We live in a multi-chain world. The idea that decentralized apps will all use the same shared smart contract blockchain is dead in practice. Ethereum is pivoting to a roadmap where apps have their own rollup chains, multi-chain ecosystems such as Cosmos and Polkadot are rising in popularity, as well
Today we’re thrilled to announce that we’ve shipped our minimum viable product (MVP)—a data availability sampling light client. This marks the first major milestone in our roadmap to build a universal consensus network allowing anyone to deploy their own custom blockchain in minutes. TL;DRData availability sampling
We’re excited to announce that we are henceforth rebranding LazyLedger as Celestia! Names are important. A good name communicates vision and inspires a community to rally behind it. Although LazyLedger is catchy and succinctly captures the minimal nature of our protocol, we wanted a name with more mass appeal.
We’re happy to share that Celestia Labs (incorporated as Strange Loop Labs in Liechtenstein), has closed a $1.5m strategic seed fundraise. Celestia Labs is building Celestia, a pluggable consensus and data availability layer, to enable anyone to quickly deploy a decentralized blockchain without the overhead of bootstrapping a
One of the highlights of this year’s Devcon 5 was optimistic rollups, a new scaling solution that uses the Ethereum base chain for data availability and enforcement of a two-way bridge of assets, with execution happening off-chain on layer two. In addition to allowing for increased throughput and decreased