Avail, a challenge that spun out of Polygon earlier this yr to deal with the blockchain’s information storage and verification, on Friday launched its “Knowledge Proof Bridge,” a challenge aimed toward decreasing the variety of New merchandise in the price of layer 2 and layer 3 chains.
Storing information on Ethereum could be costly, so Avail goals to be an answer for Layers 2 and three to publish information off-chain to scale back the excessive transaction prices which can be usually incurred by publishing information on the principle Ethereum blockchain. price. The concept is to keep away from the principle Ethereum blockchain turning into congested with something aside from execution and settlement exercise.
The problem of processing information and constructing separate information storage networks is called the “information availability drawback”, or DA, which is an space that includes creating cryptographic methods to show that the info exists (that’s, is on the market) and is right.
“The Knowledge Attestation Bridge creates a direct connection between L2 combination information and L1 by Avail’s off-chain information availability layer,” Avail stated in a press launch.
The bridge is one part of the performance Avail will present within the Layer 2 ecosystem. In the long run, Avail hopes to launch Rollups solely on its community. These networks could embody so-called Validium, an Ethereum scaling answer for storing transaction information off-chain.
“When L3 or validium sends transaction information to Avail, the info proof bridge offers proof on Ethereum,” Avail founder Anurag Arjun instructed CoinDesk. This proves to Ethereum that “no matter information Rollup submits to Avail is definitely It’s out there”.
Edited by Bradley Cohen.
https://www.coindesk.com/tech/2023/07/07/avail-launches-data-attestation-bridge-to-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
