Astria, Project to Decentralize Crucial Blockchain ‘Sequencers,’ Goes Live With Main Network

Astria, a blockchain challenge that describes itself because the “first decentralized shared sequencing layer,” has launched the primary community for its alpha launch.

The challenge goals, amongst different issues, to decentralize blockchain ‘sequencers’ – the a part of a layer 2 community that collects transactions happening on the secondary community to file them on a primary layer 1 blockchain, equivalent to Ethereum . For instance, Metis, a layer-2 community for Ethereum, has developed its personal decentralized sequencer.

However Astria’s sequencing layer may very well be used as a modular plug-in for different networks, as an alternative choice to a centralized sequencer – generally seen as a bottleneck, or a single level of failure, or probably a vector of transaction censorship. Almost all layer 2 networks in use at the moment use a centralized sequencer, together with Coinbase’s Base, which reportedly generates tens of millions of {dollars} in income for the mother or father firm.

“With at the moment’s launch of the mainnet, we’ve taken an vital step in direction of our imaginative and prescient of creating decentralization the norm in crypto once more,” mentioned Astria.

The challenge, which raised $5.5 million from buyers together with 1kx, Delphi Ventures and Figment Capital in April 2023, was initially conceived as an effort to construct a settlement layer for native rollup networks on the Celestia information availability community, mentioned a press launch.

“Over time, we realized that settlements weren’t the one piece lacking from the modular ecosystem,” the discharge mentioned. “Builders wanted a manner to offer quick confirmations to their customers with out having to depend on centralized sequencers like rollups in different ecosystems.”

It might work on each Ethereum-compatible EVM setting for smart-contract programming and Solana’s SVM setting.

Astria says its setup represents a “single, permissionless community that may be shared amongst many rollups, offering each unwinding (i.e. bridging) and decentralized sequencing, with quick (~2s) block occasions and single-slot finality.”

Astria is “unapologetically Celestia’s first challenge and wouldn’t exist with out the assist of Celestia Labs, the muse, and the broader Celestia ecosystem,” the discharge mentioned.

The Astria mainnet alpha makes use of Celestia’s token (TIA) and information is posted to Celestia. The primary information weblog was reportedly posted right here.