Celestia
Celestia: A Pioneer in Modular Blockchain Technology
Overview of Celestia Celestia represents a groundbreaking approach in the realm of blockchain technology, specifically as a modular blockchain.
Defining Modular Blockchain
Core Characteristics: A modular blockchain is defined by outsourcing at least one of its core components - consensus, data availability, execution, and settlement - to an external chain.
Celestia's Role: In Celestia's case, it focuses on data availability and consensus, while the settlement and execution processes are managed by other layers.
Advantages of Celestia's Approach
Enhanced Scalability: By dividing resources and assigning specific functions to each node, Celestia significantly improves network efficiency.
Increased Efficiency: Specializing nodes for particular functions leads to more effective operations across the network.
Modular Architecture Benefits
Flexibility and Sovereignty: The modular design allows for the use of rollups, enhancing flexibility and autonomy within the network.
Security and Decentralization: Despite the modular approach, Celestia maintains robust security and decentralization at the consensus layer.