Mango Network Integrates Solana Virtual Machine for Smooth Cross-Chain Compatibility
Mango Network, a blockchain infrastructure platform, has made a significant stride by integrating the Solana Virtual Machine (SVM). This move opens up compatibility for smart contracts developed in Solidity, Move, and Rust.
The integration of SVM is a strategic step towards unlocking greater potential in Solana's DeFi and GameFi sectors. With this, Mango Network becomes the first public blockchain to support MoveVM, Ethereum Virtual Machine (EVM), and SVM in a single, interoperable framework.
Mango Network's Multi-VM approach allows developers to build cross-chain decentralized applications (dApps) on a secure, open, high-performance infrastructure. This means that Solana-based dApps can now be deployed directly on Mango Network.
The SVM offers superior performance, leveraging Solana's Sealevel engine to execute transactions in parallel, boosting throughput. This results in Mango Network's performance peak of 297,450 transactions per second (TPS).
Moreover, smart contracts across different VMs can now operate within a shared state, communicate seamlessly, and be accessed using a unified account model. This feature minimizes friction and allows for higher composability.
Mango Network's modular and forward-compatible approach aligns with its ambition to serve as a full-chain infrastructure layer for the decentralized internet. The organization behind Mango Network spent three years designing a system to bridge technical divides between blockchain environments.
To reconcile Solana's parallel execution model with its own architecture, Mango Network is developing an SVM Adapter Layer. This layer will facilitate secure cross-chain messaging and execution of cross-VM calls involving MoveVM and SVM.
Furthermore, Mango Network has implemented a ZK Rollup-based solution for interaction with Solana's mainnet. This solution reduces computational overhead and employs advanced consensus mechanisms for fast and reliable finality.
Lastly, Mango Network has implemented a standardized digital asset model, enabling asset transfers between VMs without the traditional risks and costs associated with wrapping or bridging. Developers working in Rust on Solana can now migrate their applications to Mango's multi-VM environment without incurring high transition costs.
The organization behind Mango Network that was involved in developing a system to bridge typical technical differences between blockchain environments in the past three years is not explicitly stated in the provided search results.
In summary, Mango Network's integration of the Solana Virtual Machine marks a significant leap forward in blockchain interoperability and performance. The platform's Multi-VM approach and other innovative features position it well to serve as a key infrastructure layer for the decentralized internet.
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