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Project roadmap unveiled by Celestia: Proposal for 1GB blocks revealed 🚀✨

Project roadmap unveiled by Celestia: Proposal for 1GB blocks revealed 🚀✨

Celestia Unveils Ambitious Roadmap for Scalability 🚀

Celestia, the innovative modular blockchain recognized for its rollup data storage capabilities, has released the specifics of its development plan. The project hints at a potential enhancement with the introduction of 1-gigabyte blocks, marking a pivotal advancement that could notably escalate its effectiveness.

This signifies an ambitious scaling target, positioning Celestia to exceed the transaction processing abilities of widely used electronic payment systems like Visa. Concurrently, the TIA token, essential to its framework, will encounter significant challenges moving forward.

Let’s explore this exciting development in greater detail.

Roadmap Reveals Plans for Storing 1 GB Blocks 🌟

Celestia has officially shared its roadmap, outlining the desire to elevate its block storage capacity to a notable 1 gigabyte. Following the completion of 24 enhancement proposals and conducting 16 discussions among key code contributors, Celestia has established its future direction.

As the project gears up for the upcoming “Lemongrass” update, which will enable TIA to work with IBC chains, significant attention is being placed on scalability. The ultimate goal is to broaden the reach of high-efficiency applications across various Virtual Machines, not confined solely to Ethereum.

The initial step listed in the roadmap aims to expand the block sizes. By incorporating 1-gigabyte blocks, the network intends to dramatically enhance processing capabilities and overall data management for rollups. This transition is expected to exceed the transaction accommodation levels currently maintained by Visa, which is known to process approximately 24,000 transactions per second (TPS).

To attain this ambitious target, Celestia is set to integrate a variety of technical advancements, including:

  • Membrool addressable content
  • Compact blocks
  • Optimization of CometBFT block propagation
  • Internal sharding nodes

This level of enhancement will empower the development of diverse decentralized applications that require external data, unlocking the blockchain’s full potential. As noted in Celestia’s own communication:

“This unlocks applications and on-chain capabilities previously considered unachievable, such as verifiable web applications and fully on-chain games.”

Three Core Aspects of Celestia’s Roadmap 🗺️

The strategy to create 1-gigabyte block capacity within Celestia revolves around three primary focus areas.

The first aspect concentrates on enhancing data availability throughput by establishing an ecosystem with ample block space. Achieving the capacity for these significant blocks necessitates optimizing the consensus network to achieve peak performance.

Furthermore, for broader sampling opportunities, the modular architecture needs to enhance its data availability infrastructure. The objective is to permit nodes to operate on devices with limited performance or in background wallet applications.

The second focal area of the roadmap emphasizes the creation of verifiable empty space, enabling contributions from users across any device. By utilizing “light nodes,” users can independently verify the legitimacy of the block space maintained by Celestia. This improvement enhances security and reduces reliance on third-party organizations or centralized systems, thereby maximizing trustworthiness.

The final point involves streamlining block space usage for developers of rollups and users. This goal can be segmented into the following three sub-targets:

  • Enhancing resource streaming flexibility
  • Improving the development experience
  • Facilitating data transmission

Simply put, minimizing friction during the storage and usage phases of blocks is crucial. Celestia aims to enhance interoperability among rollups, ensure an optimal user experience, and scale data streaming blobs. With this roadmap, the modular network has extensive prospects for developing high-performance decentralized applications in the future.

 The transformation in blockchain technology appears to be approaching rapidly.

Celestia Gains Market Share Amid Competitive Landscape for Data Availability 📈

As Celestia announces its roadmap and ambitious plans for 1-gigabyte blocks, its infrastructure has witnessed substantial progress. Data provided by Blockworks indicates that Celestia has seen its market share for Ethereum rollup data availability grow by 20% in recent months.

Specifically, over the last three months, it has increased its market dominance to 40%, solidifying its position as the leading infrastructure within this niche sector. Complementarily, other important metrics have also shown marked increases, including:

  • An 81% rise in the growth rate of published data
  • A 48% increase in the number of nodes dedicated to data availability (from 600 to 890)

Since its inception, Celestia has surpassed the benchmark of 50 GB of total published data across its blockchain.

However, these figures should be viewed within the context of the increasing competition for data availability in the cryptocurrency arena.

Major competitors include EigenDA, which has recently formed a partnership with the cloud platform Conduit, allowing it to temporarily escalate its block size from 2 MB to 16 MB. While this capacity remains significantly lower than Celestia’s anticipated 1 GB, it still represents a potential threat.

EigenDA is also striving to reduce operational costs for layer-2 chains significantly, escalating the competition further. Other contenders such as Near and Avail possess robust infrastructures, presenting additional challenges in the data management domain. Notably, Avail employs a unique approach to modularity, aiming to mitigate liquidity fragmentation.

As the industry continues to evolve, the prospects for Celestia and other players remain to be seen, shaping the future landscape of blockchain technology.

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Project roadmap unveiled by Celestia: Proposal for 1GB blocks revealed 🚀✨