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Home»Blockchain»Manta Network becomes the first EVM to power Celestia’s Blobstream, on its way to lower costs
Blockchain

Manta Network becomes the first EVM to power Celestia’s Blobstream, on its way to lower costs

2023-10-24No Comments3 Mins Read
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In a groundbreaking development, Manta Pacific has pioneered the use of CelestiaOrg’s innovative Blobstream technology, setting a new standard for Ethereum Virtual Machines (EVMs). This collaboration marks the first instance of an EVM that leverages Blobstream, Celestia’s dedicated data availability (DA) solution, to enable a more efficient, trust-minimized ecosystem for Ethereum-based transactions.

Manta solves high gas costs and limited transit

Manta Network announced its strategic partnership with Celestia, aiming to revolutionize the blockchain space by addressing some of the most pressing issues facing Ethereum users today: high gas fees and limited throughput.

Blobstream’s integration is particularly notable because it represents a significant leap forward over the traditional Data Availability Committee (DAC) approach. While DACs have been instrumental in mitigating the exorbitant costs associated with calling data, they inherently require substantial trust in a select committee of parties. This structure has often been criticized for its potential centralization risks and vulnerability to collusion.

Blobstream, on the other hand, optimizes the transaction verification process on Ethereum without imposing these significant trust assumptions. It gives Layer 2 solutions (L2s) direct access to Celestia’s blobspace, allowing them to operate with improved security, lower costs, and higher throughput.

Blobstream functions via a Data Availability contract and acts as a lightweight node within the Ethereum network. This system verifies the Electronic Signature Algorithm (ECDSA) signatures of various validators, confirming commitments to Celestia’s data root. It operates on a strict cryptographic protocol that requires a substantial majority of validators to opt out, ensuring the authenticity and security of the transactions.

A notable feature of Blobstream is its measures against non-compliant actors. Validators found guilty of withholding data or generating invalid blocks will be identified and subjected to severe penalties. This mechanism not only deters fraudulent activity, but also provides a cryptoeconomic backbone that strengthens the security of both Blobstream and subsequent L2s that rely on Celestia’s data availability solutions.

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By integrating Blobstream, Manta Pacific underlines its commitment to developing a more accessible, efficient and secure blockchain environment. This collaboration with CelestiaOrg focuses on modular and zero-knowledge technology.

Blobstream’s robust features and roadmap

The Blobstream L2 bridge contracts are designed to accept roll-up blocks that include blobs that are passed through the Blobstream contract as they become available. Any Ethereum bridge contract can seamlessly use the Blobstream contract without requiring explicit permission by communicating with it through the IDAOracle interface.

On the off-chain side, L2 nodes have the ability to submit and request blobs from Celestia by operating a Celestia light node.

In the context of ZK rollups using Blobstream for data availability (DA), it is essential to provide evidence of data ingestion before any evidence is considered valid. Normally this verification is done by confirming the withdrawal proof in the ZK proof submitted to Ethereum.

Optimistic rollups that use Blobstream for data availability can use their existing proof system to optimistically prove inclusion in a Celestia block. They achieve this by only posting their headers after waiting for the Blobstream commitment to pass.

Currently, Blobstream confirms the consensus in Celestia by validating ECDSA signatures provided by Celestia validators within the Ethereum contract. This validation process takes place in batches, which typically include approximately 400 blocks and occur approximately every 100 minutes. It is important to note that Blobstream is currently running on the Goerli testnet.

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Blobstream Celestias costs EVM Manta Network power
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