Great video! Really beneficial to send to other people who are new to the space without leaving anything important out. Keep up the good work! Definitely underrated and should have more subscribers!
Think of it this way...Celestia will basically be like a payroll business that keeps track of all of the businesses financials. In the crypto world a Blockchain can execute a transaction on their end and then Celestia will be responsible for making sure it is a legit transaction and all of the nodes (people keeping track) agree. Once they agree the funds can go on a settlement layer (think of like a bank) of their own choosing. Then Celestia because they are keeping track of all the transactions and have record of it will provide proof to the settlement layer of who the true owners of the funds are (data availability). I hope I explained this ok
Oh my god. Dumb it down please. Appreciate the effort, but you would be much more efficient simplifying it into 3rd grade words & examples. Unless your direct goal is to speak only to devs.
Think of it this way...Celestia will basically be like a payroll business that keeps track of all of the businesses financials. In the crypto world a Blockchain can execute a transaction on their end and then Celestia will be responsible for making sure it is a legit transaction and all of the nodes (people keeping track) agree. Once they agree the funds can go on a settlement layer (think of like a bank) of their own choosing. Then Celestia because they are keeping track of all the transactions and have record of it will provide proof to the settlement layer of who the true owners of the funds are (data availability). I hope I explained this ok
Based on the crypto narrative, people love a great story! Crypto was made to give a massive middle finger to the corruption of conventional finance and government
This video is Sponsored by Celestia
nice micro deep dive. appreciate the research! 💐
Beautiful graphics and video editing, great work Diego
Sponsored or not, great vid as always Diego! #underrated
Great video! Really beneficial to send to other people who are new to the space without leaving anything important out.
Keep up the good work! Definitely underrated and should have more subscribers!
I appreciate this, you've gained a sub 🎉
the outro song is just lit! i am addicted
Love to see you making more content.
Kudos for not messing up saying 'Availability' availability ability availalabity avability.... once
I understood nothing 😆
Think of it this way...Celestia will basically be like a payroll business that keeps track of all of the businesses financials. In the crypto world a Blockchain can execute a transaction on their end and then Celestia will be responsible for making sure it is a legit transaction and all of the nodes (people keeping track) agree. Once they agree the funds can go on a settlement layer (think of like a bank) of their own choosing. Then Celestia because they are keeping track of all the transactions and have record of it will provide proof to the settlement layer of who the true owners of the funds are (data availability). I hope I explained this ok
Only thing you need to understand is Celestia to the moon
Very well done...keep it up
Good video!
DAL on Tezos is coming along nicely. I wonder if Celestia will be able to catch-up.
Very good video! Thank you
Good vid!
$TIA now ATH at $7.4 🤩 Buying loads more on correction.
$TIA is turning the crypto trilemma into a trifecta!
Amazing information man!
thanks
amazing vid man
thanks :)
this was super helpful thank uuuu
Nice, glad This content is helping people
Can I stake Celestia?
I have an empty wallet (Keplr) and the tech is fascinating!
but so far haven't found an Exchange to purchase them...
There is currently no Celestia Token as of right now, since they re yet to launch, so any "Celestia Token" that are out right now are fake & scams
@@gogodiego Thanks for the update!
Why would I want to break up my dapp into multiple parts?
go watch my Modular Blockchains Explained video
so, who is providing erasure encoding(reed-solomon algorithmn) calculation on celestia?
Full nodes are providing erasure encoding to light clients. hopefully that answers your question
gud
😎ye
You didnt explain settlement
yeah, its kinda complicated to add
Give me some critics about the project please !!! Anyone?
Oh my god. Dumb it down please. Appreciate the effort, but you would be much more efficient simplifying it into 3rd grade words & examples.
Unless your direct goal is to speak only to devs.
could i contact you to test my new Celestia Explained video?
Think of it this way...Celestia will basically be like a payroll business that keeps track of all of the businesses financials. In the crypto world a Blockchain can execute a transaction on their end and then Celestia will be responsible for making sure it is a legit transaction and all of the nodes (people keeping track) agree. Once they agree the funds can go on a settlement layer (think of like a bank) of their own choosing. Then Celestia because they are keeping track of all the transactions and have record of it will provide proof to the settlement layer of who the true owners of the funds are (data availability). I hope I explained this ok
I would stay far away from this project after learning the history of the founder lol. Are you kidding me???
Funny - I came to the opposite conclusion. May the rebel genius values that founded crypto live long and prosper.
Then stay away and let us farm FIAT
🤡
Based on the crypto narrative, people love a great story! Crypto was made to give a massive middle finger to the corruption of conventional finance and government