Celestia (TIA) - The future of modular blockchains?

[john1010]

Celestia (TIA) - The future of modular blockchains?

Hello, bitcointalk community!

I am a curious and enthusiastic follower of Celestia (TIA), the first modular blockchain network that enables anyone to easily deploy their own blockchain with minimal overhead.

Celestia is a revolutionary project that rethinks blockchain architecture from the ground up. It is a minimal blockchain that decouples execution from consensus by introducing a new primitive, data availability sampling. This means that Celestia does not impose any execution or settlement constraints, and developers are free to define their own execution and settlement environments.

This unlocks new, unrealized possibilities for builders and developers. You can experiment with different rollup frameworks, VMs, smart contracts, and applications on top of Celestia, and enjoy the security, scalability, and sovereignty that Celestia provides.

Celestia is powered by TIA, the native token of the network. TIA is used to pay for blob space, secure the network, and participate in governance. TIA is currently trading on several major exchanges, such as Binance, OKX, Bybit, Bitrue, and DigiFinex. You can check the current price, market cap, and chart of TIA on CoinMarketCap.

I find this project very fascinating and innovative, and I would love to hear your opinions and insights about it. Here are some questions that I have in mind:

- What are the main advantages and challenges of Celestia's modular approach to blockchain design?
- How do you think Celestia compares to other Layer 1 solutions, such as Ethereum, Solana, Avalanche, etc.?
- What are some of the most exciting use cases and applications that you can imagine or foresee on Celestia?
- How do you evaluate the tokenomics and governance model of Celestia?
- What are the best resources and communities to learn more about Celestia and get involved in its development?

Feel free to share your thoughts, questions, and feedback about Celestia in this thread. Let's have a constructive and respectful discussion about the future of modular blockchains!
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[rat4]

Hi john1010,

I can give you a slightly different view as a developer of a project that grounds similarly in the lambda calculus, but picks other route: applications vs blockchains.

• Programmability and composability of the consensus token is a tough question, because the core has to be small, fast, and isolated. On the one side, it needs to quickly move forward under load. On the other side, it needs to impose minimal overhead for others.
• Invalid transactions aren't strictly rejected, may be included into the consensus instead, that's quite interesting (or not ).
• Heavy computations may be deployed. If a tx takes a minute to validate, the network as a whole doesn't even notice.

This approach opens scalability, however brings a hurdle for composability. I currently re-evaluate the tradeoff.

[john1010]

Hi john1010,

I can give you a slightly different view as a developer of a project that grounds similarly in the lambda calculus, but picks other route: applications vs blockchains.

• Programmability and composability of the consensus token is a tough question, because the core has to be small, fast, and isolated. On the one side, it needs to quickly move forward under load. On the other side, it needs to impose minimal overhead for others.
• Invalid transactions aren't strictly rejected, may be included into the consensus instead, that's quite interesting (or not ).
• Heavy computations may be deployed. If a tx takes a minute to validate, the network as a whole doesn't even notice.

This approach opens scalability, however brings a hurdle for composability. I currently re-evaluate the tradeoff.

I agree that programmability and composability of the consensus token are challenging issues, and that the core has to balance between efficiency and flexibility. I am curious about how your project handles invalid transactions and heavy computations. How do you ensure the security and correctness of the consensus protocol?

I understand that scalability is an important goal for any distributed system, but I wonder how you deal with the hurdle for composability. Do you have any examples of applications that can benefit from your approach? How do you compare your project with other existing solutions in the field?

I look forward to hearing more from you and learning about your project. Thank you for your valuable contribution to the discussion. 😊

[Text]

I'm curious to see how the project navigates this challenge and how it positions itself in comparison to other solutions like Ethereum, Solana, and Avalanche about the inquiry into composability and its impact on scalability.
I'm also eager to hear more about potential applications that could thrive in this environment. The flexibility described seems to offer a playground for developers to explore innovative use cases.
I'm looking forward to more insights from the community and possibly even updates from the Celestia team.

[cryptoaddictchie]

I am not a techie guy but it seems a lot of protocols are considering to be aligned with modular blockchain and partner with celestia since they are hot right now. Actually its quite good to see what else is on their sleeve or things that they can offer more the community.

I did have tia tokens but sold it right away anyway looking forward to buy back it if ever got a chance cause I know a lot of opportunities will be unlock on their project value.

[john1010]

I'm curious to see how the project navigates this challenge and how it positions itself in comparison to other solutions like Ethereum, Solana, and Avalanche about the inquiry into composability and its impact on scalability.
I'm also eager to hear more about potential applications that could thrive in this environment. The flexibility described seems to offer a playground for developers to explore innovative use cases.
I'm looking forward to more insights from the community and possibly even updates from the Celestia team.

Celestia is still in development and is actively working on solving these challenges and improving its performance and usability. Celestia is also exploring various potential applications that could benefit from its abundant data availability and modular infrastructure, such as decentralized storage, social media, gaming, and more.

[john1010]

I am not a techie guy but it seems a lot of protocols are considering to be aligned with modular blockchain and partner with celestia since they are hot right now. Actually its quite good to see what else is on their sleeve or things that they can offer more the community.

I did have tia tokens but sold it right away anyway looking forward to buy back it if ever got a chance cause I know a lot of opportunities will be unlock on their project value.

