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Celestia: 1Gb Blocks, Rollup Interoperability & Lazy Bridging. Ismail Khoffi & Mustafa Al-Bassam

Episode Summary

We were joined by Mustafa Al-Bassam and Ismail Khoffi, co-founders of Celestia, to discuss the L2 landscape and how Celestia’s high-performant blockspace unlocks on-chain apps for billions of users.

Episode Notes

As Ethereum’s roadmap shifted to a rollup-centric approach, a plethora of rollups have been launched, to the point where L3s have been conceptualized. Celestia sits at the forefront of modularity as it aims to replace the monolithic blockchain architecture with specialized layers that are more suited for scalability and customization. As a result, Celestia strictly focuses on data availability to accommodate the recent rollup expansion, as data storage represents the largest portion of fees on L2s. The Lemongrass upgrade lays the foundation for further use cases being enabled through Celestia, mainly revolving around interoperability and zk proof enabled ‘lazy bridging’. 

Topics covered in this episode:

• The vision behind Celestia
• Rollup architecture
• Centralised sequencers and the role of fraud proofs
• Celestia’s market share
• Rollkit & sovereign rollups
• Governance & light clients
• The importance of decentralisation: L1s vs. rollups
• Celestia’s data availability capacity
• Latency & Celestia block times
• Interoperability & ‘lazy bridging’
• The Lemongrass upgrade
• On-chain economics & value accrual
• Interchain accounts on Celestia
• Crypto’s mainstream adoption
• Future roadmap

Episode links:

• Mustafa Al-Bassam on Twitter
• Ismail Khoffi on Twitter
• Celestia on Twitter

Sponsors:

• Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
• Chorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.one

This episode is hosted by Brian Fabian Crain.