Hey everyone!

We're just making an update post to inform the community of our current development and goals for Manta.

As previously mentioned, we're currently working on some issues that we've come across with double-spends and security issues, as well as the weighted balance mechanism that is necessary for Manta to work that is still in development.

We want to make it clear that we want Manta to be one of the best currencies out there, as a currency with a clear improvement in use cases that triumphs others. Because of this, we are not starting faucets/distribution until Manta is fully developed and ready for use, and due to the previously mentioned issues and the fact that it's still in development, we're unable to give a concrete date as of right now, although we will release a road-map once we have a timeline in which we can expect Manta to be ready for release.

Another thing that we're doing is expanding our development team to expedite the release of Manta as much as possible, and we're looking forward to having access to a more powerful team as a whole.

One thing we will be doing is temporarily locking this thread as the majority of recent comments have been FUD or simply repeats of the same questions, such as questions pertaining to timelines.

We will re-open this thread when we're closer to release and have an updated timeline so that meaningful discussion can take place.

Overall, this project has become more difficult than expected to our team, though we will do everything in our power to change the way commerce is enacted through Manta, no matter how much effort it takes.

Cheers and Regards,

Brian, Jason, and Nikhil
 

We'll be sending out the tokens shortly!


Hi Ahri, we've re-allowed it so that you can send us your ETH address.

Hey cryptodetective!

We've distributed the MantaTokens allocated for donators and have closed donations at this time.

Brian

We removed the roadmap as we are re-evaluating our dates due to the issues previously mentioned.

Brian




Yes, the majority of the distribution will take place through faucets.

Dave, most of the comments we've had to delete were you previous vulgar ones.


We did not change anything in regards to viewing all of the pages, I believe that viewing all pages is unavailable after reaching 25+ pages.




In regards to an update on Manta, we're currently working on the wighted-voting/representatives system, as well as fixing some security issues such as a double spend we've come across.

Once all of these issues are sorted out, we should be looking towards the official release and distribution of Manta  

Jason

Hey Luksx1!

When a small amount of users simply spam using large letters and vulgarities, there's no need to reply to them as they provide no argument in the slightest.

Brian

In regards to using a balance-weighted voting system like Nano/RaiBlocks, our plan is to have balances associated with a representative while obfuscating the address that the balance is associated with.

This part of the design is still a work-in-progress that we're currently working on to make Manta a reality.

Jason




20% of the MantaTokens for donators are still available.

We have sent you the appropriate tokens!


We're still using a faucet for distribution of Manta to the public, as for donators, we simply chose to utilize an ERC-20 Token to make it less chaotic on the actual release of Manta, as it has taken us days to simply process and reply to all messages.


Yes, we still are.

We'll be updating the pastebin later today, as for the MantaTokens given out, currently ~75% of amount allocated to donators has been distributed.

We've replied and sent your tokens 

We've been swamped to the nines with messages, so we're sorry for the late response.

Jason.


We don't have a date set in particular, although we're looking at mid-late February or if the all the allocated tokens are given out, whichever comes first.

Hey derickonfire!

We've replied and your tokens are on the way.

Jason

I can confirm that we've received it and have now sent the appropriate tokens!

Yes, donations are still up, and I can confirm we've received your donation and have sent the MantaTokens 


We aim to have the faucet around mid-March.

We've fixed it!

We'd like to get on a reputable exchange as early as possible, although we can't guarantee anything in that regard.

Also, in regards your calculations for someone working for a month on the faucets, we doubt that the price of Manta will be 1 cent for very long 

Jason





Thanks, we're happy to hear that!

Hey everyone!

We're making a quick update post to notify you all of a change regarding the process of receiving MANTA for donators.

Due to many requests, we've decided to utilize an ERC-20 Token on the Ethereum Network, with the conversion of 1 MantaToken "MNTA" being swap-able for 1 MANTA when wallets are released. We will make sure the swapping process is as simple and easy to understand as possible.

If you've donated, to receive your MantaToken's, simply PM us your Ethereum address, and we'll send the appropriate MantaToken's, as well as instructions as to how to view your custom token.

We recommend using MyEtherWallet as it's the easiest and simplest way to view and receive your MantaToken's.

Note that due to potential PM restrictions, we may not be able to reply as fast as we'd like to, though we'll make sure everyone receives their MantaToken's as well as the proper instructions to utilizing them.

As for an update in regards to Manta itself, our network tests have shown promising results, and we're working to get Manta as close to completion as possible.

Best Regards,

Brian, Jason, and Nikhil

Manta Dev Team

In regards to us and Stone, our involvement of using zkSNARKs is similar however we have our doubts that Stone can do what they say it'll do. Stone claims 7,000 tx/s with zkSNARK's, which is quite frankly near impossible.

As for Manta, we are not using an airdrop, instead our distribution is 75% via public faucets, 20% to early donators, and the last 5% is in a dev fund.




Donations are still being accepted, and yes, distribution is through a public faucet.

We've had some donator's request to remain private in regards to the donors list.





While it's not possible to simply slap it on, it is possible to still achieve fast transaction times of 10-15 seconds with our implementation of zkSNARKs for privacy.






Our team currently involves three devs!

My apologies, I meant to type 170,000.



We've been seeing how RaiBlock's has fixed their node issues and look to learn from their fixes. Some of the issues have also been with the exchanges themselves, rather than the node's since RaiBlock's structure is radically different.

Also, although our tx/sec is lower, our transaction speed is meant to be around 10-15 seconds which would not bottleneck Manta's transactions worse than RaiBlocks.


You would just need to PM us what currency you're sending as well as what address it would be from, so that we can verify the donation with you.

We're looking at something similar to RaiBlocks' rate, such as the faucet giving out a max of 17,000 MANTA per hour to all users combined.

As for rewards per solve, it would be dependent on how many solves have been done in the current hour, although we predict the reward to be ~6-10 MANTA per 100 solves.