How a Ph.D. Student’s Research Paper Turned Celestia Into $345M Blockchain Project Overnight

CoinDesk reported:

Not meant for a lazy reader, the paper went on to describe, in excruciatingly complex terms and Greek mathematical characters, what was then a radical rethinking of how blockchains could work: separating out the various functions of a distributed ledger – especially the way users query the network for data – into distinct “application layers.” A key benefit would be to minimize the total resources needed to run the main blockchain.

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