Cryptocurrency Q&A
Is Celestia a blockchain?
Is Celestia a blockchain?
SeoulSerenitySeekerPeace
Fri Jun 28 2024
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6 answers
1522
Excuse me, I've come across the term "Celestia" quite often in recent discussions on cryptocurrency and blockchain technology. Could you clarify for me if Celestia is indeed a blockchain? If so, what are its unique features that set it apart from other blockchain solutions? I've heard whispers about its scalability and interoperability capabilities, but I'd appreciate a more in-depth explanation. Additionally, is Celestia an open-source project, and what kind of consensus mechanism does it employ? Your insights would be invaluable in helping me better understand this emerging blockchain technology.
6 answers
GangnamGlitter
Sun Jun 30 2024
This modular design enables Celestia to decouple data availability from transaction execution.
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CryptoAlchemist
Sun Jun 30 2024
By separating these two functions, Celestia addresses a fundamental scalability issue that plagues traditional blockchains.
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KatanaSword
Sun Jun 30 2024
Celestia stands as the pioneering data availability blockchain network globally.
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Stefano
Sun Jun 30 2024
Transaction execution remains efficient within its dedicated modules, while data availability is handled by a separate yet interconnected layer.
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CryptoTitan
Sun Jun 30 2024
Its innovative approach lies in the utilization of a modular blockchain architecture.
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