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Source: Bankless; Compilation: Songxue, Bitchain Vision Realm
Celestia is a data availability (DA) blockchain, which aims to be the economy and efficient center of launching transaction data as L2 Rollup.
Celestia allows the Rollup team to avoid the needs of managing their own DA solutions, but only focuses on the execution layer of transactions, thereby helping the project start L2.
Celestia’s working principle
Celestia infrastructure is the core of equity (POS) blockchain,It depends on Celestia-Core (modified version of the Tendermint consensus algorithm).In addition to this architecture, Celestia also revolves around two main functions:Data availability sampling (DAS) and naming space Merkle tree (NMT).
DAS is a technology that allows light nodes to verify data in the CELESTIA network without downloading the entire block.This is achieved by dividing the data into blocks, encoding them, and then sampled by these fragments.Therefore, the light node can effectively verify the availability of data by checking a small part of the block.
In addition, NMT is another key feature of Celestia.They allow the network to classify data into different “naming spaces” so that applications can download only data related to them.This selective data retrieval makes Celestia more efficient and scalable, especially for applications that only need to choose blockchain data.
Celestia’s main network
The Celestia main network launched the test version in October 2023.Given that the network has recently launched, there are not many L2 use it in production to meet DA needs.
However, many extended solutions that are still under development have announced the plan to use Celestia for DA, including Hypr, Lyra Chain, and Nitrogen.In the next few months, more projects are expected to be launched through the Internet.
$ TIA token
Celestia’s native cryptocurrency is $ TIA, with a creation of 1 billion in the creation of the world, and the annual inflation rate has continued to decline. The start is 8%, and it is stable to 1.5%.
Developers use the token to pay the DA fee on CELESTIA, and it is also provided as a ready -made GAS tokens for the new ROLLUP.Through its POS system, $ TIA holders can protect the network by entrust the tokens to the verified as the verifiedan, and the tokens can also enable the holder to participate in Celestia’s governance and enable them to vote for online decisions.
At the latest update of this guide, the transaction price of $ TIA was about $ 17.48, with a market value of 2.77 billion US dollars. At present, it has made it the 32nd Crypto Currency.
If you are interested in pledged $ TIA to earn pledge rewards and potential airdrops, it is easy to start here.The process is shown below:
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Create Celestia wallet— Keplr is a good choice. It is a user -friendly browser wallet that is suitable for COSMOS chains such as CELESTIA. It also provides a simplified pledge interface.
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Get $ TIA— The easiest way is to buy $ TIA on cryptocurrency exchanges such as Coinbase or Kraken.When you are ready to pledge funds, save them into the CELESTIA address generated in Keplr.
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Pure through Keplr– With your TIA dollars and click the “Manage the Investment Portrait in the Keplr instrument panel” in the wallet.In the “Pickup” center, click “Celestia”, and then select the verified by the provided list.Enter the $ TIA amount you want to pledge and use your wallet to approve the final transaction.
Celestiagetting Started
To start a deep understanding of the Celestia ecosystem, please be sure to view these useful resources:
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Celestia docs– Celestia’s official document.
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Modular cloud– Block browser used to analyze CeleStia data.
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Celestia ecosystem– Project database on Celestia.
Future map
Celestia has become the L2 high -efficiency center that hopes to simplify data availability challenges.Its innovative function (such as data availability sampling and naming space Merkle tree) enhances the scalability and selectivity of data access.With the role of its original currency $ TIA in pledge and network governance, Celestia not only paved the road for simplifying the development of blockchain, but also has huge growth potential and influence in the encrypted economy, standing out in the market.
