Celestia is a platform that enables you to easily launch your own customisable blockchain. It does this by taking a modular approach. Unlike traditional monolithic blockchains that handle all functions within a single layer, in Celestia’s modular approach each given function is handled individually as a specialism to give developers greater flexibility and efficiency.
Note
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Who uses Celestia?
Celestia caters to developers and organisations that want to build scalable and customisable blockchain applications that require specific execution environments, consensus mechanisms, or data availability solutions – providing the flexibility to tailor blockchain infrastructure to unique needs.
Who created Celestia?
Celestia was co-founded by Mustafa Al-Bassam, a former member of the hacktivist group LulzSec and a Ph.D. graduate from University College London; Ismail Khoffi, who previously worked as a software engineer at Tendermint; and John Adler, a scalability research fellow at ConsenSys. Founded in 2019 under the name LazyLedger, the company rebranded to Celestia in 2021 to better reflect its mission of enabling a modular blockchain architecture.
How does Celestia work?
Celestia operates by decoupling the core components of a blockchain – consensus, data availability, and execution – into separate layers. This modular approach allows each layer to specialise and optimise for its specific function. For instance, Celestia provides a consensus and data availability layer that ensures transaction data is ordered and available, while execution layers can be built independently on top, enabling diverse and scalable blockchain applications.
What is the native cryptocurrency of Celestia?
The native cryptocurrency of the Celestia network is TIA. TIA tokens are used to pay for transaction fees, secure the network through staking, and participate in governance decisions, allowing token holders to influence the protocol's development and policies.
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