Modular network Celestia’s native token TIA makes an exciting debut

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The native token of Celestia blockchain, TIA, saw heavy demand after it was AirDropped to eligible participants.

on mainnet recently, becoming the first-of-its-kind modular data availability network. Along with the launch, the native token TIA was airdropped to developers, researchers, and other eligible participants as

Moreover, it became the most searched crypto asset on CoinMarketCap, indicative of the hype around the token.Data availability refers to the ability of users to download any data from a blockchain at any given point of time. It is a critical security feature, allowing verification of transactions on a distributed ledger.

In contrast to the traditional networks where everything is concentrated on a single chain, modular networks break down the components of the system into smaller, more manageable pieces. These modular layers perform specific core functions such as execution, settlement, and data availability.

 

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