Posted 1/18/2024, 12:01:02 PM
Former Hacker's New Blockchain Celestia Skyrockets 800% with Scalable Design
- Celestia (TIA) is a new blockchain project created by former hacker Mustafa Al-Bassam that has seen huge growth, with its token rising 800% recently
- Al-Bassam was previously part of the hacking group LulzSec, which was responsible for breaches of the CIA, Sony, and others as a teen
- Celestia uses a modular architecture that separates consensus and execution across layers to improve scalability and flexibility
- It utilizes rollups and data availability sampling to allow efficient transaction verification without processing everything on-chain
- The team aims to support 1GB blocks to handle global-scale deployment, though that may be overkill currently