NEAR FOUNDATION JOINS CELESTIA IN RACE TO PROVIDE 'DATA AVAILABILITY' FOR ETHEREUM ROLLUPS

Summary from the TLDR Crypto newsletter

The Near Foundation is developing a data availability solution, NEAR DA, designed to ease the data storage load on the Ethereum blockchain. NEAR DA promises to lower costs of posting data on the network, making it significantly cheaper than Ethereum. It functions as an alternative venue for data produced by rapidly growing networks or auxiliary blockchains. Initial users of NEAR DA include Madara by Starknet, Caldera and Movement Labs.