What is Celestia Network | 2022
What is Celestia Network | 2022
- The Celestia Network is the first modular consensus and data network to power scalable, secure Web3 applications.
- Celestia is a modular data availability layer built for rollups to utilize. Celestia doesn’t function like a typical layer 1 blockchain. Its only job is to order transactions and verify that the data being published is available. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.
Advantages of Celestia Network | 2022
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Deploy a blockchain as easily as a smart contract
- Celestia provides consensus and security on-demand, enabling anyone to deploy a blockchain without the overhead of bootstrapping a new consensus network.
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Scaling made simple with data availability sampling
- Because Celestia does not validate transactions, its throughput is not bottlenecked by state execution like traditional blockchains. Thanks to a property of data availability sampling, Celestia’s throughput scales with the number of users.
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Secure interoperability for all Celestia chains
- Blockchains built on top of Celestia do not rely on honest majority assumptions for state validity, meaning that they can interoperate with the highest security standards.
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Choose your own execution environment
- Since Celestia does not impose any execution logic, developers are free to define their own execution environments. Celestia will support all flavors of rollups, but we are initially focused on the EVM and Cosmos SDK.
How does Celestia Protocol work | 2022
- Celestia is a minimal blockchain that only orders and publishes transactions and does not execute them. By decoupling the consensus and application execution layers, Celestia modularizes the blockchain technology stack and unlocks new possibilities for decentralized application builders.
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Traditional monolithic architecture
- Developers can only use programming languages supported by chain’s execution environment
- All applications run on the same process (the world computer model), with shared gas resources
- Smart contracts cannot be updated without a hard fork
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Celestia-enabled modular architecture
- Developers can effortlessly define their own virtual execution environments; similar to virtual machines
- Each application gets its own sovereign execution space, while inheriting the security of Celestia’s consensus
- Applications can be updated without main chain hard forks
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Celestia and Cevmos | 2022:
- Learn more about Cevmos. Celestia is working with Evmos to build an optimal settlement layer for EVM rollups.
The Celestia Network Roadmap | 2022:
- Below you will find Celestia Network Roadmap 2022 and beyond.
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Celestia Network Roadmap 2022
Celestia Network | Top 20 links to follow
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Celestia Network Website
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Celestia Twitter
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Celestia FAQ
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Join Celestia Community
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Celestia Blog
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Celestia Github
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Celestia Careers
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Celestia Forum
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Celestia LinkedIn
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Celestia Technology
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Celestia Resources
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Celestia Guidelines
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Celestia Discord
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Celestia Telegram
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Celestia Youtube
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Celestia Team
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Celestia Newsletter
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Celestia Interview
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Celestia Cevmos
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Celestia Testnet
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Celestia Whitepapers
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Co-founder of Celestia Org and CEO of Celestia Labs - Mustafa Al-Bassam.
The Celestia Network Videos to watch | 2022:
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Summary: What is Celestia Network | 2022:
- In this article, we share a deep dive about the Celestia Network and the most relevant links to follow this exciting project. Celestia Network by Celestia Labs is not a typical layer 1 blockchain. Celestia is a minimal blockchain that only orders and publishes transactions and does not execute them.
- Celestia is a modular data availability layer built for rollups to utilize. Celestia doesn’t function like a typical layer 1 blockchain. Its only job is to order transactions and verify that the data being published is available. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.
- Because Celestia does not validate transactions, its throughput is not bottlenecked by state execution like traditional blockchains. Thanks to a property of data availability sampling, Celestia’s throughput scales with the number of users.
- We hope this article helps you to learn more about Celestia Network and the unique architecture behind it.
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Enjoy your crypto projects journey with DezentralizedFinance.com!
- Find more valuable information about the Cosmos Network and IBC ecosystem, Top 80 VCs and our Staking Networks Overview at DezentralizedFinance.com.
- Stay tuned – we will publish an interview with Celestia Network very soon!
- RISK DISCLAIMER: All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article’s content solely reflects the opinion of the writer, who is not a financial advisor. Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value, also to zero. Holding cryptocurrencies, NFTs or digital assers is very risky. You can lose 100% of your funds!
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