Celestia

Tokens issued by Celestia ( $TIA ) will be distributed to 7,579 Ethereum rollup developers and 576,653 Cosmos Hub and Osmosis on-chain addresses after eligibility requirements are met.About 6% of the total quantity of 1 billion TIA tokens are the 60 million that have been distributed so far. The scheduled end date for this cryptocurrency airdrop is October 18.<h3 id="a-quick-look-inside-celestia-39-s-operation">A Quick Look Inside Celestia&#39;s Operation</h3>In order to compete with well-established blockchains like Ethereum, the Celestia project is developing a modular blockchain architecture.Celestia&#39;s strategy is to decouple consensus—the process by which nodes in a blockchain agree that a transaction has occurred—from actual transaction processing.Any programmer interested in using Celestia technology to create a decentralized blockchain can do so without the need to first establish a consensus network.Those who take part in the Genesis Drop and acquire TIA tokens will be able to use them to buy blobspace and help secure the network as early as the Genesis block is created.According to the Celestia team, the goal of the project is to allow anyone to create their own blockchain in a matter of minutes by simply paying for blobspace with TIA tokens.<h3 id="what-tia-tokens-bring-to-the-celestia-ecosystem">What TIA Tokens Bring to the Celestia Ecosystem</h3>Celestia&#39;s goal is to make using blockchain technology as simple as deploying a smart contract.Using TIA, developers can quickly bootstrap their chains and pay for data availability, much like they would with Ether (ETH) on Ethereum-based rollup projects.Instead of issuing tokens right away, developers can concentrate on building the application or execution layer.Celestia is a decentralized network that uses proof-of-stake (PoS) to secure its own consensus and was developed using the Cosmos SDK (Software Development Kit).#TIA

Are You Going to Take Part in Celestia's 60 Million TIA Token Airdrop?

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