See original
Nazwan Tirta Hanggara
--
CELESTIA (TIA)
Main Thesis
Celestia's main thesis revolves around modular blockchain architecture and providing a scalable, flexible data availability layer for decentralized applications (dApps). Here's a summary of its core ideas:
1. Separation of Consensus and Execution
Celestia decouples the consensus layer (responsible for maintaining blockchain security and order) from the execution layer (where smart contracts run). This modular design allows developers to create their own customized execution environments without being tied to the consensus mechanism of a monolithic blockchain.
2. Data Availability Sampling (DAS)
Celestia introduces an innovative data availability sampling method. It ensures that data is available to users and validators without requiring every node to store the entire blockchain, significantly enhancing scalability.
3. Scalability and Interoperability
By focusing on data availability and consensus, Celestia allows different execution layers to interoperate seamlessly. It supports sovereign rollups, enabling applications to have their own governance and rules while benefiting from the security of Celestia's consensus layer.
4. Developer Empowerment
The modular framework provides developers with the freedom to choose or create execution environments tailored to their needs, reducing constraints faced in traditional blockchain ecosystems.
Celestia's approach is designed to overcome limitations of monolithic blockchains like Ethereum, offering a new paradigm for scalable, decentralized, and application-specific blockchain deployments.
Project
The next developments in Celestia's (TIA) roadmap focus on scaling its modular blockchain ecosystem and enhancing its utility for developers and projects. Celestia separates data availability and consensus from execution, enabling modular blockchains to scale more efficiently. This unique architecture is key to its value proposition in the blockchain space.
Additionally, Celestia is encouraging staking to bolster network security, with TIA stakers possibly eligible for future airdrops. Its deflationary tokenomics model aims to reduce inflation over time, creating scarcity and potentially increasing long-term value.
Developers and contributors can leverage tools like the Celestia App Store, and integrations with ecosystems like Cosmos and Ethereum rollups enhance cross-platform compatibility. The project’s modular approach is designed to attract developers by addressing scalability and decentralization issues.
For more detailed updates, keep an eye on Celestia's official announcements and community discussions.
Founder
Celestia (TIA) was founded by Mustafa Al-Bassam, Ismail Khoffi, and Nick White. Here's a summary of their backgrounds:
1. Mustafa Al-Bassam: Known for his past as a hacker, Mustafa transitioned into blockchain development after completing a degree in computer science. He is recognized for his technical expertise and innovative thinking, which have been crucial in developing Celestia's modular blockchain architecture.
2. Ismail Khoffi: With a strong background in distributed computing, Ismail has contributed significantly to the technical aspects of Celestia. His expertise ensures that Celestia's modular blockchain system is robust and scalable.
3. Nick White: As the COO of the Celestia Foundation, Nick brings experience from co-founding the Harmony Protocol, another prominent blockchain project. His leadership and operational knowledge help drive Celestia's strategic goals.
The team behind Celestia aims to revolutionize blockchain by introducing modular architecture, which separates the consensus, data availability, settlement, and execution layers. This design allows for greater scalability and flexibility for developers building on blockchain.
Price Alert
As of now, the price of Celestia (TIA) is fluctuating within key resistance and support levels. Predictions suggest that TIA's price by the end of December 2024 might range between $3.75 (support level) and $6.67 (first resistance level), depending on market sentiment and trading volume. The price trend currently appears bearish, with a 50-day moving average higher than the current price.
For better monitoring and timely trading, consider setting price alerts near these levels:
Support Level: $3.75
Resistance Level: $6.67
Additionally, keeping an eye on technical indicators such as RSI and ADX can help anticipate potential price movements and volatility.
Celestia's main thesis revolves around modular blockchain architecture and providing a scalable, flexible data availability layer for decentralized applications (dApps). Here's a summary of its core ideas:
1. Separation of Consensus and Execution
Celestia decouples the consensus layer (responsible for maintaining blockchain security and order) from the execution layer (where smart contracts run). This modular design allows developers to create their own customized execution environments without being tied to the consensus mechanism of a monolithic blockchain.
2. Data Availability Sampling (DAS)
Celestia introduces an innovative data availability sampling method. It ensures that data is available to users and validators without requiring every node to store the entire blockchain, significantly enhancing scalability.
3. Scalability and Interoperability
By focusing on data availability and consensus, Celestia allows different execution layers to interoperate seamlessly. It supports sovereign rollups, enabling applications to have their own governance and rules while benefiting from the security of Celestia's consensus layer.
4. Developer Empowerment
The modular framework provides developers with the freedom to choose or create execution environments tailored to their needs, reducing constraints faced in traditional blockchain ecosystems.
Celestia's approach is designed to overcome limitations of monolithic blockchains like Ethereum, offering a new paradigm for scalable, decentralized, and application-specific blockchain deployments.
Project
The next developments in Celestia's (TIA) roadmap focus on scaling its modular blockchain ecosystem and enhancing its utility for developers and projects. Celestia separates data availability and consensus from execution, enabling modular blockchains to scale more efficiently. This unique architecture is key to its value proposition in the blockchain space.
Additionally, Celestia is encouraging staking to bolster network security, with TIA stakers possibly eligible for future airdrops. Its deflationary tokenomics model aims to reduce inflation over time, creating scarcity and potentially increasing long-term value.
Developers and contributors can leverage tools like the Celestia App Store, and integrations with ecosystems like Cosmos and Ethereum rollups enhance cross-platform compatibility. The project’s modular approach is designed to attract developers by addressing scalability and decentralization issues.
For more detailed updates, keep an eye on Celestia's official announcements and community discussions.
Founder
Celestia (TIA) was founded by Mustafa Al-Bassam, Ismail Khoffi, and Nick White. Here's a summary of their backgrounds:
1. Mustafa Al-Bassam: Known for his past as a hacker, Mustafa transitioned into blockchain development after completing a degree in computer science. He is recognized for his technical expertise and innovative thinking, which have been crucial in developing Celestia's modular blockchain architecture.
2. Ismail Khoffi: With a strong background in distributed computing, Ismail has contributed significantly to the technical aspects of Celestia. His expertise ensures that Celestia's modular blockchain system is robust and scalable.
3. Nick White: As the COO of the Celestia Foundation, Nick brings experience from co-founding the Harmony Protocol, another prominent blockchain project. His leadership and operational knowledge help drive Celestia's strategic goals.
The team behind Celestia aims to revolutionize blockchain by introducing modular architecture, which separates the consensus, data availability, settlement, and execution layers. This design allows for greater scalability and flexibility for developers building on blockchain.
Price Alert
As of now, the price of Celestia (TIA) is fluctuating within key resistance and support levels. Predictions suggest that TIA's price by the end of December 2024 might range between $3.75 (support level) and $6.67 (first resistance level), depending on market sentiment and trading volume. The price trend currently appears bearish, with a 50-day moving average higher than the current price.
For better monitoring and timely trading, consider setting price alerts near these levels:
Support Level: $3.75
Resistance Level: $6.67
Additionally, keeping an eye on technical indicators such as RSI and ADX can help anticipate potential price movements and volatility.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
147
0
Replies 0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number