Colossus Joins Celestia Validator Set: Institutional Grade Staking Made Easy
Colossus has officially entered the validator set of Celestia, opening up new opportunities for institutional players to delegate their TIA assets and stake directly from custody through the Institutional Hub (read more here). This move signifies a major milestone in the decentralization and scalability of blockchain networks, particularly in the realm of institutional participation.
The TIA Validator set comprises a global list of 100 validators, and we are thrilled to have achieved this milestone. Institutional players seek a trustworthy validator who can deliver reliable performance and act as a dependable staking provider. However, at Colossus, we wanted to go further and we aimed to address a specific challenge within the industry: the inability of institutional players to stake their assets from within custody.
For large institutions with significant holdings, custody is essential. However, we believe it should not prevent these institutions from earning passive yields on their assets or participating in the network by casting votes.
That's why we are pleased to announce that we have integrated Celestia into our Staking Hub. This allows our clients to safely stake their TIA, enhancing their earning potential and enabling active participation in the network.
Introduction to Celestia
Celestia is a pioneering modular blockchain network that separates consensus and data availability layers to enhance scalability and interoperability. Designed to support a wide range of applications and chains, Celestia enables higher throughput and more efficient network operations. Its innovative data availability sampling technique ensures robust security and efficiency, making it an ideal platform for developers and institutions seeking to build and scale decentralized applications.
Enter modular blockchains, which address the monolithic challenge imposed by “classical” blockchain by separating internal functions across a multi-layered framework. This separation of concerns allows for enhanced flexibility and various configurations. One effective setup divides the four key functions into three distinct layers.
The base layer, handling Data Availability (DA) and consensus, is known as the “Consensus and DA Layer” (or simply, the DA layer). Above this, transaction settlement and execution each occupy their own dedicated layers. This structure enables each layer to specialize in its primary function, boosting overall system throughput. Additionally, the modular design supports the integration of multiple execution layers, such as rollups, which can utilize the same settlement and DA layers.
Celestia’s Data Availability Layer
Celestia excels as a groundbreaking data availability (DA) layer, offering a scalable solution to the data availability challenge in blockchain networks. Its DA layer ensures that execution and settlement layers can verify transaction data availability in a trust-minimized way.
Key features of Celestia’s DA layer include Data Availability Sampling (DAS) and Namespaced Merkle Trees (NMTs). DAS allows lightweight nodes to verify data availability without downloading entire blocks, while NMTs enable selective access to transactions relevant to specific operations.
To any institutional player who wants to start validate on Celestia and earn yields on their asset under custody, feel free to reach us and start your journey together.
https://colossus.digital/institutional-hub/