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Cryptocurrency News Video

? CELESTIA (great potential) | Tokenomics. TIA. Potential. Modular Blockchains ?

Mar 26, 2024 at 02:49 am Noticias Trading

Use code NTRADING on Quantfury to get a bonus! ?https://bit.ly/NTquantfury

In this video I explain how the Celestia blockchain works, a Data Availability solution for other blockchains.

Celestia takes care of managing data availability so other blockchains don't have to.

This means that the blockchain that has transferred its data availability to Celestia has one less function to do and can be more scalable and have lower gas fees.

Celestia's token is TIA and it plays a crucial role in its ecosystem, since for a blockchain to contract Celestia's data availability services, it has to pay them in the TIA token.

TIMESTAMPS

0:00 Intro

0:52 How Celestia works

5:22 TIA Tokenomics

8:17 Conclusion
Video source:Youtube

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