TL;DR
- Ethereum scaling solution Starknet announces its collaboration with Celestia to enhance data availability for Layer 3 chains.
- The partnership will enable Starknet to utilize Celestia for data storage, aiming to reduce gas costs.
Starknet and Celestia Team Up To Reduce Transaction Costs
A leading player in Ethereum’s (ETH) scaling solutions, Starknet announces a strategic partnership with Celestia.
The collaboration will enhance data availability for Layer 3 chains in the Starknet ecosystem. In a post on social media X, Starknet stated it plans to leverage Blobstream—a vital Celestia (TIA) ecosystem component.
Blobstream is a data availability layer that provides a secure off-chain storage solution for vast volumes of data. Moreover, it provides evidence of the existence of data that can be verified.
The partnership will allow Starknet to use Celestia for off-chain scaling solutions to minimize transaction fees.
Starknet developers will port Celestia Blobstream to Cairo—a primary programming language to enhance the development of Layer 3 appchains.
Layer 3 blockchains are easily customizable. They are also application-specific and built on top of Layer 2 protocols.
Most Decentralized applications (DApps) utilize them when they need tailored features, including privacy and maximum scalability.
Settling high throughput appchains on Starknet with Celestia as a modular DA is a game-changing combination.
Starknet stated.
Partnership to Enhance Ethereum Scalability
Starknet and Celestia’s collaboration marks a significant milestone in developing level 3 appchains.
These chains demonstrate the journey towards developing the blockchains that have already surpassed level 2 solutions.
Starknet decision to use Celestia DA technology highlights the centrality of this new player in changing blockchain scalability.
Celestia has innovated the process of attaining data necessary for validating transactions. It is quickly done with the Data Availability Sampling (DAS) method.
This is the random sampling of data, allowing network validators to confirm the availability and integrity of a data set.
The result will be a massive increase in productivity and efficiency. The process is quicker than verifying the complete set of data valid for the transaction.
Starknet joins Polygon and Arbitrum in integrating Celestia into their Layer 2 development kits. In addition, Layer 2 projects like Manta Pacific, Aevo, and ZKFair used this Data Availability to develop Validiums.
It’s a scaling solution that combines zero-knowledge proofs with an external DA.
Polkadot has also shifted to revolutionize the blockchain experience with Core Play and Core Jam to improve the developer’s journey.
Starknet’s Token Yet to Hit the Market
Although the news has attracted attention, the biggest worry for the project is that there’s no news for the launch of STRK. This is the local token of the project.
In Dec 2023, Starknet had planned to allocate 1.8 billion STARK tokens to teams contributing to the project’s development.
It was supposed to hit the market in the first quarter of 2024. However, there are no new developments for now.
Stories relating to tokens and airdrop activities sparked much controversy for the Starknet. It led to the project manager apologizing publicly for his hideous remarks.
In any case, the interest of users expecting to win airdrops for using Starknet’s network has so far decreased.
This promising collaboration would make Starknet the preferred network for appchain developers.
Will Starknet become the preferred network for appchain developers?