22nd GM Radio held
On the 21st “GM Radio” distributed by CoinPost Global on the 18th, Mr. Nico Lechuga, general partner of “ego death capital” was invited as a guest, and an interview was conducted on the theme of “Investment in Bitcoin Layer 3”. bottom.
You can listen to the archive via the link in the tweet below.
👥Our guest will be General Partner Nico Lechuga (@nico_lechuga)
🎙️Tune in to hear about ego death’s unique investing philosophy and some of the most exciting projects building on Bitcoin!https://t.co/4ZagTqmoVt pic.twitter.com/BV5y1IT8Ht
— CoinPost Global (We’re hiring!) (@CoinPost_Global) April 13, 2023
The 22nd GM Radio will be streamed on Friday, April 21st at 10:00 on the CP_Global Twitter space. This time we invite Nick White, COO of Celestia Labs, as our guest.
The company has developed a blockchain called Celestia. Celestia Labs consists of members familiar with projects such as Ethereum (ETH) and Cosmos (ATOM).
The company’s mission is to change the way blockchains and dApps (decentralized apps) are built. Specifically, we aim to further improve security, scalability, and independence.
The company envisions a world in which global communities can stand on their own without being burdened by existing power structures. Blockchain technology is used to build such a world.
Our guest, Mr. White, is also the co-founder of the blockchain project Harmony Protocol. Before that, he worked in Hong Kong as a Senior AI Specialist.
What is Celestia
Celestia is a modular blockchain with a mainnet launch planned for 2023. Modular means that parts can be combined to form a network. Recently, the modular type has been attracting more attention in the blockchain area because it can distribute network processing.
The antonym of modular type is “monolithic type”. The English word “monolithic” has the meaning of “made of a monolith” or “single”, and in the blockchain area, it refers to “one network serving multiple roles”.
Celestia’s official website lists three traditional monolithic challenges.
- Developers can only use programming languages supported by the transaction execution environment
- All applications run in the same process under a shared gas resource (world computer model)
- Smart contract cannot be updated without hard forking
Specifically, Celestia operates as a network of consensus and data availability. By using Celestia, dApps (decentralized apps) developers only need to develop a blockchain specialized for transaction processing and payments.
On its official website, Celestia Labs compared its role as a network to a power grid. So instead of providing power, Celestia’s role is to provide other blockchains with the resources of consensus and data availability.
He also listed the following three benefits of using Celestia in combination.
- Developers can easily define their own execution environments, such as virtual machines (VMs)
- Every app can have its own execution environment while taking advantage of Celestia’s consensus security
- Apps can update without hard forking the main chain
The theme of this year’s GM Radio is “The Modular Future.” We plan to ask guest Mr. White about how Celestia works and future plans.