Buy Celestia (TIA)
What is Celestia?
Celestia is a modular data availability (DA) network designed to securely scale with the number of users. It facilitates the launch of individual blockchains by solving the blockchain trilemma of scalability, security, and decentralization. This is achieved by decoupling execution from consensus and introducing data availability sampling.
How does Celestia work?
Celestia operates as a modular blockchain architecture, separating consensus, execution, and data availability layers for independent optimisation. It handles consensus and data availability while leaving execution to external systems. The network uses a proof-of-stake consensus mechanism, based on CometBFT and the Cosmos SDK, and employs data availability sampling with 2-dimensional Reed-Solomon encoding and Namespaced Merkle trees for efficient data retrieval.
What are the potential use cases for Celestia?
Celestia can be used in a variety of scenarios such as:
- Serving as a data availability layer for rollups.
- Facilitating the bootstrapping of new rollups.
- Providing a platform for decentralized governance and proof-of-stake secure consensus.
- Enhancing decentralized finance (DeFi) services including exchanges, lending platforms, and smart contract execution.
- Enabling blockchain deployment for creating independent networks.
What is the history of Celestia?
Celestia was founded by Mustafa Al-Bassam and others to create a modular blockchain architecture addressing deployment and scalability challenges of blockchains. Notable milestones include raising $55 million in 2022, launching the Mamaki testnet with a new data availability API, and introducing the modular blockchain architecture. The project has seen several significant upgrades, with continuous evolution focusing on modularity, scalability, and security.
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Frequently Asked Questions (FAQs)
What is the current price of Celestia (TIA)?
The Celestia price is $8.632 AUD, representing a +15.46% from the day prior.
Where is the best place to buy Celestia (TIA) in Australia?
The best place to buy Celestia (TIA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Celestia (TIA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Celestia (TIA)?
The trading volume of Celestia (TIA) is $445.8M AUD in the last 24hrs, representing a +15.46% from the day prior.
How can I buy Celestia (TIA)?
Celestia (TIA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Celestia (TIA)?
The current market cap of Celestia (TIA) is $4.0B AUD.
Can I convert Celestia (TIA) to cash?
Yes - With Coinstash you can convert your Celestia (TIA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Celestia (TIA) are there?
The current circulating supply of Celestia (TIA) is 460.0M.
Is Coinstash a safe place to buy Celestia (TIA) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Celestia (TIA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.