Thank you for sharing your thoughts on modular blockchain and Celestia. I agree that they are very interesting and promising technologies that could revolutionize the blockchain space. Modular blockchain is a technology that allows for the creation of multiple blockchains on one network. Each blockchain can be customized to meet the needs of specific industries, enterprises and users. This technology will allow companies to create blockchain networks with different consensus mechanisms, privacy features, and smart contracts

[bluebit25]

I'm not sure if it's too FOMO right now, but honestly TIA is leading the trend of modular blockchains. Solutions to exploit problems that have existed for a long time in the crypto space are mentioned a lot, but it is rare to see projects capable of turning it into a force in the market. I'm also aware of the "monolithic blockchain" debate, but instead of keeping a competitive mindset and comparing which one is better, we should keep the mindset that this is an inevitable transition that will help blockchain reach its destination the massadoption era.

[john1010]

I'm not sure if it's too FOMO right now, but honestly TIA is leading the trend of modular blockchains. Solutions to exploit problems that have existed for a long time in the crypto space are mentioned a lot, but it is rare to see projects capable of turning it into a force in the market. I'm also aware of the "monolithic blockchain" debate, but instead of keeping a competitive mindset and comparing which one is better, we should keep the mindset that this is an inevitable transition that will help blockchain reach its destination the massadoption era.

I appreciate your positive attitude towards the evolution of blockchain technology and the adoption of modular blockchains. I think modular blockchains offer a lot of benefits and opportunities for the crypto space, such as increased scalability, flexibility, and customization. I also think that modular blockchains can coexist and interoperate with monolithic blockchains, creating a more diverse and robust ecosystem.

[Sophokles]

One of the project on my watchlist. I wanted to invest some of my portfolio funds to this project but the price is so overvalued right now that it seems risky to me. Also, I wanted to wait for their upcoming major token unlocking events so that I could get a better price after the market absorbed the selling pressure. I like the concept of TIA and i think it is unique in its kind There aren't any competitors on the market right now. Those who got the airdrop were extremely lucky but some of them just sold the bag too early. One of the best altcoin projects in 2023.

[Rampagoe004]

I regret that I didn't have time to take part in the Airdrop for Celestia tokens. And I also regret that I didn't buy it when it first entered the exchange at $1-$2. Now the price has reached $12 and if it is true as you all say that Celestia will still continue to grow in the future then I think this is the right time to invest in it although I am quite sorry that I missed the train.

[Sophokles]

I regret that I didn't have time to take part in the Airdrop for Celestia tokens. And I also regret that I didn't buy it when it first entered the exchange at $1-$2. Now the price has reached $12 and if it is true as you all say that Celestia will still continue to grow in the future then I think this is the right time to invest in it although I am quite sorry that I missed the train.

I wasn't aware of the airdrop as well but taking entry at $1 could be a great entry point. But as soon as i got information about this project it was already too late by that time. I am not regretting it because crypto always gives opportunities, so i keep this project on my track list and take my entry as soon as it comes down to my expected level. Also another project built on TIA called manta is also having an airdrop so if you don't have information about that yet, you can still join the campaign.

[Sayeds56]

Celestia (TIA) has been making headlines in crypto community since it was launched in Nov-23. Its airdrop was a surprise for many crypto enthusiasts including myself, resulting substantial profits.The concept of modular blockchains is relatively new, however given substantial interest of investors in this project, suggests that this technological advancement is a positive development in crypto landscape. This innovation will certainly contribute the further expansion of crypto industry.

[rat4]

I agree that programmability and composability of the consensus token are challenging issues, and that the core has to balance between efficiency and flexibility. I am curious about how your project handles invalid transactions and heavy computations. How do you ensure the security and correctness of the consensus protocol?

Transactions of the consensus token are simple and fully validated, anything else that pays a fee is accepted. Then meaningless data is ignored, as it was not rejected.

I understand that scalability is an important goal for any distributed system, but I wonder how you deal with the hurdle for composability. Do you have any examples of applications that can benefit from your approach? How do you compare your project with other existing solutions in the field?

An original idea was to deploy EMV (or equivalent) for apps that need composability.

Not so long ago, I accidentally spotted ZEXE. It can be seen as a ZeroCash-style approach to composability of heavy computations. As intriguing as unhandy, it lacks concurrency. You can see similar issue on Cardano.

Got high on this ZK stuff, but worry about performance. Seemingly, Mina is able to cover the whole blockchain with a single zk-SNARK...

I look forward to hearing more from you and learning about your project. Thank you for your valuable contribution to the discussion. 😊

So far, the essential difference between Blacknet and Celestia is data availability, but I'd expect more divergence in the future.

This technology will allow companies to create blockchain networks with different consensus mechanisms, privacy features, and smart contracts

Consensus on top of consensus sounds redundant, otherwise it could be anything: total recall

[john1010]

Celestia (TIA) has been making headlines in crypto community since it was launched in Nov-23. Its airdrop was a surprise for many crypto enthusiasts including myself, resulting substantial profits.The concept of modular blockchains is relatively new, however given substantial interest of investors in this project, suggests that this technological advancement is a positive development in crypto landscape. This innovation will certainly contribute the further expansion of crypto industry.

I agree with you that Celestia (TIA) is a game-changer in the crypto space. I was also lucky enough to participate in the airdrop and I was amazed by the returns. Celestia is not just another token, it is a modular data availability network that enables anyone to easily deploy their own blockchain with minimal overhead. This means that developers can create customized and sovereign blockchains that inherit security and scalability from Celestia’s validator set. Celestia is also compatible with leading Ethereum rollup frameworks, which allows for seamless interoperability and composability with the largest DeFi ecosystem. I think Celestia is one of the most innovative and promising projects in the crypto industry and I am excited to see what the future holds for it.