
“I think the ecosystem is sleeping on the fact that it’s uncomfortably close to a ceiling,” cautions the Ethereum co-founder.
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The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
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Eclipse aims to bring “Web2 scale to Web3” by combining the best of Ethereum security, Solana’s speed, and Celestia’s data storage capabilities.
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The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.
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With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients.
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Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability.
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Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape
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Celestia will become an option for data availability within the Polygon CDK software.
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Avail launched a bridge to transmit data availability attestations to Ethereum, potentially allowing for lower fees on some layer 2s.
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Zero knowledge rollups hold great promise for scaling blockchains but the technology requires certain provisions to ensure its success.
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