What is Celestia Coin (TIA)?

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Celestia ( TIA ) is one of the innovative projects that introduces a new paradigm in blockchain technology and highlights the concept of “modular blockchain”. Designed in 2019 by Mustafa Al-Bassam, Ismail Khoffi, and Dan Boneh , Celestia aims to address the scalability and flexibility issues faced by traditional monolithic blockchain architectures. Celestia ’s main goal is to facilitate data availability and consensus of blockchain applications, allowing developers to create more flexible and customizable blockchains.

Celestia’s modular approach divides phone number library blockchain functionality into four main layers: Consensus, Execution, Settlement, and Data Availability. While traditional blockchains typically integrate these functions into a single structure, Celestia treats these functions separately, allowing each to be optimized and scaled. This modular structure gives developers the flexibility to create blockchains customized to their needs.

One of Celestia’s most important innovations is a technique called “data availability sampling” (DAS). This technique allows nodes on the network to verify the validity of blocks without having to download the entire block data. DAS allows Celestia to achieve high levels of scalability. For example, while on a traditional blockchain each node must download an entire 1MB block, on Celestia a node can verify the validity of the same block by sampling just a few kilobytes of data. This significantly increases the network’s data processing capacity.

Celestia’s architecture is specifically designed to support Layer 2 scaling solutions known as “rollups.” Rollups increase transaction throughput by processing transactions off the main chain and only sending results to the main chain. Celestia maximizes the potential of this technology by providing a secure and efficient data availability layer for rollups. For example, a DeFi application can create its own private rollup on Celestia and process thousands of transactions per second, but the security and data availability of these transactions are guaranteed by Celestia.