Celestia’s BlockspaceRace Launches Second Phase with Cross-Chain Bridge Nodes

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

Cryptocurrency investors and technology enthusiasts alike have been eagerly anticipating the development of Celestia’s modular blockchain network, particularly as regards its Blockspace Race, which launched earlier this year. Following its successful first phase, the network has now initiated its second phase, with cross-chain bridge nodes, full storage nodes, and light nodes all participating.

what is Celestia and Blockspace Race?

But before delving into the details of the second phase of the Blockspace Race, let us first understand what Celestia is and what it hopes to achieve with the Blockspace Race. Celestia is a modular, scalable, and interoperable blockchain network that aims to combine the best features of existing blockchain systems while addressing their bottlenecks and limitations.
The Blockspace Race is, therefore, an integral part of Celestia’s development, designed to test the network for scalability, speed, interoperability, and security while also incentivizing developers and teams to build decentralized applications (dApps) on the network. Participants in the Blockspace Race are required to build dApps that meet specific requirements and showcase the network’s capabilities.

First Phase of Blockspace Race

The Blockspace Race was first launched on March 15th, 2021, with over 5,000 participants from various parts of the world competing for prizes and recognition. During the first phase, participants were required to build dApps that showcased the network’s speed and transactions per second (TPS).
By the end of the first phase, over 1,200 dApps had been built on the network, with the top three winners taking home $200,000, $100,000, and $50,000 respectively. The winners were selected based on the quality of their dApps, ease of use, and overall user experience.

Second Phase of Blockspace Race

With the success of the first phase of the Blockspace Race, Celestia has now launched the second phase, which promises to be even more exciting and competitive. In this phase, participants are required to build cross-chain bridge nodes and full storage nodes to facilitate interoperability between different blockchain networks.
One of the main challenges facing the blockchain industry is the issue of interoperability, where different blockchain networks are unable to communicate and transact with each other seamlessly. The development of cross-chain bridge nodes and full storage nodes is therefore critical to building a truly decentralized ecosystem.

The Role of Light Nodes

In addition to cross-chain bridge nodes and full storage nodes, light nodes also play a critical role in the Celestia ecosystem. Light nodes are designed to provide a lightweight and efficient way of participating in the network without having to run a full node, which is often resource-intensive and requires a lot of computing power.
Light nodes are, therefore, ideal for mobile devices and other low-powered devices, allowing for the creation of decentralized applications that can reach a wider audience without compromising on security or performance.

Conclusion

Celestia’s Blockspace Race is without a doubt one of the most highly anticipated blockchain development projects of 2021. The success of the first phase and the launch of the second phase are a testament to the network’s ingenuity and the potential it holds for the future of decentralized finance and applications.
By building cross-chain bridge nodes, full storage nodes, and light nodes, Celestia is paving the way for a truly interoperable ecosystem that can communicate and transact with other blockchain networks seamlessly. Moreover, the incentives provided by the Blockspace Race are encouraging developers and teams to participate actively in the network’s development and submit high-quality dApps that showcase Celestia’s capabilities.

FAQs

Q: What is Celestia?
A: Celestia is a modular, scalable, and interoperable blockchain network that combines the best features of existing blockchain systems.
Q: What is the Blockspace Race?
A: The Blockspace Race is Celestia’s development test network designed to incentivize developers and teams to build decentralized applications (dApps) on the network.
Q: What are the roles of cross-chain bridge nodes, full storage nodes, and light nodes in Celestia’s ecosystem?
A: Cross-chain bridge nodes and full storage nodes facilitate interoperability between different blockchain networks, while light nodes provide a lightweight and efficient way of participating in the network without having to run a full node.