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Celestia advances in blockchain tech with a $100 million investment boost.
The blockchain space has witnessed a significant development with the Celestia Foundation's recent $100 million investment round. Led by Bain Capital Crypto and supported by several other prominent investors, this funding brings Celestia's total raised capital to an impressive $155 million.
Introducing Modular Consensus: Redefining Blockchain Architecture
Celestia's Mainnet Beta, launched in October 2023, represents a paradigm shift in blockchain design. Moving away from the traditional monolithic structure, Celestia introduces a modular framework that offers developers unprecedented flexibility. This innovative approach allows for custom smart contract languages, virtual machines, and rollup frameworks, opening up new possibilities for high-performance decentralized applications.
The impact of Celestia's technology is already evident. In the short time since its launch, developers have deployed 20 rollup chains on the network, which has processed over half of all data published by rollups. This early success hints at the transformative potential of Celestia's modular architecture.
Ambitious Goals: Scaling to New Heights
Celestia's developer community has set its sights on an ambitious target: achieving 1 GB block sizes. If realized, this could potentially rival the throughput of multiple Visa networks combined. Such a breakthrough would mark a significant milestone in blockchain scalability, potentially enabling vast decentralized ecosystems while maintaining efficiency and verifiability.
Mustafa Al-Bassam, Celestia's co-founder and Foundation Chairman, drew an interesting parallel between Celestia's evolution and the internet's progression from dial-up to broadband. With the prospect of 1 GB blocks on the horizon, Celestia aims to usher in a new era of blockchain infrastructure comparable to the leap to fiber-optic internet.
Empowering Developers and Reshaping Blockchain Ecosystems
Celestia's modular architecture offers more than just improved scalability. It provides a flexible foundation for developers to build diverse blockchain solutions, whether they're looking to scale existing networks like Ethereum or create entirely new blockchain ecosystems.
With this substantial funding boost, Celestia is well-positioned to drive forward its vision of a more scalable, customizable blockchain future. As the project continues to develop, it may well redefine the possibilities for high-throughput, decentralized applications in the blockchain space.
#celestia #TIA #CelestiaToTheMoon #MustafaAlBassam #ModularBlockchain
Introducing Modular Consensus: Redefining Blockchain Architecture
Celestia's Mainnet Beta, launched in October 2023, represents a paradigm shift in blockchain design. Moving away from the traditional monolithic structure, Celestia introduces a modular framework that offers developers unprecedented flexibility. This innovative approach allows for custom smart contract languages, virtual machines, and rollup frameworks, opening up new possibilities for high-performance decentralized applications.
The impact of Celestia's technology is already evident. In the short time since its launch, developers have deployed 20 rollup chains on the network, which has processed over half of all data published by rollups. This early success hints at the transformative potential of Celestia's modular architecture.
Ambitious Goals: Scaling to New Heights
Celestia's developer community has set its sights on an ambitious target: achieving 1 GB block sizes. If realized, this could potentially rival the throughput of multiple Visa networks combined. Such a breakthrough would mark a significant milestone in blockchain scalability, potentially enabling vast decentralized ecosystems while maintaining efficiency and verifiability.
Mustafa Al-Bassam, Celestia's co-founder and Foundation Chairman, drew an interesting parallel between Celestia's evolution and the internet's progression from dial-up to broadband. With the prospect of 1 GB blocks on the horizon, Celestia aims to usher in a new era of blockchain infrastructure comparable to the leap to fiber-optic internet.
Empowering Developers and Reshaping Blockchain Ecosystems
Celestia's modular architecture offers more than just improved scalability. It provides a flexible foundation for developers to build diverse blockchain solutions, whether they're looking to scale existing networks like Ethereum or create entirely new blockchain ecosystems.
With this substantial funding boost, Celestia is well-positioned to drive forward its vision of a more scalable, customizable blockchain future. As the project continues to develop, it may well redefine the possibilities for high-throughput, decentralized applications in the blockchain space.
#celestia #TIA #CelestiaToTheMoon #MustafaAlBassam #ModularBlockchain
$TIA / USDT -update: 220 Days downtrend breakout 🚀
Correction phase before the moonshot?📈
🌐The modular blockchain ecosystem is growing fast!
