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Celestia Price

(TIA)

$0.3615
0.00%(5m)

1m5m15m1h8h1d1W
Celestia (TIA) Live Price Chart

    Celestia Live Price Data

    The live price of Celestia is 0.3615, with a total trading volume of -- in the last 24 hours. The price of Celestia changed by +0.5% in the past day, and its value has decreased by -11.07% over the last week. With a circulating supply of 919,932,996 TIA, the market cap of Celestia is currently 0 , marking a +0.5% increase today. Celestia currently ranks #96 in market cap.

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    Note: This data is for reference only.
    pk

    TIA(TIA) Profile

    altRank96
    rateBB
    Expand
    $0.3534
    $0.3652

    ATH
    $20.91143088
    Price Change (1h)
    -0.38%
    Price Change (24h)
    +0.50%
    Price Change (7d)
    -11.07%
    Market Cap
    24h Volume
    Circulating Supply
    919,932,996
    Max Supply
    1.01B

    About Celestia

    • What Is Celestia (TIA) Crypto?

      Celestia (TIA) is a scalable modular blockchain network specifically designed to address the blockchain trilemma of scalability, security, and decentralization.

      Celestia's modular design allows for the creation of specialized and self-governing blockchains called "sovereign rollups." This approach enhances scalability, flexibility, and interoperability, making it easier for developers to launch their own blockchain networks.

      Celestia has gained significant attention and is supported by renowned names in the blockchain industry, including Bain Capital Crypto and Polychain Capital. These investors led a Series A and B funding round, raising $55 million for the project at a valuation of $1 billion. Other notable investors in the project include Coinbase Ventures, Delphi Digital, Placeholder, and Jump Crypto.

      TIA is the native token of the Celestia blockchain, designed to facilitate transactions within the modular data availability network. It aims to provide a simplified framework for developing decentralized applications and has gained attention with its large airdrop and support from investors like Bain Capital Crypto and Polychain Capital.

      The Celestia airdrop saw the project’s developers distribute a total of 60 million TIA tokens to various ecosystem users and developers. Users of the top 10 Ethereum rollups, including Arbitrum and Optimism, stakers on Cosmos Hub and Osmosis, and contributors to public Github repositories, were eligible to receive TIA airdrops.

      Celestia was the inaugural project listed on KuCoin’s pre-market trading platform in October 2023.

    • How Does Celestia Blockchain Work?

      The blockchain trilemma suggests that a blockchain can prioritize only two of these properties, leaving one to be compromised. While Ethereum prioritizes decentralization and security, it faces scalability challenges.

      To overcome these challenges, Celestia adopts a modular blockchain approach. This approach involves separating different functions of a blockchain into specialized layers, creating a more efficient and flexible system than traditional monolithic designs. Celestia handles the Data Availability and Consensus functions within this modular stack.

      Data availability refers to the assurance that the necessary data to verify a block is accessible to all participants in the network. Celestia ensures data availability by allowing nodes to request random portions of a block for verification. If a requested portion is not received, the block producer has omitted that data. By taking multiple random samples, participants gain confidence that all the data in the block is available.

    • What Is Celestia Blobstream?

      Celestia BlobStream is a module or component within the Celestia blockchain network. It is designed to handle the storage and retrieval of large data blobs, such as files or multimedia content, in a decentralized and efficient manner.

      The BlobStream module utilizes a Merkle tree-based data structure to store and organize these data blobs. It provides functionalities for creating, querying, and verifying proofs related to these blobs. These proofs can include data root inclusion proofs, proofs for specific blobs or shares, and more.

      The BlobStream Orchestrator is responsible for generating attestations related to the BlobStream module. These attestations are signed using the validator's EVM (Ethereum Virtual Machine) private key. The orchestrator connects to a Celestia full node or validator node and waits for new attestations to be created within the BlobStream state machine. Once an attestation is created, the orchestrator queries and signs it using the provided EVM private key.

      Overall, Celestia BlobStream plays a critical role in enabling the storage and retrieval of large data blobs within the Celestia blockchain network while ensuring the integrity and security of the data through the use of cryptographic proofs.

    FAQ

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    • What Is Celestia Price Prediction?

    • What Is TIA Token Used for?

    • How to Stake TIA on Celestia Network

    • What is the all-time high price of Celestia (TIA)?

    • What is the all-time low price of Celestia (TIA)?

    • How much Celestia (TIA) is there in circulation?

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