TIA serves as the native token of the Celestia blockchain, a pioneering modular network that seeks to innovate and redefine blockchain technology. The TIA token has multiple applications within the Celestia ecosystem, including:
1. *Data Publication:* Rollups can utilize TIA to facilitate the payment for data publications within Celestia’s blockspace.
2. **Network Security:** Users have the opportunity to stake TIA, thereby participating in the consensus process and contributing to the network's security.
3. ***Gas Token for Developers:*** Developers can use TIA as a gas token for various transactions.
The architectural framework of Celestia effectively separates the consensus and execution layers of the blockchain, which is intended to create a more scalable and customizable environment for developers.
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1. *Data Publication:* Rollups can utilize TIA to facilitate the payment for data publications within Celestia’s blockspace.
2. **Network Security:** Users have the opportunity to stake TIA, thereby participating in the consensus process and contributing to the network's security.
3. ***Gas Token for Developers:*** Developers can use TIA as a gas token for various transactions.
The architectural framework of Celestia effectively separates the consensus and execution layers of the blockchain, which is intended to create a more scalable and customizable environment for developers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.