I can see that we're going to see another sharp price rise in the next few weeks / days for #celestia 🚀
🐋Here's why:
-Cup & Handle pattern daily📈
-Oversell zone weekly📈
-Bullish Reversal pattern [HTF] 📈
-220 days downtrend breakout 📈
🔶As far as I can see, the fund's trend has become bullish again. In other words, price fluctuations are now partly dependent on whales and large investors, who seem increasingly interested in entering these levels.
🔶In the short term, I therefore see a bullish consolidation (bullish pattern possible), before a strong return to the upside, towards the $9 - $10 zone.
🎯Key supports to watch on:
Golden pocket: 5.450$ zone
50% fib: 5.150 - 5.100$
💡As long as prices hold above, it's fine for the bull case.
To avoid the short term volatility, I recommend you to hold on SPOT to enjoy the upcoming ride!💰 📈
#TIA.智能策略库🥇🥇 #tiabreakout #BullRunAhead
Correction phase before the moonshot?📈
🌐The modular blockchain ecosystem is growing fast!
I can see that we're going to see another sharp price rise in the next few weeks / days for #celestia 🚀
🐋Here's why:
-Cup & Handle pattern daily📈
-Oversell zone weekly📈
-Bullish Reversal pattern [HTF] 📈
-220 days downtrend breakout 📈
🔶As far as I can see, the fund's trend has become bullish again. In other words, price fluctuations are now partly dependent on whales and large investors, who seem increasingly interested in entering these levels.
🔶In the short term, I therefore see a bullish consolidation (bullish pattern possible), before a strong return to the upside, towards the $9 - $10 zone.
🎯Key supports to watch on:
Golden pocket: 5.450$ zone
50% fib: 5.150 - 5.100$
💡As long as prices hold above, it's fine for the bull case.
To avoid the short term volatility, I recommend you to hold on SPOT to enjoy the upcoming ride!💰 📈
#TIA.智能策略库🥇🥇 #tiabreakout #BullRunAhead
$TIA - Mid term view:
220 day downtrend breakout🚀
Cup & Handle daily🚀
Send it back to 8/50 - 10$ 📈
PATIENCE = PROFITS 💰
#trading #crypto #tia #Tia/usdt. #celestia
220 day downtrend breakout🚀
Cup & Handle daily🚀
Send it back to 8/50 - 10$ 📈
PATIENCE = PROFITS 💰
#trading #crypto #tia #Tia/usdt. #celestia
This Celestia TIA and Polygon collaboration could mark a turning point in the pursuit of a fully decentralized financial system. By combining the strengths of both platforms, they offer an alternative that challenges the status quo of the banking industry. In this emerging system, blockchain technology becomes a key player in offering financial services that are more inclusive, efficient, and aligned with the ethos of decentralization.
The integration of Celestia and Polygon is poised to revolutionize blockchain technology, heralding a new era of customization, scalability, and, importantly, decentralization. It symbolizes a bold step towards a world where blockchain technology not only complements but also challenges traditional banking systems, offering a decentralized and user-empowered alternative. This collaboration has the potential to redefine financial interactions, making them more accessible, transparent, and equitable for all.
If Bitcoin is the gold standard in the digital currency space, the Celestia and Polygon collaboration could be viewed as the diamond – exceptional and transformative. It's important to note, however, that while technical analysis offers valuable insights, it is not infallible and should be considered alongside the broader context of blockchain's evolution and its role in maintaining decentralized currencies beyond the reach of traditional banking systems. #TIA #celestia #PolygonVsEthereum
The integration of Celestia and Polygon is poised to revolutionize blockchain technology, heralding a new era of customization, scalability, and, importantly, decentralization. It symbolizes a bold step towards a world where blockchain technology not only complements but also challenges traditional banking systems, offering a decentralized and user-empowered alternative. This collaboration has the potential to redefine financial interactions, making them more accessible, transparent, and equitable for all.
