Dymension Launches Modular Blockchain Network with Cosmos and Celestia Technology

02/16/2023 05:46 • Metaverse Matters • 96 views

On February 16, it was reported that the modular blockchain network Dymension using Cosmos and Celestia technology had been launched into the test network Dymension Hub 35-C, and nearly 100 Genesis verification nodes began to operate. In addition, the core team of Dymension has also deployed the rollup supporting IBC to make 35-C a modular test network. RollApp X will publish the data to Celestia Mocha test network and the status update to Dymension Hub 35-C test network.

The modular blockchain network Dymension has been launched into the test network Dymension Hub 35-C

Analysis based on this information:

Dymension, a modular blockchain network, has announced the launch of its network using Cosmos and Celestia technology. The network has been launched on the test network Dymension Hub 35-C, and almost 100 Genesis verification nodes have been set up to operate the network. The core team of Dymension has also deployed the rollup supporting IBC to make 35-C a modular test network.

Cosmos is a decentralized network of independent parallel blockchains that are powered by Tendermint, a Byzantine fault-tolerant consensus algorithm. Celestia, on the other hand, is a blockchain that supports the creation of decentralized applications and smart contracts. Together, they provide the foundation for Dymension’s modular blockchain network.

The launch of the Dymension network on the test network Dymension Hub 35-C is a significant milestone for the company. It will allow developers to test and experiment with the network before it is launched on the mainnet. The modular architecture of the network allows for easy integration with other blockchain networks, which will increase the network’s interoperability and usability.

The deployment of the rollup supporting IBC is aimed at enhancing the scalability and security of the Dymension network. Rollup is a layer 2 scaling solution that bundles multiple transactions into a single transaction to reduce gas fees and increase scalability. IBC, on the other hand, is a protocol that enables communication between different blockchains in the Cosmos ecosystem.

The data published by RollApp X will be recorded on the Celestia Mocha test network, while the status update will be recorded on Dymension Hub 35-C. This will enable developers to test and validate the network’s interoperability and scalability, which are critical for the success of any blockchain network.

In conclusion, the launch of the Dymension modular blockchain network on the test network Dymension Hub 35-C using Cosmos and Celestia technology, along with the deployment of the rollup supporting IBC, is a significant step towards achieving the network’s aim of providing a scalable, interoperable, and secure blockchain network. The modular architecture of the network enables easy integration with other blockchain networks, which will increase the adoption and usability of the network.

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