What is Mango Network? Learn about the blockchain that uses multiple Virtual Machine (VM) technology.

Mango Network (MGO) is a Layer 1 blockchain built on a modular architecture, designed to support multiple virtual machines (Multi-VM), such as EVM, MoveVM, and eventually SVM (Solana VM). Its mission is to address issues like liquidity fragmentation and poor cross-chain user experience, while enhancing the performance of smart contracts in areas such as DeFi, GameFi, and NFTs. Web3 applications (source).

The Vision and Purpose of Mango Network

Mango Network aims to build an integrated Web3 platform where scalability, multi-chain interoperability, and security are natively integrated:

  • Develop dApps for billions of users through its modular SDK.
  • Features Layer 1 Multi-Virtual Machine (VM) + OP-Stack: Supports full-chain applications across networks with a single gas token.
  • Thanks to batch parallel execution and MoveVM optimization, it has a throughput of 297,000 TPS and finality of less than 1 second.

##Key Technical Architecture

1. Multi-VM (

  • Support parallel operations between EVM and MoveVM, planning to integrate SVM.
  • Supports cross-virtual machine )VM( calls, where Move contracts can call EVM contracts and vice versa, sharing state data.
  • Ethereum developers can use MetaMask, Hardhat, and Truffle to port their applications without rewriting code.

2. Multi-chain Support – OP-Mango

  • Based on OP-Stack (Optimistic Rollup), directly connected to the Ethereum mainnet. It executes transactions off-chain and batches them on-chain, significantly reducing costs and increasing speed.
  • Aggregate liquidity and simplify user experience without complex bridging.

3. Smart Contract Security

  • MoveVM uses a resource-oriented static type language to prevent common attack vectors, such as reentrancy and double spending.
  • Equipped with Move Prover - a formal verification tool used to detect errors before deployment.

##MGO Token & Tokenomics – Price & Utility

  • MGO is the native utility and governance token on the Mango Network.
  • According to CoinMarketCap, the current price of MGO is ₫296 VND ) $0.012( with a 24-hour trading volume of ₫3030 billion ) ~ $11.9M(.

##The uses of MGO Token include:

  • Pay the gas fee for on-chain transactions.
  • Used for staking, farming, and governance voting.
  • As a reward in the testnet airdrop and community activities to launch network activities.

##Incentive Testnet and Airdrop Mango Network has launched an incentive testnet, inviting users:

  1. Create a Mango wallet
  2. Claim test tokens from the faucet
  3. Connect to DApps and interact (swap, bridge, stake)
  4. Complete daily tasks to earn points for future MGO airdrops.

This makes it particularly attractive to the airdrop hunter community and Web3 testers.

Comparison Table: Mango Network vs Traditional Blockchain

To understand the technical advantages of Mango Network, it is essential to compare its architecture and capabilities with traditional blockchain platforms. The table below outlines Mango Network's outstanding performance in key areas such as scalability, security, and developer experience.

| Factor | Mango Network | Traditional Blockchain | | --- | --- | --- | | Multiple Virtual Machines ) VM ( | Yes ) EVM + MoveVM + SVM ( | Only supports EVM or Move for standalone use | | Full Chain | OP-Mango Cross-Chain Architecture | Relies on bridging, high transaction fees | | Throughput / Transactions per Second ) TPS ( | 297,000 TPS | Ethereum ~15 TPS, Solana ~65,000 TPS | | Security | MoveVM + Move Prover | Solidity is prone to smart contract vulnerabilities | | Developer Availability | Compatible with MetaMask and Hardhat | Supports only EVM, lacks cross-VM compatibility |

##Gate's Role in the Ecosystem

As a content creator for Gate, I see the tremendous synergy between Mango Network and the Gate platform:

  • Gate may list MGO and provide a secure trading venue for global users with deep liquidity.
  • With its secure infrastructure, 1,000 BTC protection fund, and low fees, Gate is the ideal environment for staking, farming, and interacting with MGO.
  • Gate's learning section offers multilingual tutorials to help Vietnamese and global users join the Mango Network's testnet, airdrop, and validator onboarding.

Gate can also host AMA sessions, live streams, or launch events to attract more developers and users to join the modular multi-VM future of Mango.

##Conclusion

Mango Network is a next-generation Layer 1 blockchain that integrates multiple virtual machines )Multi-VM(, cross-chain execution )Omnichain execution(, and enhanced smart contract security, featuring the following outstanding characteristics:

  • Supports multiple virtual machines )VM( (EVM, MoveVM, SVM), enabling seamless cross-VM dApp development.
  • OP-Mango supports cross-chain deployment through a single token gas model.
  • Achieve ultra-high throughput (approximately 297k TPS) and
MGO-1.91%
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Ybaservip
· 07-17 10:06
Hurry up and enter a position! 🚗
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