Crypto News– Manta Network achieves a milestone: In a remarkable and groundbreaking development, Manta Pacific has etched its name in the annals of innovation by becoming the trailblazer in the utilization of CelestiaOrg’s cutting-edge Blobstream technology. This achievement not only solidifies Manta Pacific’s position as a pioneering force in the blockchain realm but also sets a transformative new standard for Ethereum Virtual Machines (EVMs).
Manta Network Achieves a Milestone: The First EVM to Integrate Celestia’s Blobstream, Progressing Towards Cost Reductions
The strategic partnership between Manta Pacific and CelestiaOrg represents an unprecedented milestone in the blockchain landscape. It signifies the very first instance in which an Ethereum Virtual Machine (EVM) has seamlessly integrated and harnessed Blobstream, which is Celestia’s dedicated data availability (DA) solution. This pioneering collaboration is poised to usher in a paradigm shift in the world of blockchain, as it introduces a novel approach to enhancing the efficiency and trust-minimized nature of Ethereum-based transactions.
Manta Addresses the Challenges of Elevated Gas Fees and Constrained Throughput
Manta Network has made an exciting announcement regarding its strategic partnership with Celestia, a move designed to bring about a transformation in the blockchain sector. Together, they aim to tackle some of the most pressing challenges that Ethereum users face today, particularly the issues of high gas fees and limited throughput.
The introduction of Blobstream is a key highlight of this collaboration, marking a notable departure from the traditional Data Availability Committee (DAC) model. While DACs have played a pivotal role in mitigating the excessive costs associated with calldata, they do carry inherent trust assumptions, relying on a select committee of participants. This setup has often been criticized for its potential centralization risks and susceptibility to collusion.
In contrast, Blobstream represents a groundbreaking approach to Ethereum’s transaction verification process without imposing the same level of trust assumptions. It grants Layer 2 solutions (L2s) direct access to Celestia’s blobspace, offering improved security, reduced costs, and increased throughput.
Blobstream operates through a Data Availability contract, functioning as a lightweight node within the Ethereum network. This system cross-validates the Electronic Signature Algorithm (ECDSA) signatures from multiple validators, confirming their commitments to Celestia’s data root. It adheres to a stringent cryptographic protocol in which a significant majority of validators must provide their approval, ensuring the authenticity and security of transactions.
The Resilient Capabilities and Development Path of Blobstream
The Blobstream L2 bridge contracts have been meticulously crafted to seamlessly accept roll-up blocks that incorporate the blobs relayed by the Blobstream contract as they become available. What makes this even more significant is that any Ethereum bridge contract can readily integrate the Blobstream contract without requiring explicit permission, all thanks to the accessible IDAOracle interface.
On the off-chain front, L2 nodes possess the dual capability of submitting and querying blobs from Celestia by operating a Celestia light node. This functionality further enhances the flexibility and data accessibility of the system.
In the realm of ZK rollups utilizing Blobstream for data availability (DA), a critical requirement is the establishment of proof of data inclusion as a prerequisite for validating any proof. This verification process typically involves confirming the inclusion proof within the ZK proof submitted to the Ethereum network.