The Celestia Labs team has completed the deployment of a beta version of the mainnet called Lemon Mint.
Celestia mainnet is live ✨ pic.twitter.com/Sd6CsU2dwL
— Celestia (@CelestiaOrg) October 31, 2023
The blockchain will allow rollups and other modular chains to use Celestia to ensure data availability and consensus.
Lemon Mint will offer a new scaling method – nodes will be able to confirm the availability of data without having to download the entire set for a specific block.
“Celestia is the first modular blockchain that reliably scales depending on the number of users. This makes it possible for anyone to create their own network,” — commented Ekram Ahmed, a representative of the Celestia Foundation.
Celestia’s architecture is designed to allow its nodes to simultaneously reach consensus across multiple networks when executing off-chain transactions.
Separation is achieved by clearly isolating the consensus and execution levels.
This configuration allows Celestia to focus primarily on creating an organized and systematic approach to data storage, leaving transaction execution to individual chains.
In October 2022, Celestia Labs raised $55 million in a round led by Bain Capital Crypto and Polychain Capital.
Let us recall that in March the company separated the developed modular structure Rollkit to support roll-ups on the Bitcoin blockchain into a separate line of business.
Previously, a number of exchanges, including Binance, announced support for the TIA token.
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2023-10-31 16:21:29
#developers #launched #modular #mainnet #Celestia
