Panel I Rethinking Data Availability | Pragma Istanbul 2023

Wed, Oct 2, 2024, 12:00 AM

At Pragma Istanbul 2023, ETHGlobal’s Kartik Talwar moderates a deep-dive panel on the evolving landscape of data availability with top leaders in the space: Sreeram Kannan, Founder of EigenLayer; Illia Polosukhin, Co-founder of NEAR Protocol; and Nick White, COO of Celestia. The trio explores the critical role of data availability in scaling blockchains, how modularity is shaping developer infrastructure, and the practical implications for rollups, Ethereum, and Layer 1 vs Layer 2 architecture. They debate core topics like data availability sampling (DAS), verifiability, decentralization, and cryptoeconomic guarantees. This high-signal conversation unpacks the design philosophy behind EigenDA, NEAR DA, and Celestia’s blobstream approach, providing clarity on cost models, protocol-level trade-offs, and the future of blockchain scalability. If you're building or investing in scalable Web3 infrastructure, this is a must-watch panel on the future of data availability. 00:00 Panel intro: Why data availability matters 01:17 Understanding rollup scalability bottlenecks 03:04 Economic constraints of Ethereum block space 04:20 Modular blockchain architecture explained 07:42 Developer needs in a modular blockchain world 10:30 What is EigenDA? Scaling Ethereum's data layer 14:29 How NEAR Protocol scales data with sharding 16:53 Celestia's trust-minimized DA with DAS 19:22 Why Celestia DA sampling only works natively 21:15 Data availability challenges on Ethereum 22:54 Why you can't slash for withheld data 24:03 Combining re-staking with native validator DA 25:23 EigenDA's cryptoeconomic + decentralization model 29:15 Importance of verifiability over committees 30:54 Ethereum rollups vs Celestia-native rollups 32:00 Data costs: publishing vs long-term storage 33:37 Pricing models and induced demand for DA 35:19 Hidden infra costs: indexing and RPC providers 37:04 Data economics: reserved vs spot bandwidth 40:29 Near’s model: staking covers user fees 42:18 Protocols as minimally extractive public goods 42:53 Closing thoughts and philosophical alignment _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇹🇷 *Pragma Istanbul* The sixth edition of Pragma took place in Istanbul in November 2023 with a curated series of high-quality talks that sparked thought and discussion. Pragma Istanbul 2023 was an opportunity discuss the future of web3 and reflect on the past. Watch the full Pragma Istanbul 2023 playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4rHV1H4J7y0wDok4bIS17t&si=lb8ttkU1HS2tpnUP ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Follow *ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _