Blockchain in modulesHaving distributed its native TIA token to 580,000 users, Celestia has now launched its mainnet beta program.With its description as a “modular data availability network that securely scales with the number of users,” Celestia seeks to address the stability and scalability problems that plague monolithic blockchains such as Ethereum and Solana.
“It’s the start of a new era,” the Celestia Foundation, which supports development on the network, wrote in a blog post. “The modular era.”
Unlike monolithic blockchains, which can only scale at the expense of decentralization or security, modular blockchains are made to address scalability issues by utilizing specific channels for speed and execution.In order to validate every piece of information that is accessible on a blockchain, Celestia also employs data availability sampling, or DAS.The combination aids in accelerating the transmission of data.
“Celestia’s mainnet beta launch marks the arrival of the first live modular data availability network with data availability sampling (DAS),” said Ekram Ahmed, a spokesperson at the Celestia Foundation. “The industry has now entered a new, modular era with new values, defined by verifiability, abundant block space and collaborative blockchains. Celestia mainnet is a giant leap in our mission to make deploying chains as easy as smart contracts.”
Celestia can be used as a consensus and data availability layer by rollups and other modular chains thanks to the beta.The blockchain will support up to 8MB blocks in addition to 2MB blocks at first. Upgrades are expected to occur following an on-chain governance process.In the future, the company wants to “provide abundant data availability for the modular ecosystem” by supporting 1GB blocks.
At a $1 billion valuation, the company raised $55 million in a combined Series A and B funding round last year.