A list of 6 potential projects on AICoin.

CN
1 year ago

Title: "6 Hidden Gems on Celestia"

Original Author: ARNDXT

Original Translation: Luccy, BlockBeats

Editor's Note: Under the narrative of SOL-ES-TIA, the market value of TIA is on the rise. Cryptocurrency researcher ARNDXT has outlined 6 potential projects built on Celestia, including the gaming chain Ancient, rollup bridge Hyperlane, ZK solution Skip, rollup protocol Cartesi, infrastructure Union, and the re-staking mechanism Alt Layer, and elaborated on the factors for optimism. The original article has been translated by BlockBeats as follows:

We are currently in the season of SOL-ES-TIA.

TIA's market value will reach the level of SOL, increasing 14 times to $255.

The TIA (3,3) staking mechanism will set a new paradigm, and the content built on this basis will be the focus of my discussion. Here are 6 projects built on TIA.

Ancient

Ancient is a gaming chain that utilizes Optimistic rollups with Ethereum-level security.

Built on Celestia, they achieve scalability, reduced transaction costs, and near-instant confirmation. Ancient offers unparalleled scalability.

Catalysts:

  • I expect that by 2024, Web3 games will combine guilds, community ownership, and sustainable token economic models.

  • Communities and investors are crucial to the game. They start with game guilds, see rapid user growth, and then establish their own gaming chain.

Overview of 6 potential projects on Celestia

HyperLane


Hyperlane is the first Celestia rollup bridge.

Anyone can deploy hyperlane to any blockchain environment, including L1, rollup, and application chains.

Catalysts:

  • Hyperlane documentation is straightforward.

  • Celestia can easily launch rollup.

  • Hyperlane can easily connect all these rollups.

Under Celestia, between Hyperlane, modular expansion.Overview of 6 potential projects on Celestia

Skip

Skip is the ZK in Celestia Baselayer and provides an SDK for interoperability.

Catalysts:

It's strange to compare because they solve the problem in different ways, but there are some similarities.

  • Eigenlayer solves this problem by providing composable liquidity for liquidity staking.

  • Skip provides an SDK for interoperability.

Overview of 6 potential projects on Celestia

Cartesi

Cartesi is an application-specific rollup protocol with a Linux runtime built on Celestia.

They have multiple uses in data model training and on-chain gaming infrastructure.

Catalysts:

  • Huge savings in gas fees enable the possibility for open-source games, introducing unique libraries like Werewolf into the Cartesi VM.

  • The backend is coded in #Python, so you don't have to be a #Solidity developer to create dApps.

Overview of 6 potential projects on Celestia

Union

Union is an ultra-efficient zero-knowledge infrastructure layer for general messaging, asset transfer, NFTs, and DeFi.

Catalysts:

  • Raised 4 million in seed rounds.

  • Launched in January 2024.

  • Operates on ZK, interoperability narrative.

Overview of 6 potential projects on Celestia

Alt Layer

Alt Layer adopts existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides an EigenLayer re-staking mechanism to bootstrap network security and build decentralized networks.

Repackaged rollups are essentially a set of three vertically integrated AVS.

Catalysts:

  • Establishing the narrative of re-staking + rollup.

  • Rollup as a service.

  • Supporters: @balajis @polychaincap @hjmomtazi @jump_ @gavofyork @kaiynne @tekinsalimi @twobitidiot

Overview of 6 potential projects on CelestiaOriginal Article Link

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