced features like ZK proofs and distributed storage, positions it as a strong contender in the evolving landscape of blockchain technology.

Introduction to Mango Network