Merge

Polygon

Read

Celestia

<div class="cryptonews">
 <p class="is-style-lead">Celestia and Polygon Labs have partnered to integrate Celestia’s data <a rel="noopener noreferrer nofollow" title="availability" href="https://thebittimes.com/tag/availability.html">availability</a> <a rel="noopener noreferrer nofollow" title="layer" href="https://thebittimes.com/tag/layer.html">layer</a> with Polygon’s Chain Development Kit.</p>
 <p>This partnership marks a step in advancing the capabilities of Layer 2 projects like OKX, Immutable, Astar, IDEX, and Palm Network, which are part of Polygon 2.0 – an ecosystem designed for inter-operating Layer 2 chains.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">Get ready, modular community.<br><br>Build whatever… with zk.<br><br></p>— Polygon (Labs) (@0xPolygonLabs) December 11, 2023
   </blockquote>
  </div>
 </figure>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Layer 2 projects experiencing a boom after The Merge
 </div>
 <p>Layer 2 networks, mainly those built using Polygon’s CDK, utilize zero-knowledge rollup technology. This method involves aggregating transactions off-chain and consolidating them on the mainnet. Data <a rel="noopener noreferrer nofollow" title="availability" href="https://thebittimes.com/tag/availability.html">availability</a> verification is key to this process, which ensures all network participants can access and validate data stored off-chain.</p>
 <p>However, a challenge presents itself with Ethereum, the underlying platform for many of these chains. Ethereum (ETH) lacks a specific execution environment for its Data Availability (DA) <a rel="noopener noreferrer nofollow" title="layer" href="https://thebittimes.com/tag/layer.html">layer</a>, leading to nodes having to process and store data on-chain indefinitely. This results in higher gas fees for Layer 2 solutions.</p>
 <p>Celestia’s (TIA) approach brings a data <a rel="noopener noreferrer nofollow" title="availability" href="https://thebittimes.com/tag/availability.html">availability</a> solution. It offers storage bandwidth to multiple Layer 2 networks simultaneously, allowing networks to operate light nodes. This method streamlines DA verification without overwhelming the network.</p>
 <p>“Combined with interoperability and unified liquidity provided by Polygon 2.0, Celestia’s out-of-the-box solution will make creating new L2 chains as simple and affordable as deploying a smart contract,” Polygon co-founder Sandeep Nailwal said in a release.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Celestia mainnet launched, token tops social trend charts
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/celestia-collaborates-with-polygon-cdk-for-data-availability-layer-integration-tbt73469.html">https://thebittimes.com/celestia-collaborates-with-polygon-cdk-for-data-availability-layer-integration-tbt73469.html</a></p>

Celestia collaborates with Polygon CDK for data availability layer integration

TheBitTimes

Other articles published on Dec 12, 2023

Binance Adds New Altcoin: A Tribute to Satoshi Nakamoto

Injective (INJ) Price Forms a New ATH: Will It Outperform Major Cryptos Like Bitcoin or Ethereum?

Bitcoin (BTC) Spurs Investor Interest In Coinbase; InQubeta Thrives In Presale With Over $6.6 M R...

Bitcoin, Ethereum, and Ripple: Are They Starting a Rally?

Experts Name The Most Promising Altcoins For 2024

XRP Price Prediction as XRP Eyes Fresh Rise from $0.600 Support – A New Rally Ahead?

Join our free newsletter for daily crypto updates!