News list for " celestia"
The Celestia community initiated a proposal to set a lock limit on the staking reward of the lock-up token, and keep the unlock time of the staking reward consistent with the original lock-up token. In response to the proposal, Celestia founder Mustafa Al-Bassam wrote in support: "Let's complete this proposal. Most of the current PoS networks do not lock in investors' share of the pledge reward. This proposal solves Celestia's problem, and other Cosmos SDK chains can also adopt this scheme."
In response to a new proposal by the Celestia (TIA) community to reduce TIA inflation by 33%, Celestia founder Mustafa Al-Bassam wrote: "I support this proposal. When we first decided on the inflation rate, we referred to Solana's inflation plan to keep it relatively simple because we didn't want to follow the Cosmos standard inflation plan (i.e. permanent 10% inflation rate).
On January 14th, the number of blobs on Celestia has continued to increase significantly over the past two weeks. The blob size of Celestia is interchangeably referred to as the number of blobs published on Celestia. Between June 20 and December 20, 2024, the average blob size on Celestia was approximately 1.18GB. However, over the past two weeks, this figure has almost doubled tenfold to an average of 11.4GB. The nearly 10x increase in blob size is likely due to NFT casting that occurred during...
Celestia co-creator Nick White said in a social media post that the core of blockchain is verifiability, which is designed to get us rid of committees and intermediaries. A more decentralized committee is still a committee. Ethereum co-founder Vitalik Buterin said on social media, "If Ethereum abandons verifiability and accepts committees and centralized intermediaries as the solution to everything, I would consider it no longer Ethereum." In addition to verifiability, I would also add highly de...
Celestia officials said in a post that 8MB blocks have been launched on the Celestia Arabica testnet, enabling 1.33MB/s of permissionless data throughput. At the same time, it said that the mainnet will be ready in January.
Celestia officially posted on the X platform that the Ginger upgrade has been launched on the Mocha testnet. Ginger throughput has been increased by 2x, the final confirmation time of a single slot has been reduced from 12 seconds to 6 seconds, and 1.33MB/s bandwidth has been unlocked.
Stride, the Cosmos ecosystem liquidity staking protocol, announced the opening of a cross-chain bridge from Celestia to Eclipse, allowing users to cross-chain TIA to Eclipse through Stride.
About 175 million locked Celestia (TIA) tokens were unlocked on October 30, including a release to early investors, which will increase the token supply by 80%, the largest single unlocking event since the token was launched last October. The tokens are currently worth $920 million and are trading at just over $5 per coin. "There could be some noticeable impact" or increased volatility, said David Shuttleworth, partner at Anagram, noting that the number of tokens unlocked was the highest in TIA'...
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