‎The Modular Architecture Revolution and Data Availability 📊
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‎Blockchains try to do everything at once: consensus, execution, and data availability.
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‎Celestia changes the game by offering a network 🛜 specialized in Data Availability.
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‎1. Celestia Mechanics
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‎A) It allows light nodes to verify data availability 🕵🏻‍♂️ without having to download the entire block, making it possible to safely increase block size 📈 as more light nodes sample, although this depends on having enough honest nodes.
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‎B) Developers can deploy their own rollups using Celestia as a reliable, low-cost DA layer.
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‎2. Analytical Framework
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‎A) The token is used to pay 💵 for data availability block space and for data space and gas for rollups, as well as for staking and governance.
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‎B) The price should be monitored on the 1D and 4H timeframes 🕑 using moving averages to identify the direction of the primary trend.
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‎👇 Do you think modular architecture will outperform monolithic blockchains in the long term?
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‎#Binance #BinanceSquare #crypto
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