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TIA price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.

As you can see, the current TIA price is 9.54010444899412. In any case, whether you want to buy the dip or just want to buy TIA for your personal needs - we got you!

What is Celestia Сrypto?

Celestia is a modular data availability network that is reshaping the landscape of blockchain deployment. Its mission is to simplify the process of launching secure blockchains, making them accessible to anyone. Individuals and organizations can swiftly deploy their own blockchains with leading Ethereum rollup frameworks by leveraging Celestia or by transforming virtually any virtual machine into an independent sovereign chain.

Celestia was founded by a team of esteemed individuals dedicated to advancing decentralized technologies and fostering a vibrant ecosystem. The Celestia Foundation, entrusted with guiding the trajectory of the Celestia project, is governed by the Foundation Council. Comprising four members, the Council plays a pivotal role in overseeing and aligning the Foundation's activities with its core purpose and values.

The inaugural members of the Foundation Council are:

Dr. Mustafa Al-Bassam: As a co-founder of Celestia and the CEO of Celestia Labs, Mustafa brings a wealth of experience in the field of decentralized technologies. He previously co-founded Chainspace, which was later acquired by Facebook. Mustafa holds a PhD in Computer Science from University College London.

Batuhan Dasgin: Batuhan is a seasoned crypto entrepreneur and investor, with a background in leading venture investments at Binance and spearheading token offerings at Binance Launchpad. He also played a pivotal role in establishing the Business Development division at CMC.

Ismail Khoffi: Ismail, also a co-founder of Celestia, serves as the CTO at Celestia Labs. His extensive experience includes roles as a senior engineer at Tendermint and the Interchain Foundation, where he contributed significantly to the development of decentralized technologies.

Reinhold Wohlwend: Reinhold brings a wealth of expertise in financial and trust services to the Foundation Council. As the owner and managing director of Revalier, he holds a Degree in Financial and Trust Services from the University of Liechtenstein and has been a licensed Trustee in Liechtenstein since 2014.

With Celestia as the foundation, deploying a customizable blockchain becomes as easy as deploying a smart contract. This approach marks a paradigm shift in blockchain design. Unlike traditional blockchains that bundle consensus and execution, Celestia decouples these components, offering a pluggable consensus layer. 

This empowers developers to deploy their execution layers atop Celestia, fostering enhanced customizability and sovereignty for applications built on the network. This modular approach enhances flexibility and sovereignty for applications built on the network, paving the way for innovative use cases and tailored solutions.

The Celestia Foundation, a non-profit organization headquartered in Liechtenstein, serves as the guiding force behind the Celestia ecosystem, ensuring adherence to its core values. Central to the Celestia community's ethos is the elevation of users to first-class citizens within networks. This entails empowering users to directly verify the blockchain's integrity without reliance on centralized intermediaries or trusted committees. Light nodes play a pivotal role in democratizing verification, enabling every user to be a first-class citizen.

A key innovation of Celestia lies in its use of a 2-dimensional Reed-Solomon encoding scheme for encoding block data. This ensures that even a small sample of data is sufficient to verify the entire block's publication with statistical certainty. In cases of incorrect encoding, the network is promptly alerted via a data availability fraud-proof.

Celestia's architecture is tailored for novel scaling solutions such as rollups, which delegate state execution off-chain while relying on a base chain for consensus and data availability. Celestia's high-throughput data availability is crucial for rollups, enabling efficient verification by light nodes.

Cross-chain interoperability, a fundamental aspect of blockchain evolution, is facilitated by Celestia's light clients. These light clients break free from the constraints of conventional ones by ensuring truly secure cross-chain interoperability. Connecting chains becomes as effortless as deploying a smart contract.

The evolution of decentralized infrastructure, from individual execution chains to shared execution chains and ultimately individual execution chains atop a shared consensus layer, is seamlessly accommodated by Celestia's modular data availability network. It scales securely with the growing user base, facilitating the launch of diverse blockchains.

Rollups and Layer 2 solutions leverage Celestia as a network for publishing and accessing transaction data. Celestia's high-throughput data availability, combined with its modular framework, empowers developers to launch blockchains without the need for a validator set.

Aligned with the principles of neutrality, open source accessibility, and public benefit, the Celestia community advocates for blockchain frameworks that serve as the backbone of the decentralized internet. A credibly neutral stance ensures that protocols do not exhibit favoritism towards any specific group, while open-source accessibility fosters transparency and allows for widespread auditability and reuse. Embracing the concept of a public good, Celestia aims to benefit communities and society at large through its endeavors.

In furtherance of these values, the Celestia Foundation undertakes several initiatives:

• Research and Development (R&D): Investing in scalable decentralized systems and secure light nodes to enhance the efficiency and security of the Celestia ecosystem.
• Funding Open-Source Projects: Supporting the development of open-source public goods for the modular blockchain ecosystem, promoting collaboration and innovation within the community.
• Promoting Open Core Development Processes: Advocating for open core development processes, such as Celestia's CIP (Celestia Improvement Proposal) process, to encourage community involvement and transparency.
• Supporting Developers: Providing support and resources to developers building infrastructure and applications based on Celestia, fostering growth and innovation within the ecosystem.

Liechtenstein's robust regulatory framework for digital assets positions it as a favorable environment for innovation in decentralized networks. The Celestia Foundation operates within the confines of Liechtenstein law, strictly adhering to its purpose and subject to oversight by the Foundation Supervisory Authority (STIFA). This ensures accountability and focus on the Foundation's mission of advancing decentralized technologies for the greater good.

TIA is the native token that powers the network and the Celestia ecosystem. TIA tokens play a crucial role within the Celestia ecosystem, serving as a fundamental component that enables various functionalities and incentivizes participation. These tokens facilitate the seamless operation of the network and contribute to its overall health and sustainability.

Developers can utilize TIA tokens as gas tokens for their rollups.TIA tokens can be used to fund transactions within the Celestia network. Whether it's deploying smart contracts, executing transactions, or interacting with decentralized applications (dApps), TIA tokens provide the necessary fuel to power these activities. Users can stake their TIA tokens to participate in the consensus mechanism of the Celestia network. 

Rollups and Layer 2 solutions utilize Celestia as a network for publishing and accessing transaction data. Users may need to pay TIA tokens to publish data to Celestia's blobspace, ensuring high-throughput data availability for rollups and other applications.

Validators, who play a crucial role in maintaining the integrity and security of the network, may receive TIA tokens as rewards for their participation. These rewards serve as incentives for validators to continue performing their duties diligently, thereby ensuring the reliability and robustness of the Celestia network.

Traders can buy TIA tokens on various decentralized and centralized cryptocurrency exchanges where they are listed for trading, such as Binance, Coinbase, Kraken, KuCoin, Uphold, etc. 

The Average Fees on the Celestia Network 

On Celestia, transaction fees are comprised of a fixed fee per transaction in addition to a variable fee determined by the size of each blob within the transaction. Withdrawal fees from exchanges can vary, with some charging as much as 0.1 TIA or $2 per withdrawal.

The TIA Token Wallets

The TIA tokens can be stored in one of the popular crypto wallet options, including Trust Wallet, Meta Mask, Ledger, Token Pocket, iToken Wallet, Torus, Trust Wallet, Safe Pal, Portis, OKX Wallet, etc.