Celestia is kicking off what some developers are dubbing the commencement of a 'modular era' in the blockchain space. As a 'modular blockchain' it has a strong focus on addressing the current issues of interoperability and scalability that plague lots of current DeFi networks. Unlike blockchains such as Ethereum, Cardano & Solana, which all attempt to handle all aspects of a decentralized network, Celestia takes a more specialized approach.
An example of this more specialized approach would be - Celestia will separate the tasks of achieving consensus from finalizing transactions, resulting in significantly improved speeds and scalability. This separation is made possible through a technique known as ‘data availability sampling’ which allows for quick verification of all data on the blockchain.
With a high-caliber team and substantial funding backing it, Celestia stands potentially as a great innovation for investors interested in capitalising on blockchain scaling. However, the recent distribution of 60 million $TIA tokens to qualifying airdrop participants will likely lead to significant sell pressure in the near future, which puts me off considering this project for the moment. Show Less
