Celestia is the first modular blockchain network. With a modular architecture, Celestia easily enables the flexible deployment of various blockchains, such as Ethereum rollups or your sovereign chains.
Celestia (TIA) crypto asset is now listed on INDODAX on the Mainnet network.
Interested in Celestia (TIA) and how to buy it? Learn more before investing by reading below!
About Celestia (TIA)
Celestia is a modular data availability (DA) network that securely scales with the number of users, making it easy for anyone to launch their blockchain.
Rollups and L2s use Celestia as a network for publishing and making transaction data available for anyone to download. For them, Celestia provides high-throughput DA that can be verified easily with a light node. And by making the blockchain stack modular, anyone can launch their blockchain without needing a validator set.
Celestia is making some important contributions to the Web3 space.
First, it provides a secure and scalable foundation for a new generation of modular rollups. This will help to make Web3 more accessible and affordable for everyone. Second, Celestia is helping to decentralize the Web3 ecosystem. By making it easier to build and deploy rollups, Celestia is helping to reduce the reliance on centralized Layer-2 solutions. Finally, Celestia is helping to advance the state of the art in blockchain technology. By separating the data from the execution layer, Celestia makes building more scalable and secure blockchains possible.
For more information, visit the official website of Celestia (TIA) at https://celestia.org/
Challenges, Opportunities, and Utilities
Celestia solves the scalability trilemma by separating the data layer from the execution layer. This means that Celestia can focus on providing a secure and decentralized data layer, while rollups can focus on executing transactions.
There are several advantages offered by Celestia, including:
- Scalability: Celestia can scale to support many rollups, which means it can handle many transactions.
- Security: Celestia is designed to be secure, even if some rollups built on top of it fail.
- Cost-effectiveness: Celestia is designed to be cost-effective, which means that transaction fees on rollups built on top of it should be low.
Meanwhile, Celestia also has several uses as follows::
- Paying for transaction fees: TIA is used to pay transaction fees on the Celestia blockchain.
- Staking: TIA can be staked to secure the Celestia network and earn rewards.
- Governance: TIA holders will have the ability to vote on governance proposals for the Celestia blockchain.
Founder and Investor of Celestia (TIA)
Mustafa Al-Bassam (born January 1995) is a British computer security researcher, hacker, and co-founder of Celestia Labs.
Al-Bassam co-founded the hacker group LulzSec in 2011, responsible for several high profile breaches. He later went on to co-found Chainspace, a company implementing a smart contract platform, which was acquired by Facebook in 2019.
In 2021, Al-Bassam graduated from University College London, completing a PhD in computer science with a thesis on Securely Scaling Blockchain Base Layers. In 2016, Forbes listed Al-Bassam as one of the 30 Under 30 entrepreneurs in technology.
Celestia has a total capital of $111.59 million and is backed by several investors and venture capital firms such as Polychain Capital, The Spartan Group, Bain Capital Crypto, and OKX Ventures.
Crypto Asset Ranking Information
As of March 4, 2024, the CoinMarketCap ranking of Celestia (TIA) is #46, with a market cap of USD 2,687,675,467. It has a circulating supply of 168,221,610 TIA and a maximum supply of 1,027,178,082 TIA.
How to Buy Celestia (TIA) on INDODAX
Now that you’ve discovered more about Celestia (TIA), you can start investing in Celestia (TIA) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy Celestia (TIA) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for TIA in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired TIA purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in Celestia (TIA) on INDODAX now!
