Manta Network conducts record-breaking trusted setup ceremony, 4,000+ contribute By Cointelegraph



Manta Network recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals.

According to the company, MantaPay will run on the parachain Manta Network and on the Kusama parachain Calamari. It will use zero-knowledge proofs to ensure that only the sender and recipient of each payment will be able to view the payment.

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