How Celestia (TIA) is Revolutionizing the Blockchain Space with its Modular Approach
Celestia (TIA) is a cryptocurrency that powers a modular data availability network. Celestia allows developers to build and deploy their own blockchains and decentralized applications with minimal overhead and maximum scalability. This innovation makes it easier for anyone to create their own blockchain, offering a user-friendly approach to development.
Celestia achieves scalability by redesigning blockchain architecture from scratch. It adopts a minimalist design that separates consensus from execution, and introduces a new technique called data availability sampling. This technique ensures that the data on the network is always accessible and verifiable, even if some nodes are offline or malicious. This improves the efficiency and security of the network.
Celestia also offers flexibility to developers, as it does not enforce any specific execution or settlement rules. Developers can choose their own execution and settlement environments, such as smart contracts, state channels, rollups, or other custom solutions. This enables developers to tailor their applications to their specific needs and preferences.
TIA price surge At the time of writing, TIA’s price was $6.32, which represents a 15.99% increase in the last 24 hours and a staggering 163.45% increase in the last 7 days, capping off an almost 200% surge in price in the last month. Our projection is that $TIA will hit $20 to catch up with its competitions.
Its market cap soared in just 15 days, from almost zero to a remarkable $885 million on November 15. The rise of TIA’s value is believed to be linked to the launch of Celestia’s mainnet beta on October 31, which marked the beginning of the modular blockchain era.
Another factor that may have boosted its value is the listing of the asset on Binance, one of the largest and most popular cryptocurrency exchanges in the world. This listing showcases Celestia’s promising scalability solutions, which are a challenge that competitors like Ethereum (ETH) and Solana (SOL) have struggled to deliver to their users.
However, Celestia’s online buzz has seen a significant decline. Despite this drop in social media activity on platforms such as Twitter, Telegram, and Reddit, TIA maintains a loyal and engaged community of supporters and developers.
