LightLink, a Layer 2 solution on the Ethereum blockchain that offers real-time gas-free transactions for dApps and enterprises, has announced the integration of its Hummingbird client with Celestia Mainnet. This partnership aims to improve scalability and reduce transaction costs, marking a significant milestone in LightLink’s journey towards achieving 10,000 TPS.
Collaborating with Celestia brings various benefits to LightLink, such as reducing storage costs and enhancing security. By integrating its services with Celestia’s distributed ledger infrastructure, LightLink aims to create a more cost-effective and secure blockchain environment.
LightLink is currently accumulating a large amount of data on the celestial test net, leading to significant storage requirements. However, thanks to its efficient fee structure and Celestia’s cost-minimizing algorithm, LightLink enjoys relatively low storage fees.
Roy Hui, co-founder and CEO of LightLink, emphasized the strategic significance of partnering with Celestia, highlighting the potential cost savings compared to Ethereum. These savings can then be passed on to users in the form of reduced transaction fees, ultimately making LightLink a faster, more accessible, and more reliable blockchain platform that addresses the issues of high gas fees on Layer 1 protocols.
In addition to its collaboration with Celestia, LightLink has secured $11.5 million in funding for its gasless architecture research. The Hummingbird client, which ensures data availability and protection from attacks, will be followed by the development of Blobstream, a tool that enhances data availability for Layer 2 networks. This will allow LightLink to create interactive applications and games for community validators, further strengthening its ecosystem.
Furthermore, LightLink has recently introduced its token, $LL, and successfully completed its seed funding round. The funds raised will be used to continue researching gasless architecture for blockchains and to provide efficient solutions that are accessible to all.
