In addition, the cryptocurrency market is highly competitive and Celestia has to compete with established projects. The success of TIA coin depends largely on user adoption. If the project does not attract enough interest or its use cases are limited, this could negatively affect the value and liquidity of TIA coin.
However, Celestia offers a paradigm-shifting approach to blockchain technology. With its modular architecture, data availability sampling, and rollup support, Celestia has the potential to shape the future of the blockchain ecosystem. By bringing innovative solutions to the scalability and resiliency issues faced by traditional blockchains, Celestia can pave the way for broader adoption of Web3 and decentralized applications.
What is Celestia?
Celestia is a modular blockchain network phone number library that aims to increase blockchain scalability. By separating data availability and consensus layers, it offers a more efficient and flexible blockchain architecture.
What is the purpose of the TIA token?
TIA token/coin is the native token of the Celestia network. It is staked to secure the network, used to pay transaction fees, and participates in network governance.
How is Celestia different from other blockchains?
The key differentiator of Celestia is its modular structure and data availability sampling technology, which enables higher scalability and data efficiency.