Pay Attention To Celestia

FEB 16, 2022 • 25 Min Read

DISCLOSURE: THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.

Key Takeaways

  • Monolithic chains where everyone executes every transaction is inherently not scalable. Hence, a multi-chain world is inevitable, in some form or another. We believe modular blockchains could be the optimal approach to the multi-chain world.

  • Celestia is the first truly modular blockchain. “It’s vision is a marriage of Cosmos’ sovereign interoperable zones and a rollup-centric Ethereum with shared security”.

  • Celestia scales by decoupling execution from consensus and introducing data availability sampling. This allows Celestia to mimic the properties of BitTorrent, one of the most scalable and decentralized protocols ever known. Celestia can be expected to practically support any potential user demand for the foreseeable future while keeping the $$ cost of verification fairly constant.

  • Reimagining blockchains as a modular stack has implications beyond scalability. Celestia’s unique advantages include trust minimized bridges, sovereign chains, efficient resource pricing, simpler governance, effortless chain deployment, and flexible VMs.

  • Modular blockchains are a paradigm shift in blockchain design and we expect their network effects to become increasingly more apparent over the next few years. Particularly with the expected launch of Celestia’s mainnet in 2023. 

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