$TIA
๐ Fresh news in the crypto world! Celestia, a layer-1 data availability network, has revealed its technical roadmap for scaling block sizes to 1 gigabyte. This promises to dramatically increase data throughput and reduce transaction costs.
- **Goal**: Scale to 1 GB blocks to improve transaction efficiency and capacity.
- **Competition**: Protocols like EigenDA and Avail, and the Ethereum mainnet.
- **Impact**: Ability to process more transactions than Visa (24,000 TPS).
Celestia has been gaining market share since May, reaching 40% in July. Ethereum remains the leader in decentralization and TVL, but Celestia is not limited by execution layer overhead.
๐ฌ What do you think about this competition in the blockchain world? Leave us your comments!