Celestia takes an innovative approach to blockchains focused on ‘modular’ rather than a similar competing layer one blockchain. Instead of a one-size-fits-all blockchain, Celestia breaks down core functionalities into distinct modules. This specialisation especially addresses the issue of "data availability," ensuring a dedicated layer for secure and perpetual data storage that enhances overall network security.
The TIA token serves dual roles: it enhances network security and facilitates payment of transaction costs within the ecosystem. Additionally, plans are in place to introduce a fee-burning feature similar to Ethereum's EIP-1559. With an initial cap of 1 billion tokens, TIA's supply structure ensures transparency and well-defined tokenomics for the platform.
Withdrawals on TIA are temporarily disabled.