If Bitcoin is the gold standard in the digital currency space, the Celestia and Polygon collaboration could be viewed as the diamond – exceptional and transformative. It's important to note, however, that while technical analysis offers valuable insights, it is not infallible and should be considered alongside the broader context of blockchain's evolution and its role in maintaining decentralized currencies beyond the reach of traditional banking systems. #TIA #celestia #PolygonVsEthereum
(ALT) $100 Million Airdrop Coming Next Week, Watch Out.
ABOUT ALT LAYER TOKEN
*AltLayer
(ALT) has already gone live with it's $100 million token Airdrop to
early users, while two other protocols are planning even bigger airdrops
in coming days.
Ethereum scaling solution AltLayer (ALT) has
become the first of at least three protocols to go live with over $100
million in token Airdrops over the coming week.
The ALT token and
the claiming process went live at 9 am UTC January 25. With an
allocation of 300 million tokens to the initial Airdrop and an average
daily price of $0.32, the total airdrop comes to around $96 million at
current prices.
Updates: $ALT Airdrop Claims have now opened as of 9:00 AM UTC.
Those eligible for AltLayer Airdrop Season One please visit the official airdrop website to claim your $ALT !
Rest assured you will have one month to claim your $ALT tokens.
-AltLayer (@alt_layer) January 30, 2024
Celestia
stalkers looking to get their hands on the ALT airdrop will have to
wait a while longer, however, with AltLayer claiming that “technical
differences in the claiming mechanism” had delayed the Airdrop for
Celestia.
AltLayer’s airdrop comes amid several projects also
expected to drop respective tokens to eligible claimants within the next
week.
Multilayer roll-up deployer Dimension is planning to
launch it's mainnet sometime in the coming days and is airdropping 70
million DYM tokens, with a distribution weighted heavily toward Celestia
stalkers and Pudgy Penguin NFT holders but also to Solana and Ethereum
ecosystem participants.
The claiming period for Dimension closed on January 21, meaning holders who didn't claim their airdrop have now missed out.
The post AltLayer Token (ALT) $100 Million Airdrop Coming Next Week, Watch Out! appeared first on Bitcoin world.
#celestia #Write2Earn #TrendingTopic
ABOUT ALT LAYER TOKEN
*AltLayer
(ALT) has already gone live with it's $100 million token Airdrop to
early users, while two other protocols are planning even bigger airdrops
in coming days.
Ethereum scaling solution AltLayer (ALT) has
become the first of at least three protocols to go live with over $100
million in token Airdrops over the coming week.
The ALT token and
the claiming process went live at 9 am UTC January 25. With an
allocation of 300 million tokens to the initial Airdrop and an average
daily price of $0.32, the total airdrop comes to around $96 million at
current prices.
Updates: $ALT Airdrop Claims have now opened as of 9:00 AM UTC.
Those eligible for AltLayer Airdrop Season One please visit the official airdrop website to claim your $ALT !
Rest assured you will have one month to claim your $ALT tokens.
-AltLayer (@alt_layer) January 30, 2024
Celestia
stalkers looking to get their hands on the ALT airdrop will have to
wait a while longer, however, with AltLayer claiming that “technical
differences in the claiming mechanism” had delayed the Airdrop for
Celestia.
AltLayer’s airdrop comes amid several projects also
expected to drop respective tokens to eligible claimants within the next
week.
Multilayer roll-up deployer Dimension is planning to
launch it's mainnet sometime in the coming days and is airdropping 70
million DYM tokens, with a distribution weighted heavily toward Celestia
stalkers and Pudgy Penguin NFT holders but also to Solana and Ethereum
ecosystem participants.
The claiming period for Dimension closed on January 21, meaning holders who didn't claim their airdrop have now missed out.
The post AltLayer Token (ALT) $100 Million Airdrop Coming Next Week, Watch Out! appeared first on Bitcoin world.
#celestia #Write2Earn #TrendingTopic
LIVEWasi Crypto Expert
--
DUMP SOON MINA/ USDT
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Leverage : 10x to 5x
Take profit : 0.7
0.6
0.6
0.5
DCA Level: 1$
#BTC #safereum #etf #solana #cbdc
$BTC $MINA
Trade type : Short
Leverage : 10x to 5x
Take profit : 0.7
0.6
0.6
0.5
DCA Level: 1$
#BTC #safereum #etf #solana #cbdc
$BTC $MINA