“I think the ecosystem is sleeping on the fact that it's uncomfortably close to a ceiling,” cautions the Ethereum co-founder.
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients.
While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire.
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost.
In this week's issue of The Protocol newsletter, we're covering Worldcoin's latest update, airdrop season, the new Bitcoin wallet from Jack Dorsey's company and the "data availability" network Celestia's market-moving plan to plug into Polygon's blockchain development kit.