LightLink, an Ethereum Layer 2 blockchain solution that provides dApps and enterprises with real-time gas-free transactions, has unveiled the integration of its Hummingbird client with Celestia Mainnet. This partnership aims to increase scalability and reduce transaction costs. It is considered a major achievement in LightLink’s development towards achieving 10,000 TPS.
Collaboration with Celestia reduces storage costs for LightLink
There are some benefits to integrating LightLink with Celestia. These include reducing the costs of storage and security. Therefore, by integrating its service, LightLink aims to create a cheaper and more secure blockchain environment by leveraging Celestia’s distributed ledger infrastructure.
Currently, LightLink collects a huge amount of data on the Celestial testnet, while the storage requirements are significant. On the other hand, LightLink benefits from relatively low storage costs. This is due to Celestia’s efficient pricing scheme and algorithm that strives for minimal costs and optimal results.
Roy Hui, co-founder and CEO of LightLink, noted the strategic importance of connecting with Celestia. He explained how this partnership would reduce our costs compared to Ethereum, so LightLink could pass these savings on to users in lower transaction fees. The goal here is to create a faster, more accessible, and more reliable blockchain platform that addresses the problems of high gas fees on Layer 1 protocols.
LightLink Secures $11.5 Million in Funding for Gasless Architecture Research
Hummingbird, LightLink’s standalone client, plays a vital role in limiting data availability and protecting it from attacks. It verifies state execution, transaction recording, and data availability. Additionally, Hummingbird ensures that all data is printed on each block and can be verified by anyone.
Following the successful introduction of Hummingbird, LightLink will next 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, further strengthening the ecosystem.
In addition to these developments, LightLink recently launched its token $LL. It has also successfully completed its seed funding round, securing $11.5 million in funding. LightLink will use these funds to further explore gasless architecture for blockchains. It will also continue its mission to provide efficient answers in a way that is accessible to all.
