Is Celestia ($TIA) Undervalued? with Celestia Co-Founders Mustafa & Ismail

This podcast episode explores the Celestia ecosystem and its token launch, focusing on its perspective on the future of cryptocurrency and scalability. Celestia aims to create a modular data availability network that allows for easy launch of blockchains and roll-ups without high data fees. The episode discusses concepts such as consensus, data availability, and the modular thesis in the context of blockchain technology. It explores the relationship between Celestia and Ethereum, showcasing the potential for collaboration in unlocking new use cases and applications. The benefits of Celestia for Ethereum's roll-ups and data availability sampling are also discussed. The episode delves into the economics of Celestia, the functioning of the platform, and the role of the TIA token. It highlights the concept of blob stream as a way to stream data attestations and explores Celestia's unique base layer design. The landscape of projects committed to the Celestia ecosystem and its vision for achieving scalability are also explored. Takeaways • Celestia is a modular data availability network that aims to create a scalable ecosystem for blockchains and roll-ups without high data fees. • The platform presents a roll-up-centric Ethereum thesis, where computation and execution can be delegated to roll-ups, allowing for independent operation of different applications on separate chains. • Celestia aligns with Ethereum's roadmap for scalability and offers a valuable data ordering and availability system that enables new applications and increases data throughput. • The platform supports higher layer throughput and data availability sampling, which contributes to the scalability and decentralization of the Ethereum network. • The TIA token serves as a staking token and a form of payment for data on Celestia, promoting the economic sustainability of the network. • Blob stream is a decentralized approach to handling data that acts as a bridge between Ethereum roll-ups and Celestia, offering a more efficient and inexpensive solution. • Celestia's modular design allows developers to choose the components that make sense for their applications, giving them flexibility in building upon the platform. • The Celestia ecosystem includes various roll-up frameworks and projects like Dimension and Manta Network, demonstrating the versatility and potential of the platform. • The long-term vision of Celestia involves reaching milestones like one gigabyte blocks and one billion roll-ups, aiming for scalability and increased user experience.