• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Celestia and Polygon Labs join forces to transform layer 2 dynamics

Celestia and Polygon Labs join forces to transform layer 2 dynamics

user avatar

by Liza Tanasova

2 years ago


Celestia and Polygon Labs have joined forces to integrate Celestia’s data availability layer with Polygon’s Chain Development Kit (CDK), signaling a significant advancement for Layer 2 projects within the Polygon 2.0 ecosystem. This collaboration is particularly beneficial for projects like OKX, Immutable, Astar, IDEX, and Palm Network, all of which operate as interoperating Layer 2 chains within the Polygon ecosystem.

Layer 2 networks, built using Polygon’s CDK, leverage zero-knowledge rollup technology, consolidating off-chain transactions onto the mainnet. The challenge lies in Ethereum's lack of a specific execution environment for its Data Availability (DA) layer, leading to on-chain processing and storage of data indefinitely, resulting in higher gas fees for Layer 2 solutions.

Celestia's innovative approach provides a solution to this challenge by offering storage bandwidth to multiple Layer 2 networks concurrently. This allows networks to operate light nodes and facilitates streamlined DA verification without overwhelming the network. In the words of Polygon co-founder Sandeep Nailwal, "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."

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Higher Salaries Needed for Home Loans Amid Rising Prices

chest

Higher salaries are needed for home loans as rising prices make it difficult for many Americans to qualify.

user avatarTomas Novak

Federal Appeals Court Rules in Favor of Kalshi

chest

A federal appeals court in Philadelphia ruled that New Jersey cannot regulate Kalshi's prediction market under state gambling laws.

user avatarKaterina Papadopoulou

Shah Highlights Silver Narrative for Litecoin

chest

Crypto analyst Shah emphasizes the silver narrative for Litecoin, focusing on the LTC/BTC ratio and potential price movements.

user avatarMaya Lundqvist

South Korea Mandates Real-Time Asset-Matching Systems for Crypto Exchanges

chest

The Financial Services Commission of South Korea mandates all domestic crypto exchanges to implement a new asset-matching system by the end of May 2023, shifting from 24-hour cycles to a 5-minute regime to enhance compliance and reliability.

user avatarLeo van der Veen

Growing Interest in Altcoins as Market Sentiment Shifts

chest

Growing interest in altcoins as market sentiment shifts, with Grayscale suggesting several altcoins may have entered a buy zone.

user avatarLi Weicheng

Indonesia Blockchain Week 2026 Set to Return

chest

Indonesia Blockchain Week IDBW, Southeast Asia's leading institutional Web3 conference, will return for its sixth edition on August 12-13, 2026, at the Jakarta International Convention Center.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.