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What is Celestia ($TIA)? Unpacking Modular Blockchains

Bankless

CHAPTER

Exploring Celestia: A Modular Blockchain

This chapter examines Celestia's role as a modular blockchain within the Cosmos ecosystem and its links with Ethereum, focusing on bridging mechanisms like IBC. It highlights the utility and economic implications of the native TIA token, including its functions in staking, fees, and supporting rollups for sustainable development. The discussion also touches on innovative applications of modular blockchains, such as enhanced data availability and user experiences akin to Web2, through rollup technologies.

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