LightLink, a Layer 2 blockchain solution on Ethereum that offers real-time gas-free transactions for dApps and enterprises, has announced the integration of its Hummingbird client with Celestia Mainnet. This collaboration aims to improve scalability and reduce transaction costs, marking a significant milestone in LightLink’s journey towards achieving 10,000 transactions per second (TPS).
The partnership with Celestia brings several benefits to LightLink, including cost savings on storage and enhanced security. By leveraging Celestia’s distributed ledger infrastructure, LightLink aims to create a more cost-effective and secure blockchain environment.
Currently, LightLink is accumulating a large amount of data on the Celestia test net, leading to significant storage requirements. However, thanks to its efficient fee schedule and Celestia’s cost-saving algorithm, LightLink is able to enjoy lower storage fees.
Roy Hui, the co-founder and CEO of LightLink, emphasized the strategic importance of partnering with Celestia. He highlighted how this collaboration will help reduce costs compared to Ethereum, allowing LightLink to pass on these savings to users through lower transaction fees. The ultimate goal is to create a faster, more accessible, and reliable blockchain platform that addresses the issue of high gas fees on Layer 1 protocols.
In a separate development, LightLink secured $11.5 million in funding for research on gasless architecture. Hummingbird, LightLink’s standalone client, plays a crucial role in ensuring data availability and protection against attacks. It verifies state execution, transaction inclusion, and data availability, while also ensuring that all block data is verifiable by anyone.
Following the successful launch of Hummingbird, LightLink plans to introduce Blobstream, a modular data flow tool that will enhance data availability for Layer 2 networks. This initiative will enable LightLink to develop interactive applications and games for community validators, further strengthening its ecosystem.
Additionally, LightLink recently introduced its token, $LL, and concluded a successful seed funding round. The funds raised will be used to continue research on gasless architecture for blockchains and to provide efficient solutions that are accessible to all.
