Celestia bouta makes Eth L2 as cheap as Solano and returns this $100 million savings to users and developers, with Celestia@arbitrum’s $53 million DA fee becoming a mere $30,000 datalenses.zone/chain/celestia ...Support of tia11.6~
Celestia officially releases OP Stack x Celestia as Ethereum fallback solution, tldr: 1. Ethereum fallback is a mechanism that allows Ethereum Layer 2/Layer 3 to reuse Ethereum call data and use data availability when Celestia is down, which can prevent funds from being trapped on the Layer 2 bridge. 2. Currently Celestia supports this feature on OP Stack and Arbitrum Nitro, which is an optional feature. 3. When an error occurs when the Layer2 sorter uses PayForBlobs transactions, it will fall back to Ethereum and use Ethereum DA. After the interruption is resolved, it will resume sending data to Celestia. https://docs.celestia.org/developers/ethereum-fallback
Celestia just announced an Ethereum fallback mechanism.
But does this mean?
“Blobstream” launched by @CelestiaOrg has brought the rise of Celestia rollups to the Ethereum ecosystem.
Today, teams can deploy their own Celestia x Ethereum L2 using @optimismFND’s OP Stack or @arbitrum Orbit rollup framework. In fact, RaaS like @Calderaxyz and @alt_layer are making this process seamless for developers.
In short, this “Ethereum fallback” mechanism reduces the risk of downtime for teams deploying their own Celestium.
If for some reason Celestia goes down, L2 can start publishing its data to Ethereum, "or another DA layer." Once the issue on Celestia is resolved, L2 will re-publish its data on Celestia's data publishing network.
Overall, “this mechanism ensures that users can continue to transact securely and seamlessly, prevents outages, and helps ensure that user funds are not trapped in Ethereum’s L2 bridge.”
Reasons to be optimistic about SOL Visa expands cross-border payments for SOL Grant Program Solang Neon EVM Artificial Intelligence If the price returns to around 45-38, you can consider owning it.
Reasons to be optimistic about RNDR The best GPU benchmarks in the crypto world Global investment management firm holds RNDR Hype and blessing, long-term quality product You can consider owning it when the price reaches around 2.2-1.9!
Tia may be the biggest dark horse in the market You can use Celestia to deploy your own public chain This is Solana for the next bull run When the price reaches around 3.7-4.7, it is worth considering owning it.
AVAX focuses on RWA Cooperate with JPMorgan Chase, JP Morgan’s total assets are US$5.5 trillion Cooperate with Citibank for foreign exchange solutions Avax transaction speeds, low fees and technology When the price reaches around 11.5 again, it is a buying point.
$PYTH will be another major release in the near future after $TIA .
$PYTH is trading at $0.31 on Kucoin pre-market OTC. Can this price level be maintained after the official launch? Should you hold $PYTH long-term? Let's take a look.
What I love most about the modular ecosystem is that in the past year, there have been so many fresh ideas and projects invented around various protocols, infrastructure, cryptography, mechanism design, applications, etc. It feels like the early days of Bitcoin currency forum, and today’s Ethereum and Plasma era.