Celestia (TIA), a modular blockchain, has seen a surge of interested individuals, both old crypto fans and new crypto observers, as it put out its mainnet beta following its airdrop.
Similarly, the InQubeta (QUBE) platform, which is presently in its presale phase, is drawing investors and cryptocurrency newcomers.
Celestia Modular Monolithic Blockchains
The Celestia Foundation has made its blockchain open after obtaining approximately $55 million in a series A and B investment round last year. It is characterized as a “modular data availability network that securely scales with the number of users.” This is expected to address the scalability and stability difficulties that monolithic blockchains like Ethereum and Solana are experiencing.
Following the launch, the Foundation declared that the blockchain realm has entered a new period dubbed “the modular era.” When monolithic blockchains try to grow, they lose decentralization and security, which are two important parts of blockchain technology.
Modular blockchains, on the other hand, can handle scalability problems by using set routes for speed and execution. Celestia transports data at a noticeable speed by combining this functionality with data availability sampling (DAS), which it also utilizes to validate accessible data on a blockchain.
With this introduction, other modular chains will be able to use Celestia as a data availability and consensus layer, and the business hopes to offer one gigabyte blocks soon to provide plentiful data availability for the ecosystem.
The on-chain value of the airdrop, which distributed the native cryptocurrency, TIA, to around 580,000 users, was estimated to be $120 million. However, it was revealed on Nov. 3 that more than 410,000 qualified airdrop participants have failed to receive their TIA tokens.
As of this writing, one TIA token was trading for $6.30, up 16.9% on the 24-hour chart and 168.4% and 180% on the 7 and 14-day charts, respectively.
InQubeta and Development of AI Startups
Artificial intelligence (AI) technology can help most other businesses by expediting digital transitions in various ways. From the healthcare sector to the manufacturing sector, e-commerce, customer service, virtual
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Author: BeInCrypto Team