Can Ethereum Compete With Celestia on Cost or Data Availability?
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- Solana founder and Celestia COO discuss Ethereum’s potential competition in cost and data availability.
- Anatoly Yakovenko argued Ethereum is steering a $300 billion ship, stressing technical risk.
- Nick White claims a modular-to-monolithic shift would be more formidable than Ethereum’s transition to proof of stake.
In a recent episode of the Unchained podcast, notable figures in the blockchain space discussed the contrasting approaches of modular and monolithic blockchains. Chris Burniske, a partner at VC firm Placeholder, asked Solana founder Anatoly Yakovenko about Ethereum’s potential competition with Celestia, the first modular blockchain network designed to scale with user growth.
Burniske inquired, “Do you see a world where Ethereum can get to a place where it competes with Celestia on cost or data availability, or is that something it just wasn’t designed for?”
Yakovenko acknowledged the complexity of Ethereum’s journey, describing it as steering a $300 billion ship. He pointed out the inherent risks involved in initiating a technical modification on the blockchain as it impacts all projects already built on Ethereum. In his words:
“[Ethereum t…
The post Can Ethereum Compete With Celestia on Cost or Data Availability? appeared first on Coin Edition.
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