Celestia launches mainnet with modular architecture

The Celestia Labs team has completed deployment of the beta mainnet named Lemon Mint.

Celestia mainnet is live ✨https://t.co/Sj7RAfTh4W pic.twitter.com/Sd6CsU2dwL

— Celestia (@CelestiaOrg) October 31, 2023

The blockchain will allow rollups (rollups) and other modular chains to use Celestia to provide data availability and consensus.

Lemon Mint will offer a new scaling method — nodes will be able to verify data availability without having to download the entire dataset for a given block.

“Celestia is the first modular blockchain that scales reliably with the number of users. This, in turn, enables anyone to create their own network,” commented Ekram Ahmed, a representative of the Celestia Foundation.

Celestia’s architecture is designed to allow its nodes to reach consensus across different networks while processing off-chain transactions.

The separation is achieved through a clear isolation of the consensus and execution layers.

Such a configuration allows Celestia to focus primarily on creating an organized, systematic approach to data storage, leaving transaction execution to separate chains.

In October 2022, Celestia Labs raised $55 million in a round led by Bain Capital Crypto and Polychain Capital.

In March, the company allocated the developed modular structure Rollkit to support rollups on the Bitcoin blockchain as a separate line of business.

Earlier, a number of exchanges, including Binance, announced support for the TIA token.