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LightLink, an Ethereum Layer 2 blockchain solution that provides dApps and enterprises real-time gas-free transactions, has revealed the integration of its Hummingbird client with Celestia Mainnet. This partnership seeks to enhance scalability and decrease transaction costs. It is considered an important achievement in LightLink’s development towards reaching 10,000 TPS.
Celestia Collaboration Lowers Storage Costs for LightLink
There are some advantages of integrating LightLink with Celestia include. These include reducing the cost of storage and security. Therefore, through the integration of its service, LightLink seeks to establish a less expensive and more secure blockchain environment by utilizing Celestia’s distributed ledger infrastructure.
At present, LightLink is hitting up a huge amount of data on celestial test net, while storage requirements are considerable. On the other hand, LightLink enjoys relatively low storage fees. This is due to its efficient fee schedule and Celestia’s algorithm that strives for minimum costs and optimal outputs.
Roy Hui, the co-founder and CEO of LightLink, noted the strategic importance of connecting with Celestia. He explained how this cooperation would bring down our costs compared to Ethereum, so that LightLink could pass these savings on users in reduced transaction charges. The goal here is to make a faster, more accessible and more reliable blockchain platform addressing the problems of high gas fees on Layer 1 protocols.
LightLink Secures $11.5M Funding for Gasless Architecture Research
Hummingbird, LightLink’s standalone client, plays an essential role in restricting data availability and protecting it from attack. It verifies state execution, transaction inclusion and data availability. In addition, Hummingbird makes sure that all the data on each block is printed and available to be verified by anyone.
Following the successful introduction of Hummingbird, LightLink will then build Blobstream, a modular data flow tool that will improve data availability for Layer 2 networks. This will enable LightLink to produce interactive applications and games for community validators, so strengthening its ecosystem still further.
In addition to these developments, LightLink recently launched its token, $LL. It also successfully concluded its seed funding round, securing $11.5 million in funding. LightLink will make use of these funds to further research gasless architecture for blockchains. It will also continue its mission to provide efficient answers in a way that can be accessed by all.