Bankless Celestia’s Building the Multi-Chain Universe with Nick White | Alpha Leak
Mar 23, 2022
Nick White, COO of Celestia Labs, dives into the groundbreaking world of modular blockchains. He explains how Celestia's innovative design makes deploying blockchains as simple as creating smart contracts. The conversation explores the potential for enhanced scalability, security, and cross-chain communication. White discusses the separation of consensus and data availability, and how this could redefine the blockchain landscape. Get ready for insights on the future of decentralized technology and what a multi-chain universe might look like!
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Modular Blockchain Thesis
- Separate blockchain execution and consensus.
- This allows for diverse execution environments and scalability.
Celestia's Execution Modularity
- Celestia's modularity allows developers to choose any execution environment.
- This flexibility promotes innovation, similar to how Ethereum enabled diverse dApps.
Celestia's Role in Validation
- Celestia doesn't validate transactions; Layer 2 rollups do.
- Rollups employ validity or fraud proofs to ensure transaction validity.