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0.00%Celestia is a blockchain project that pioneered the modular blockchain approach, focusing specifically on data availability rather than trying to do everything one chain traditionally does. Instead of handling execution, settlement and data together, Celestia specializes in ordering transactions and making their data available, letting other chains and rollups use it as a foundation while handling their own execution. This design is meant to make it cheaper and easier to launch new blockchains and rollups. Celestia launched its mainnet in late 2023 and introduced techniques such as data availability sampling that let light nodes verify data without downloading everything. The TIA token is used to pay for data availability, secure the network through staking and participate in governance, and it can serve as a gas and staking token for chains built on top. Celestia is regarded as a leading name in the modular blockchain movement.
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