Avail, a mission spun out of Polygon earlier this 12 months to deal with information storage and verification for blockchains, launched its “information attestation bridge” on Friday, a brand new providing designed to cut back prices for layer 2 and layer 3 chains within the Ethereum ecosystem.
Storing information on Ethereum may be costly, so Avail goals to be an answer for layer 2s and 3s to publish information off-chain, to cut back the excessive transaction charges that usually come from posting information on the primary Ethereum blockchain. The concept is to spare the primary Ethereum blockchain from getting congested with something apart from execution and settlement actions.
The problem of dealing with the info and organising separate networks for information storage is called the ”information availability drawback,” or DA – an enviornment that features creating cryptographic methods to show that the info exists (i.e. that it’s obtainable) and that it’s proper.
“The info attestation bridge establishes a direct connection between the L2 rollup’s information and the L1 by way of Avail’s off-chain information availability layer,” Avail stated in a press launch.
The bridge is one part of what Avail will supply within the layer 2 ecosystem. In the long term, Avail needs rollups to launch fully on high of its community. These networks might embody so-called validiums, that are Ethereum scaling options that retailer transaction information off-chain.
“When an L3 or a validium sends the transaction information to Avail, the info attestation bridge supplies the attestation on Ethereum,” Anurag Arjun, the founding father of Avail, advised CoinDesk. This then proves to Ethereum that “no matter information was submitted by the rollup to Avail is definitely obtainable.”
Edited by Bradley Keoun.
https://www.coindesk.com/tech/2023/07/07/avail-launches-data-attestation-bridge-to-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
