Celestia (TIA)

  • Official Website: celestia.org
  • Definition: Celestia is a modular blockchain platform designed to improve scalability and data availability.
  • Category: Blockchain, Layer 1 chain, Cryptocurrency.
  • What It Is: A platform that allows developers to build scalable and customizable blockchains.
  • Function: Enables modular blockchain development and data availability for decentralized apps.
  • Analogy: Think of Celestia as a Lego set for blockchains. Developers can build custom blockchains using modular components.
  • Pros: Modular architecture, scalability, developer-friendly.
  • Cons: New and unproven, competition from other Layer 1 chains.
  • Controversies: Centralization concerns, reliance on adoption by developers.

This page was last updated on January 28, 2025.