Celestia is a new technology designed to power, scale, and secure web3 applications. It introduces a novel blockchain architecture known as modular blockchains to address the core scaling challenges faced by today's blockchains.
Modular blockchains represent a new approach to blockchain design. Instead of a single blockchain trying to handle all functions, modular blockchains specialize and optimize for specific tasks. This specialization leads to significant advancements in scalability, flexibility, and interoperability, enabling developers to create blockchain applications with the potential for mass adoption.
To address scalability, Celestia introduces a feature called "data availability sampling," which allows for the safe increase of block size as more light nodes join the network. Importantly, these block size increases do not compromise Celestia's security or decentralization, unlike traditional blockchains.
Due to Celestia's modular architecture, it has the flexibility to support any programming language or virtual machine (VM). Currently supported languages include Solidity (Ethereum Virtual Machine or EVM), Rust, and Golang (Cosmos SDK). Developers are also free to use any existing language and VM, or even define their own.
Developers interested in working with Celestia can refer to the documentation to get started with building on the platform. Additionally, Celestia supports multiple testnets that users can utilize to run nodes in preparation for the mainnet.
Celestia is designed to have its own token, which will serve several purposes. It will be used for securing the network through Proof of Stake and to pay for transaction fees on the network. Additionally, there will be a fee burn mechanism similar to EIP-1559 in Ethereum.
For more detailed information, you can visit the Celestia website and explore their resources, including the developer portal, documentation, and GitHub repositories.
Please like and follow 🥰.