The Second Phase of Blockspace Race Commences with Celestia’s Modular Blockchain Network

03/30/2023 01:06 • Blockchain Buzz • 98 views

It is reported that the modular blockchain network Celestia has started the second phase of the test network Blockspace Race, with cross chain bridge nodes, full storage nodes, and light nodes starting to participate. Previously, it was reported that BlockspaceRace was launched on March 15th, and participants can find rankings and regional distributions on Tiascan

Celestia starts the second phase of the Blockspace Race test network

Introduction

The modular blockchain network Celestia has recently commenced the second phase of its test network, Blockspace Race. This phase includes cross chain bridge nodes, full storage nodes, and light nodes participating in the network.

What is Blockspace Race?

Blockspace Race is a test network designed to test the scalability and interoperability of blockchain networks. It was launched on March 15th, and participants can find rankings and regional distributions on Tiascan. The test network aims to provide better speed, quality, and reliability to the blockchain network.

The Second Phase of Blockspace Race

The second phase of Blockspace Race has started with Celestia’s modular blockchain network. The network has introduced cross chain bridge nodes, full storage nodes, and light nodes to participate in this phase.

Cross Chain Bridge Nodes

Cross chain bridge nodes enable the transfer of digital assets from one blockchain to another. They provide a bridge between different blockchain networks, ensuring the seamless transfer of assets.

Full Storage Nodes

Full storage nodes store the complete history of transactions that have occurred on the blockchain network. These nodes are critical for maintaining the security and integrity of the blockchain network.

Light Nodes

Light nodes are nodes that do not keep a complete copy of the blockchain but instead only hold specific pieces of data. They are less storage-intensive and less resource-consuming, making them an ideal solution for mobile wallets and IoT devices.

Advantages of Celestia’s Modular Blockchain Network

Celestia’s modular blockchain network provides several advantages over traditional blockchain networks. These include:

Scalability

Celestia’s modular approach enables it to be highly scalable. The modular design allows for easy addition or removal of modules, enabling the network to grow or shrink based on demand.

Interoperability

The network’s cross chain bridge nodes allow for easy transfer of digital assets from one blockchain to another. This improves interoperability between different blockchain networks.

Cost Effective

Celestia’s light nodes are less storage-intensive and less resource consuming, making them more cost-effective than traditional full nodes.

Conclusion

Celestia’s modular blockchain network has commenced the second phase of Blockspace Race, introducing cross chain bridge nodes, full storage nodes, and light nodes to the blockchain network. The modular design of the network provides scalability, interoperability, and cost-effectiveness. These features make Celestia’s blockchain network an attractive solution for anyone looking to build or participate in blockchain networks.

FAQs

1. What is Blockspace Race?
Blockspace Race is a test network designed to test the scalability and interoperability of blockchain networks.
2. What are the advantages of Celestia’s modular blockchain network?
Celestia’s modular blockchain network provides scalability, interoperability, and cost-effectiveness.
3. What is the purpose of cross chain bridge nodes?
Cross chain bridge nodes enable the transfer of digital assets from one blockchain to another.

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