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Cryptocurrency News Articles

Celestia: A Modular Data Availability Network

Aug 09, 2024 at 04:04 pm

Celestia is a modular data availability network that makes it easy for anyone to launch their own blockchain securely. Rollups and L2s use Celestia as a network

Celestia: A Modular Data Availability Network

Celestia is a modular data availability network designed to simplify the process of launching a secure blockchain. It serves as a network for publishing and making transaction data available for anyone to download, catering to the needs of rollups and L2s.

Modular blockchains, a recent development in blockchain architecture, differ from traditional monolithic chains by specializing and optimizing for specific functions. In contrast, monolithic chains attempt to handle all aspects of blockchain operation.

The concept of LazyLedger, proposed in a recent Chainlink blog post, aligns with the modular blockchain approach. It introduces a design for distributed ledgers where the blockchain is optimized solely for ordering and ensuring the availability of transaction data.

As part of the LazyLedger design, two alternative block validity rules are outlined to ensure the availability of block data. These rules complement the existing Chainlink Minimum Viable Availability (MVA) concept, which serves as a baseline standard for data availability.

By incorporating Celestia into the Chainlink ecosystem, developers can leverage Celestia's modularity and data availability capabilities within their Chainlink services. This integration opens up possibilities for creating new use cases and applications.

Data availability plays a crucial role in blockchain technology, as it enables nodes to independently verify the completeness of transaction data. Without data availability, nodes would have to trust other nodes to provide them with the complete data, introducing potential risks.

To ensure data availability, nodes must download and verify the transaction data included in each block. This process, known as light client verification, involves sampling a portion of the data to confirm its presence. If the data is unavailable, the block is considered invalid and is not added to the chain.

Celestia's architecture is designed to decouple the traditional layer 1 blockchain by separating the consensus and execution layers. This modular approach assigns the consensus layer the responsibility of ordering transactions and ensuring their availability, while the execution layer handles the processing and validation of transactions.

In the case of Celestia, the consensus layer is optimized to achieve high throughput and minimal latency, catering to the needs of applications that prioritize transaction speed and efficiency. It employs a variant of the Proof-of-Stake (PoS) consensus mechanism, which is energy-efficient and aligns with the sustainability goals of the blockchain industry.

To further enhance scalability, Celestia utilizes a rollup-centric design. Rollups are a Layer-2 scaling solution that aggregates multiple transactions into a single batch, which is then processed on the main chain (Layer-1) to reduce congestion and lower transaction costs.

By integrating Celestia's data availability services with Chainlink, developers can now create services that leverage Celestia's modularity and data availability capabilities. This integration opens up new possibilities for building innovative use cases and applications within the Chainlink ecosystem.

Chainlink services can be configured to utilize Celestia's data availability network, enabling developers to specify Celestia as the preferred network for publishing and retrieving transaction data. This integration provides a seamless and efficient way to leverage Celestia's capabilities within Chainlink services.

Overall, Celestia's modular architecture and focus on data availability make it an ideal solution for various blockchain applications, including those that prioritize speed, efficiency, and the ability to launch custom blockchains securely and effortlessly.

Original source:tokenpost

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