Celestia (TIA) is an innovative modular blockchain network designed to facilitate the deployment of customized blockchains with minimal overhead.
Founded in 2019 by Mustafa Al-Bassam, Ismail Khoffi, and John Adler, Celestia introduces an approach that separates data availability from transaction execution, allowing for greater efficiency and customization.
Main features:
Decentralization: Operates on a global network of computers (blockchain) that records and validates transactions transparently and securely, without a central authority.
Modular architecture: Celestia allows the decoupling of consensus from transaction execution, making it easier to create specialized blockchains tailored to specific applications.
Data availability sampling: Implements an innovative method that ensures the data needed to validate transactions is available to all network participants without each node needing to download the full data set.
Utilities:
Rapid deployment of blockchains: Celestia allows developers to launch their own blockchains quickly and efficiently, leveraging the security and scalability of the network.
Scalability: By decoupling execution from consensus, Celestia enables developers to create specialized blockchains tailored to specific applications.
Developer sovereignty: Developers have the freedom to modify the technology stack of their blockchain without requiring permission from other applications on the network, fostering innovation and the creation of diverse ecosystems.
Whitepaper:
The Celestia whitepaper is available on its official website.
Annual price evolution of Celestia (TIA):
This is a list with the approximate price of TIA at the end of each year since its launch:
2023: $0.50
2024: $7.31 (as of November 24)
* A project that may be interesting to study calmly and assess the progress it is making for the future, lest it all turn out to be mere words *
