Celestia
TIA
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About Celestia
Celestia is a modular data availability network built with the Cosmos SDK. Celestia’s unique architecture offers developers a platform to build highly scalable decentralized applications and rollups. As Celestia directly provides the data availability and consensus layer, and Optimint provides the settlement layer, developers only have to focus on building the execution layer. TIA is the native token of Celestia, and can be used for gas fee payment, network governance, and staking participation.
Resources
Celestia (TIA) is a modular blockchain network that seeks to redefine the architecture of blockchain technology. It is designed to allow anyone to deploy their own blockchain with minimal overhead. Celestia's approach separates the consensus and execution layers of blockchain, aiming to create a more scalable and customizable environment for developers. This network introduces a new primitive, data availability sampling, which allows it to scale by decoupling execution from consensus. Celestia does not impose any execution or settlement constraints, providing developers with the freedom to define their own execution and settlement environments. This flexibility opens up a world of new possibilities for builders and developers in the blockchain space.
Celestia operates by separating the core functions of a blockchain, thus aiming to overcome the scaling difficulties faced by traditional monolithic blockchains. It introduces the concept of modular blockchains, which decouple consensus from the execution of transactions. This allows for greater scalability without compromising security or decentralization. Celestia's network is designed to ensure data availability, a critical aspect of blockchain technology. It uses a technique known as data availability sampling, which allows nodes to verify that data is available for a block without having to download the entire block. This approach aims to minimize the resources required to reach consensus, as transaction validity rules can be decoupled from consensus rules.
Celestia's modular approach to blockchain technology opens up a wide range of potential use cases. It allows for easier experimentation as new application-specific or general-purpose blockchains can be deployed to Celestia and immediately inherit security from Celestia’s validator set. This enables developers to have control over the rules of an application through sovereignty, as they can make alterations to the tech stack without needing permission from outside applications. Furthermore, Celestia's focus on data availability makes it a suitable platform for applications that require high levels of data integrity and accessibility.
The concept of Celestia was born out of a desire to rethink blockchain architecture from the ground up. The project was inspired by the limitations of traditional monolithic blockchains, which perform all core functions of a blockchain, leading to scaling difficulties. Celestia's approach to blockchain technology was first outlined in a document titled "LazyLedger: A Distributed Data Availability Ledger With Client-Side Smart Contracts" by Mustafa Al-Bassam from the Department of Computer Science at University College London. The document proposed a design for distributed ledgers where the blockchain is optimized solely for ordering and guaranteeing the availability of transaction data. This marked the beginning of the journey towards the creation of Celestia, the first modular blockchain network.
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Market
Spain Market Stats
€1.9B
€106.5M
187.9M TIA
31 days
#56
€19.32
Spain Market performance
+0.21%
+3.79%
+20.36%
+17.33%
+8.26%
+454.66%
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Social
Some highlights about Celestia on social media
1,376 unique individuals are talking about Celestia and it is ranked #89 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Celestia has an average sentiment score of 3.3 out of 5. Finally, Celestia is becoming less newsworthy, with 0 news articles published about Celestia. This is a 100% decrease in news volume compared to yesterday.
On Twitter, people are mostly neutral about Celestia. There were 35.19% of tweets with bullish sentiment compared to 14.81% of tweets with a bearish sentiment about Celestia. 50% of tweets were neutral about Celestia. These sentiments are based on 216 tweets.
On Reddit, Celestia was mentioned in 57 Reddit posts and there were 30 comments about Celestia. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
1,376 people
148 posts
0.39%