Celestia’s Building the Multi-Chain Universe with Nick White | Alpha Leak
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 23 March 2022
⏱️ 60 minutes
🧾️ Download transcript
Summary
Nick White is the COO of Celestia Labs. Celestia is the first modular blockchain network. If you have no idea what that is, you’re in luck! Celestia wants it to be as easy to deploy blockchains as it is smart contracts.
Nick and David cover all things modular blockchains, the network effect that happens as a result of this multi-chain universe, what the far away distant future might look like, and so much more!
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Topics Covered:
0:00 Intro
4:00 What is Celestia
5:30 Types of Blockchains
9:30 How Celestia Modularizes
16:15 Rule Checking
19:40 How Rollups Work
21:10 Different Kinds of Layers
27:31 Prices & Data Availability Sampling
40:00 Celestia’s Blockspace
42:01 Fees & Nodes
45:35 Goals of Celestia
51:43 Celestia Vampire Attack?!
53:20 The Future of Modular Blockchains
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Resources:
Nick’s Twitter
https://twitter.com/nickwh8te
Celestia’s Website
https://t.co/oaUV9NvYwH
Celestia’s Twitter
https://twitter.com/CelestiaOrg
John Adler Delphi Podcast
https://podcasts.apple.com/au/podcast/celestia-the-worlds-first-modular-blockchain-network/id1438148082?i=1000552936346
Celestia’s Discord & Telegram
https://discord.com/invite/YsnTPcSfWQ
https://t.me/CelestiaCommunity
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Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
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| 0:00.0 | What Celestia enables, again, is experiment, more experimentation. |
| 0:04.0 | Like, it'll be, it'll increase the speed at which people can spin up new blockchains |
| 0:08.9 | and try new things in the experiment, which I think will overall increase the |
| 0:12.7 | around of innovation in the space. |
| 0:17.1 | Hey, Bangladesh Nation. Welcome to this edition of AlphaLeak. |
| 0:20.8 | AlphaLeak is actually just meet the nation, rebranded into a little bit more of an exciting name. |
| 0:25.2 | So this is where we'd go and dive deep into various projects that catch my attention around |
| 0:30.6 | in the cryptosphere. Today we are talking to Nick White from Celestia. |
| 0:35.2 | And Celestia is a layer one blockchain that's living inside of the modular blockchain paradigm. |
| 0:42.0 | So Celestia and all the people behind it, I think, are just very committed to this whole modular |
| 0:47.5 | blockchain thesis, which both me and Ryan are definitely aligned on. We think that the long-term |
| 0:52.4 | conclusion of this cryptocurrency space, however it may be, will be modular, Ethereum or |
| 0:58.8 | if we're a different chain, like perhaps Celestia. So let it be known that we are not |
| 1:03.4 | eth-maxies. We're actually modular blockchain-maxies, which is why we're talking to Nick |
| 1:08.2 | from the Celestia team here today. I've already kind of given the pitch for Celestia. It's even more |
| 1:13.6 | modular than Ethereum is in its current shape. And so Nick does a fantastic job at walking us |
| 1:19.1 | all the way through the design architecture of Celestia. It's differences in similarities to |
| 1:25.2 | Ethereum, what it's optimized for, how it's going to do cross-chain, multi-chain stuff, |
| 1:31.3 | how consensus works, all of that deals. So it's relatively technical of a show. But if you are here |
| 1:37.8 | to learn about Celestia, this is going to be the perfect show for you. And so let's go ahead and |
| 1:42.3 | get right into this alpha-league episode with Nick White of Celestia. Right after we talk about |
| 1:46.8 | some of these fantastic sponsors, then make the show possible. Living a bankless life requires |
... |
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