CandleFocus Astria, Project to Decentralize Crucial Blockchain 'Sequencers,' Goes Live With Main Network
2024-10-28
Author: Content Editor
Astria has launched the main network for its alpha release, positioning itself as the "first decentralized shared sequencing layer" for blockchain projects. The project aims to decentralize blockchain "sequencers" by offering a modular plug-in alternative to centralized sequencers, which are seen as potential bottlenecks, single points of failure, or sources of transaction censorship. Astria's sequencing layer can be used by other networks to record transactions on a main layer-1 blockchain, such as Ethereum. The project raised $5.5 million in funding and was originally conceived as a settlement layer for native rollup networks on Celestia's data-availability network. Astria's setup works on both Ethereum-compatible EVM and Solana's SVM environments and offers fast block times and single slot finality. The alpha release uses Celestia's token (TIA) and data is posted to Celestia.
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