Derived from HashNews, Astria Network, a project built on Celestia, intentionally ceased operations on block 15,360,577 on December 2, marking the formal shutdown of its shared sequencer network. Launched in 2023, the project aimed to provide decentralized sequencer solutions for L2 networks and had raised a total of $18 million. However, due to limited adoption, gradual shutdown of key components, and development interruptions, the team decided to fully exit the market without disclosing detailed reasons for the closure.
Astria Network Based on Celestia Halts Shared Sequencer Network
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.