The rise of decentralized applications (dApps) has strained traditional blockchain networks, leading to scalability issues and high transaction fees. This has hindered the widespread adoption of blockchain technology and its potential to transform various industries.
Modular blockchain protocols such as Celestia have emerged to address the challenges of scalability and data availability for dApps. This blog post will delve into Celestia's innovative approach to resolving these issues, which can lead to a more efficient and secure future for blockchain technology.
Celestia is a modular blockchain network designed to address scalability issues. This network separates execution from consensus and employs data availability sampling (DAS) as a key feature.
Rollups and L2s use the Celestia network to publish transaction data, providing high-throughput data availability that can be easily verified using a light node.
Making the blockchain stack modular allows anyone to launch their blockchain without needing a validator set.
Celestia's mainnet was launched on October 31, 2023, marking the beginning of the 'modular era' in the blockchain industry. But what does it mean, and why is it essential for cryptocurrency?
Blockchain modularity is a design approach that divides traditional monolithic blockchains, which handle all tasks in one chain, into specialized, interconnected modules. The first-generation blockchains such as Bitcoin (BTC) and Ethereum (ETH) were designed to perform all the necessary functions of a blockchain, including data availability, consensus, execution, and settlement. These are also known as monolithic blockchains.
Meanwhile, modular blockchains are specialized and optimized to perform a specific function. Blockchain modularity aims to provide an optimized infrastructure to help blockchains achieve mass scale. The modular design also intends to make it easier and faster for developers to deploy new blockchains and dApps.
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