CDS Crypto News Avail Unveils Attestation Bridge to Ethereum
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Avail Unveils Attestation Bridge to Ethereum

Avail unveils its data attestation bridge, a solution designed to reduce costs for Layer 2 and Layer 3 chains in the Ethereum ecosystem

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Avail unveils data attestation bridge, a solution designed to reduce costs for Layer 2 and Layer 3 chains in the Ethereum ecosystem

Avail, a project initially developed under Polygon, has recently launched its “data attestation bridge” on its live testnet.

Avail Unveils Attestation Bridge to Ethereum

Avail unveils data attestation bridge, a solution designed to reduce costs for Layer 2 and Layer 3 chains in the Ethereum ecosystem

This innovative solution aims to alleviate the high costs associated with data storage for Layer 2 and Layer 3 chains within the Ethereum ecosystem.

Addressing the Data Availability Problem

The data attestation bridge, currently in its testnet phase, offers a secure off-chain data solution. Connected to Ethereum, it can be utilized by both zero-knowledge and optimistic rollups that use Ethereum as a base layer. The high costs of storing data on Ethereum have been a significant issue for many users, and Avail’s new offering aims to provide a cost-effective solution.

The Role of the Data Attestation Bridge

Avail unveils data attestation bridge, a solution designed to reduce costs for Layer 2 and Layer 3 chains in the Ethereum ecosystem

The data attestation bridge plays a crucial role in Avail’s long-term strategy. It aims to provide Layer 2 and Layer 3 chains with an alternative method of publishing data off-chain, thereby reducing the high transaction fees associated with posting data on the main Ethereum blockchain.

Avail’s Future Plans

In the future, Avail plans to have rollups launch entirely on top of its network. These networks could include validiums, Ethereum scaling solutions that store transaction data off-chain. The data attestation bridge provides the attestation on Ethereum, proving that the data submitted by the rollup to Avail is indeed available.

About Avail

Avail is a project that spun out of Polygon, focusing on handling data storage and verification for blockchains. It aims to provide a solution to the “data availability problem” by offering a secure off-chain data storage option. The project is currently in its testnet phase, with plans to further expand its offerings in the Ethereum ecosystem.

Sources:coindesk

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