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  3. /Celestia
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blockchain

Celestia

A modular blockchain that focuses exclusively on data availability and consensus, leaving execution to other chains.

Definition

A modular blockchain that focuses exclusively on data availability and consensus, leaving execution to other chains. Rollups post their transaction data to Celestia instead of Ethereum, which can be much cheaper. It popularized the modular blockchain thesis and launched with a notable airdrop.

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Related Terms

Modular Blockchain

A blockchain design that separates core functions like execution, consensus, settlement, and data availability into specialized layers.

Data Availability

The guarantee that transaction data is published and accessible to anyone who needs to verify it.

Rollup

A Layer 2 scaling solution that bundles many transactions together before posting them to the main chain.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

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