While the cozy and nostalgic vibes of the past may seem harder to find in the middle of this corporate interest, the same principles of ‘fuck the financial institutions’ and decentralization continue to thrive.
Celestia is betting the next era of crypto runs on custom chains
@CelestiaOrg's Celestia Labs acquired Sovereign Labs, whose SDK powers Relay, the top bridge by volume, and Bullet, a perps exchange clearing orders in 1.2 milliseconds. Sovereign co-founder Preston Evans becomes CTO.
The logic: Hyperliquid built its own chain, Polymarket is migrating to one, and someone has to build the rest. The combined teams have shipped 25+ production blockchains. $TIA
I apologise, we had to block Nigerian residents from the faucet because most of them were withdrawing the $5 that was meant to be for testing the product.
Commonware chains on Celestia are now possible.
Launching a Commonware chain on Celestia gets you 10x faster blocks without the infrastructure overhead and the launch delays of having to recruit a validator set.
Check out coro, a data availability library with a minimal Commonware single sequencer crate: