How Satoshi Nakamoto and Vitalik Buterin Inspired Key Parts of Celestia - Ep. 672

Published: July 12, 2024, 1 p.m.

Mustafa Al-Bassam was a teenage hacktivist who outsmarted a US government contractor, shamed the Westboro Baptist Church, hacked Sony a record number of times, and eventually got arrested\u2014though his 80 transgressions got halved for a funny reason.\xa0\nAt the Modular Summit in Brussels, Laura had a fireside chat with Mustafa to discuss how he went from his teenage years as the head of LulzSec and member of Anonymous to founding Celestia, a project aiming to solve key issues in blockchain scalability by going with a modular approach.\xa0\nHe also discussed data availability sampling, why he believes Celestia has achieved significant product-market fit since its launch, and the three key components of Celestia\u2019s road map.\nShow highlights:\n\n00:00 Intro\n\n01:47 Mustafa\u2019s origin story and how he became a developer who ended up hacking FBI affiliates and Fox News\n\n05:32 How he hacked a military contractor to the US Department of Defense and Sony\n\n09:16 Why Mustafa was arrested at the age of 16\n\n11:14 What about Bitcoin attracted his attention and got him interested in the industry\n\n15:22 Why he founded Celestia, after doing a PhD in scaling blockchains and understanding the problems of sharding\n\n21:16 What data availability sampling is and why it is important\n\n23:52 Why Mustafa believes that Celestia has had \u201cextreme product market fit\u201d since the launch\n\n26:16 What\u2019s next for Celestia and why Mustafa is so excited about the possibilities that increased block size can enable\n\n29:36 How Celestia is working with zero knowledge accounts for defragmenting liquidity in rollups and access liquidity even within the Cosmos ecosystem\n\n30:57 What the endgame for Celestia and the overall industry looks like, according to Mustafa\n\n37:36 Q&A with the audience\n\n44:44 Crypto News Recap\n\n\nVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nPlayFi Labs\n\nGuest\n\n\nMustafa Al-Bassam, co-founder of Celestia Labs.\n\nPrevious appearance on Unchained: Why the Celestia Team Sees a Future With 10,000 Roll-Ups\n\n\nLinks\n\nPrevious coverage of Unchained on modular blockchains:\n\nThree Crypto Pioneers on Crypto\u2019s Monolithic vs. Modular Debate\n\nWhat Are Modular Blockchains? A Beginner's Guide\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices