Celestia is a new technology that powers, scales and secures Web3 applications. To achieve this, Celestia introduces a new modular blockchain architecture that solves the core scaling problems of today’s blockchains.
Modular blockchains are a new paradigm in blockchain design. Instead of one blockchain doing everything, modular blockchains specialize and optimize to perform a given function. This specialization provides breakthroughs in scalability, flexibility, and interoperability, enabling developers to build blockchain applications for mass adoption.
Think of Celestia as a power grid, except instead of providing electricity, Celestia provides the essential resource to power a blockchain: consensus and data availability. Similar to how anyone can plug into an electricity grid to power their appliance, anyone can plug into Celestia’s network to power their own blockchain.
Modular blockchains create a collaborative environment with many connected chains. Each new user that a modular blockchain brings in creates value for the whole modular ecosystem, not just a single L1. Modular blockchains collaborate while monolithic L1s compete.
Notable Cap Table: Blockchain Capital, Delphi, IOSG Ventures, Jump Crypto, Galaxy Digital, Bain Capital, Spartan, Figment, Polychain, Binance Labs, and Signature Ventures
Infrastructure
Modular consensus and data network
Celestia reduces the cost of deploying and maintaining your own blockchain.
Customize your application in a way that suits your needs.
Unlock access to web3 applications for everyone with more blockspace.
TW: 125k Followers
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TGE: Q3 2023