You have no idea how cool this startup is!
So, initially, they were called Constellation and appeared against the background of WEB3 problems. Developers from different segments — NFTs, DeFi, games — are trying to create complex applications. But they all face the fact that they build their projects on several crowded blockchains.
So the guys at Caldera wanted to create rollups for scalable WEB3 games, but quickly realized that the problem was global. Imagine, most decentralized applications are built on main chains like Ethereum, which, by the way, has only 0.19 million instructions per second. This is the level of a computer from 1974! And now, when computing power has increased many times over, blockchain is still the slowest platform.
The lack of speed and the great interest of developers create strong competition for computing resources. This results in high fees for the well-known gas and, ultimately, slow transactions. This degrades the quality and reduces the popularity of blockchain applications.
How Caldera solves the problem
They provide a rollup service that makes it extremely easy to run productive blockchain rollups.
In a nutshell, a rollup works by collecting many transactions into bundles (or “rolls”) that are then processed off the main blockchain network. Here’s an analogy: consider a rollup as a set of movie tickets. Instead of each person buying a ticket separately, they can buy tickets together for the whole group and submit them together. Logical, simpler? Well, this reduces the time and cost of processing each individual transaction, just as rollup reduces the load on the blockchain and the cost of transactions.
Developers are already using Caldera to run lightweight, highly customizable blockchains that emulate the security of well-known blockchains like Ethereum or Polygon.
Imagine how parallelizing transactions is a game changer! Web applications need dedicated servers, just as WEB3 applications need their own chains to provide the necessary bandwidth and functions.
Example of cooperation with Curio
They even collaborated with Curio, a blockchain game studio that implements innovative WEB3 mechanics. For example, smart contracts to create rules of diplomacy in the game, such as non-aggression treaties.
Curio uses about 300 million gas per second! It would take 120 seconds for the maximum Ethereum blocks to process this amount of gas, so building Curio on a shared L1 would be impossible at all. But with Caldera, they created a dedicated L2 transaction layer and reduced the latency to less than one second.
Why you should join
Caldera already allows blockchain developers to build the applications they want without compromising on performance or functionality. This is the ability to create the same functionality and scale that we use on the web today, but on the blockchain.
And you know what, this is just the beginning! They’re developing a new layer of infrastructure to bring WEB3 to the scale, convenience, and distribution of WEB2 — and hopefully eventually surpass WEB2 entirely.
Also, they have a very active and responsive community on Discord where you can ask anything and you’ll be sure to get an answer!