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Celestia

Last updated: Nov 16, 2022

Celestia is the first modular blockchain network. By decoupling consensus from execution, Celestia enables anyone to easily deploy their own blockchain, without the overhead of bootstrapping a new consensus network.

Strategic Seed Fundraise: $1.5 Million

Series A and B round: $55 Million

Mamaki Testnet: https://docs.celestia.org/nodes/mamaki-testnet

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology

Whitepaper

What is Celestia

Celestia is a unique layer 1 blockchain whose only job is to order transactions and verify that the published data is available. This allows specialized blockchains for hosting applications to deploy on top of it. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.

Celestia is building a modular consensus and data network so that anyone can easily deploy their own blockchain with minimal overhead. Celestia’s new modular blockchain architecture is made to supercharge the scale and rate of Web3 innovation in the next decade.

Celestia introduces modular blockchain architecture to solve the challenge of deploying and scaling blockchains. These specialized chains are less constrained and break the rigidity of monolithic chains into flexible components, promising greater scale, security, and decentralization.