• 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

Intel Reports $600 Million Loss Amid Foundry Challenges

chest

Intel reported a net loss of $600 million for the quarter, raising concerns about its foundry business and future client acquisition.

user avatarMiguel Rodriguez

Intel's Stock Plummets After Weak Q1 Forecast

chest

Intel's stock fell 6% in after-hours trading following a disappointing first-quarter revenue forecast despite beating Q4 estimates.

user avatarLuis Flores

Enhancing Cryptocurrency Security Through Device Isolation

chest

Using separate devices for cryptocurrency activities enhances security by isolating sensitive operations from everyday tasks.

user avatarArif Mukhtar

Ethereum Price Shows Bullish Setup with Potential Rally

chest

Ethereum's daily chart indicates a bullish setup that could lead to a 16% increase towards $3,500.

user avatarAndrew Smith

PlayStation Rumored to Add Zcash Payments by 2026

chest

Rumors suggest PlayStation may integrate Zcash (ZEC) as a payment option on its network by June 2026.

user avatarDavid Robinson

Indonesia's Crypto Market Hits 3132B in Volume in 2025

chest

Indonesia's crypto market reached a trading volume of 3132 billion in 2025, reflecting a growing appetite for digital assets and generating significant tax revenue.

user avatarMaria Gutierrez

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.