Celestia
TIA Price
Celestia (TIA) is a modular blockchain network that redefines traditional blockchain architecture. More
| Fully Diluted Valuation | $2.08B |
|---|---|
| 24H Trading Volume | $202.94M |
| 24H Low / High | $1.83 / $ 2.01 |
| Circulating Supply | 710.10 M |
| Total Supply | 1.14 B |
| Max Supply | 0.00 |
| Categories | Data Availability 15 more |
|---|---|
| Founder | Mustafa Al-Bassam |
| Website | celestia.org 1 more |
| Socials | 6 more |
| Chains | Osmosis Ecosystem 2 more |
| Explorer | Mintscan 6 more |
| Contracts |
ibc/D....B3877
2 more
|
| Name | Pair | OG Score |
|---|
In the ever-evolving landscape of blockchain technology, Celestia (TIA) emerges as a solution, challenging the status quo of traditional monolithic blockchains. Born out of a vision to rethink blockchain architecture from the ground up, Celestia introduces a modular approach that empowers developers to deploy their own blockchain with minimal overhead.
At its core, Celestia's innovation lies in the separation of consensus and execution layers. Unlike monolithic blockchains that face scaling difficulties due to the performance of all core functions, Celestia's modular design decouples consensus from the execution of transactions. This strategic move enhances scalability without compromising security or decentralization.
One of Celestia's key features is the introduction of a novel primitive called data availability sampling. This technique enables efficient scaling by allowing nodes to verify the availability of data for a block without the need to download the entire block. This not only streamlines the consensus process but also minimizes the resources required, fostering a more agile and scalable environment.
Developers leveraging Celestia gain unparalleled freedom to define their execution and settlement environments. The absence of imposed execution or settlement constraints unlocks new possibilities, providing builders with a customizable canvas to bring their visions to life. This flexibility is further underscored by Celestia's commitment to a modular consensus and data network, facilitating the deployment of new application-specific or general-purpose blockchains.
In the realm of scalability, Celestia's data availability layer plays a pivotal role. It enables Layer 2 Rollups – a relatively new type of blockchain – to offload some of their work to Celestia. Rollups publish transaction data to Celestia, where it is ordered and made available for users. This collaborative approach not only accelerates the launch of Layer 2s but also grants them a level of sovereignty akin to Layer 1s, coined as "sovereign rollups."
The potential use cases for Celestia are vast and diverse. Its modular architecture facilitates experimentation, allowing developers to deploy new blockchains to Celestia and inherit security from its validator set immediately. This unique feature grants developers control over application rules through sovereignty, enabling alterations to the tech stack without requiring permission from external applications.
Celestia's focus on data availability positions it as an ideal platform for applications requiring high levels of data integrity and accessibility. Whether it's running a validator node, a bridge node, or a light client to support the network, Celestia offers a versatile environment for a myriad of blockchain-related endeavors.
The history of Celestia traces back to a pivotal document titled "LazyLedger: A Distributed Data Availability Ledger With Client-Side Smart Contracts." Inspired by the limitations of traditional monolithic blockchains, this document outlined a vision for a distributed ledger optimized for ordering and ensuring the availability of transaction data. This marked the inception of Celestia, the first modular blockchain network poised to redefine the future of blockchain technology.
In conclusion, Celestia (TIA) stands at the forefront of blockchain innovation, offering a modular and scalable solution that empowers developers and builders. With its commitment to decoupling consensus from execution and embracing a data availability layer, Celestia paves the way for a new era of Web3 innovation in the coming decade.
Celestia's innovative approach to scaling involves separating consensus from execution, enabling a modular blockchain architecture. This not only enhances scalability but also fosters rapid Web3 innovation by allowing developers to deploy blockchains with ease and experiment freely.
Celestia stands out as the first modular blockchain network, redefining traditional blockchain architecture by introducing data availability sampling, decoupling execution from consensus. This modular approach allows easy deployment of customized blockchains with minimal overhead, providing developers unprecedented freedom and scalability.
The founders of Celestia is Mustafa Al-Bassam.
Specific supporters and investors of the project are unknown. For up-to-date investor/backer information, please visit the project's official website.
You can buy Celestia (TIA) on Binance, BitgetBybitCoinbaseOKX cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Celestia (TIA) is ($710,095,450), max supply of Celestia TIA is ($0) and the market cap of Celestia TIA is ($1,301,303,957).
What is the Celestia (TIA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Celestia (TIA) is $1. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Celestia (TIA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Celestia TIA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Celestia (TIA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Celestia (TIA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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