Celestia co-founder Ismail Khoffi revealed that developers and communities will soon be able to effortlessly deploy their own customized blockchains. Speaking at Korean Blockchain Week 2022, Khoffi explained that Celestia aims to separate the consensus and application execution layers to empower decentralized app builders with new possibilities. Celestia is essentially a simplified layer-1 blockchain that provides users with the necessary infrastructure for easy blockchain deployment or layer-2 rollup. Khoffi compared the project to Amazon Web Services, where users can write their code, click a button, and deploy it for immediate use. Similar to Ethereum’s rollup-centric approach, Celestia is designed with modularity and customizable features, allowing users to choose their execution environments. Communities can select their preferred settlement layer or even launch their own sovereign rollup. Khoffi emphasized that Celestia was created to give online communities a sense of sovereignty and the freedom to launch their own blockchains without relying on Ethereum’s governance and design choices. This provides decentralized autonomous organizations (DAOs) the opportunity to establish their own blockchain and define its operation rules while benefiting from Celestia’s infrastructure and security. The Celestia Testnet was introduced in May 2022, and the team plans to launch the Mainnet in 2023 after addressing optimizations and bug fixes. Despite not having issued a token yet, Celestia has already generated significant excitement within the industry.
Trending
- KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
- Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
- Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
- Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
- Yemenis are embracing DeFi in response to US sanctions on the Houthi group
- Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
- Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support
- Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’