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Dan Romero
@dwr.eth
ok I'll bite — what is celestia?
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woj ツ
@woj.eth
celestia is a blockchain designed to be used purely by rollups in theory it should allow to launch rollups with very cheap (and secure) fees eg base could be deployed as an OP Stack rollup but post data to celestia instead of ethereum closes competitors are EigenDA / Polygon Avail / ETH after 4844 (none is live yet)
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Dan Romero
@dwr.eth
What's the most successful roll up using Celestia? Do people consider Celestia an Ethereum competitor? Is Celestia POS? How decentralized / secure? Is it EVM or something else?
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woj ツ
@woj.eth
good questions 1. none, celestia launched a month ago but i haven't heard of anything deployed on it yet 2. its confusing i guess it is an eth competitor but celestia people really like eth and pretend like its not? 3. no evm, no smart contracts, just blob data for rollups.
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woj ツ
@woj.eth
no idea on decentralization either, it just launched, gave big airdrops to developers, did a 10x run up in the token price and thats literally it
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shazow
@shazow.eth
There's some designs where rollups benefit from both, like using celestia (or other DA layers) for intermediate security (very fast checkpoints/confirmations) and Ethereum for ultra hard security (less frequent checkpoints, failure mode governance override, etc).
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Sebastian Bolaños
@nixified.eth
> 2. Celestia folks like Ethereum because it is their market. If Ethereum thrives, the chances of Celestia thriving goes up.
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