Unchained

Why the Celestia Team Sees a Future With 10,000 Roll-Ups - Ep. 610

Listen Later

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Celestia, a data availability layer for blockchains, was launched last October to much fanfare. The platform takes a modular approach to blockchains, allowing developers to post data onto it without the need for smart contracts or execution. This makes it extremely useful for scaling roll-ups and other layer two technologies. 

Celestia co-founder Mustafa Al-Bassam and COO Nick White join Unchained to discuss what Celestia is and how it works, how data availability sampling allows for more scalability, how Celestia compares with other data availability layers, whether Celestia could become a data availability layer for Bitcoin, and comparisons between Celestia and Solana. 

Show highlights:
  • Mustafa’s background and how his project called Lazy Ledger ended up becoming Celestia
  • Nick’s vision for modular blockchains
  • Why Mustafa believes in the “10,000 roll-up” endgame
  • Why Mustafa thinks that gaming and NFT chains work better on a modular blockchain
  • What Celestia is and how it resembles the publication of an article in a newspaper
  • What data availability sampling (DAS) is and how it works to ensure that the data is available and accurate for validators
  • How DAS allows for more scalability
  • What types of applications can be built with this type of modular architecture
  • Mustafa’s explanation of the concept of Blob stream and blob space
  • How a roll-up can be an independent or sovereign layer, not just a layer 2 to a layer 1
  • How Celestia competes with other DA layers, like the future EigenDA
  • The role of the TIA token in the Celestia ecosystem 
  • How Mufasa hacked the CIA when he was 16 years old and how he transitioned into crypto
  • Whether Celestia could become a DA layer for Bitcoin layer 2 roll-ups
  • Whether Solana could end up becoming an Ethereum layer 2 using Celestia for data availability 
  • The proposal to extend the functionality of Celestia without smart contracts in the base layer 
    • Thank you to our sponsors!
    • Popcorn Network
    • Polkadot
      • Guests:
      • Nick White, COO at Celestia Labs
      • Previous appearances on Unchained: Three Crypto Pioneers on Crypto’s Monolithic vs. Modular Debate
      • Mustafa Al-Bassam, cofounder and CEO at Celestia Labs
        Links

        Modular vs. monolithic

        • Alchemy: Modular vs. Monolithic Blockchains
        • Visa: Monolithic vs. modular blockchain
        • Chris Burniske’s tweet on modular vs monolithic
        • “The horrific inefficiencies of monolithic blockchains” by polynya
        • Blockworks: A spicy salvo launched in the monolithic vs modular debate
        • Unchained: What Is the Blockchain Trilemma?

          • Celestia

          • Celestia’s explanation of modular blockchains
          • Data availability
          • Data availability sampling
          • An introduction to sovereign roll-ups

            • Learn more about your ad choices. Visit megaphone.fm/adchoices

            ...more
            View all episodesView all episodes
            Download on the App Store
            UnchainedBy Laura Shin
            • 4.6
            • 4.6
            • 4.6
            • 4.6
            • 4.6

            4.6

            1,182 ratings

            More shows like Unchained

            View all
            CoinDesk Podcast Network by CoinDesk

            CoinDesk Podcast Network

            641 Listeners

            The Pomp Podcast by Anthony Pompliano

            The Pomp Podcast

            1,837 Listeners

            The Breakdown by Blockworks

            The Breakdown

            747 Listeners

            On The Brink with Castle Island by Castle Island Ventures

            On The Brink with Castle Island

            288 Listeners

            What Bitcoin Did by Danny Knowles

            What Bitcoin Did

            254 Listeners

            Bankless by Bankless

            Bankless

            1,045 Listeners

            The Wolf Of All Streets by Scott Melker

            The Wolf Of All Streets

            233 Listeners

            Empire by Blockworks

            Empire

            168 Listeners

            Supply Shock by Blockworks

            Supply Shock

            112 Listeners

            Coin Stories by Natalie Brunell

            Coin Stories

            427 Listeners

            Raoul Pal: The Journey Man by Real Vision Podcast Network

            Raoul Pal: The Journey Man

            126 Listeners

            The Milk Road Show by The Milk Road Show

            The Milk Road Show

            40 Listeners

            web3 with a16z crypto by a16z crypto, Robert Hackett, Sonal Chokshi

            web3 with a16z crypto

            62 Listeners

            Bell Curve by Blockworks

            Bell Curve

            32 Listeners

            1000x by Blockworks

            1000x

            5 Listeners