Celestia DA
A modular data availability network that offloads DA from Ethereum’s execution layers, enabling scalable rollups with low costs.
What is Celestia DA?
Celestia’s mainnet is live in 2023. It provides DA sampling to verify 1 MB blocks via light nodes, reducing costs by 95% to $0.05 per MB for Layer 2 rollups on Ethereum.
Integrated with 20+ rollups like Dymension, Celestia handles 10 GB/s throughput, preventing data withholding through erasure coding and fraud proofs.
Related Terms
Margin (Perp Dex)
Collateral deposited to open and maintain leveraged trading positions.
Proof of Work
Proof of Work (PoW) is a consensus algorithm where nodes (miners) solve complex cryptographic puzzles to validate transactions and add new blocks to a blockchain.
Seed Phrase
A sequence of words used to back up and restore access to a digital asset wallet.
Market Order
An order to buy or sell a digital asset immediately at the best available current price.
Margin
The collateral or initial investment required to open and maintain a leveraged trading position in digital asset markets, amplifying potential profits and losses.
Market Manipulation (Prediction Market)
The act of intentionally distorting a prediction market’s prices to influence outcomes or perceptions.