that Celestia Tia
+14.57%
Launched in October 2023, Celestia is a network designed to help scale by offloading the data requirements of other blockchains. Its “data availability sampling” technology allows users to validate large blocks without having to download all the data.
Network developers recently announced plans to scale Celestia to 1-gigabyte blocks (by comparison, the average Bitcoin block is 1-2 megabytes of data).
Since the mainnet launch last year, Celestia has had around 20 rollups deployed.
“When Celestia launched last year as the first modular data availability layer, it extended block space from the dial-up era to the broadband era,” Celestia Foundation Chairman Mustafa Al-Bassam said in a statement. “Now, our core developers have introduced a technology roadmap that extends block space to the fiber era, while maintaining verifiable, low latency.”
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About the Author
Daniel Kuhn is a senior journalist and editor at The Block, covering the cryptocurrency industry with a particular focus on technology. He previously served as an associate editor at CoinDesk, where he covered the opinions/articles section. He was first published in the trade publication Financial Planning. Before pursuing journalism, he studied philosophy as an undergraduate, English literature as a graduate student, and business and economic reporting at NYU’s professional program. You can connect with him on Twitter and Telegram @danielgkuhn, or find him on Urbit as ~dorrys-lonreb.