What is Celestia (TIA)?

Celestia is a modular blockchain that works like a data availability layer for roll-ups and layer 2 projects to help them scale. It does so by separating the execution layer from the consensus layer through a new data availability sampling technique.

TIA is the native token of Celestia. Roll-ups and Layer 2 projects pay in TIA to use Celestia for data availability. Developers also submit the fee for transactions using TIA tokens. Since Celestia runs on proof-of-stake consensus, TIA holders can become validators or delegators to power the network and earn staking rewards. TIA staking also allows decentralized community governance over Celestia. The token does not have a capped maximum supply. However, its total supply at the time of Genesis was 1 billion.

How Does Celestia (TIA) Work?

Celestia is a modular network, meaning it specializes in performing specific functions instead of trying to do everything from execution, consensus, and data availability to settlement like other mainstream blockchains. This specialization helps other blockchain application developers to build better.

Celestia decouples execution from consensus and uses the data availability (DA) approach to scale. DA allows users to verify large blocks without downloading all the blockchain data. It achieves this ability through data availability sampling (DAS), which lets Celestia light nodes verify DA by downloading only a portion of each block. This approach allows Celestia to scale with the number of users, where each user is a light node. The best thing about all of it is that Celestia can scale to a great extent without compromising the security of end users.

Celestia native asset, TIA, plays an integral part in its functioning. As a permissionless network built with Cosmos SDK, Celestia operates on proof-of-stake consensus where TIA holders can become network validators or delegators to secure the network and earn staking rewards. The initial validator set of 100 is the minimum delegation level in Celestia. Each validator charges a fee to delegators to get a percentage of the staking reward in return. Within the Celestia ecosystem, the smaller units of TIA are known as Micro TIA and are denoted with a "utia" ticker.

How to Buy Celestia (TIA) in India?

There are many platforms where you can invest and Buy Celestia (TIA) token in India.

One such platform is Flitpay. To buy Celestia (TIA) in INR, you have to sign up to Flitpay, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy TIA crypto and execute the purchase.

You can instantly convert your Celestia (TIA) to INR and INR to Celestia (TIA) and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What to Do After Buying Celestia (TIA)?

TIA can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold the TIA till it reaches a high price and then sell it through Flitpay's OTC order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

FAQs

What is the Celestia (TIA) coin?

TIA is the native asset of the Celestia network, powering Celestia's proof-of-stake consensus. TIA holders can become validators or delegators to earn staking rewards and contribute to decentralized community governance. The fee on Celestia is also collected in the TIA token. The initial supply of TIA is 1 billion with no capped maximum supply.

What is the Celestia (TIA) price in India?

Check out the INR price of TIA crypto in India today on Flitpay.

Which is the best crypto exchange in India to buy Celestia (TIA)?

Flitpay is the best cryptocurrency exchange in India to buy Celestia, buy Bitcoin, or your favourite cryptocurrencies. Flitpay supports instant UPI and bank deposits and bank withdrawals with a minimum deposit and withdrawal limit of INR 100.

How to buy Celestia (TIA) crypto in India?

You can easily buy Celestia (TIA) in India on the safest crypto exchanges like Flitpay, with the lowest fees.

To buy Celestia (TIA) coin in India:

1. Register on Flitpay and create an account.
2. Verify your identity through Know-your-customer (KYC)
3. Add INR or Fiat currency, corresponding to the amount of TIA you want to buy.
4. Instantly buy Celestia (TIA) with the deposited funds.

What are the benefits of Celestia (TIA)?

Celestia (TIA) enhances scalability and efficiency for rollups and Layer 2 projects through its modular architecture. By separating execution from consensus and utilizing data availability sampling (DAS), Celestia enables the verification of large blocks without downloading all blockchain data. TIA, its native token, facilitates transactions, staking rewards, and decentralized governance.

Is it safe to invest in Celestia (TIA) in India?

Yes, investing and trading TIA is Safe in India. Flitpay is the best crypto exchange in India to buy Celestia (TIA) crypto. It offers real-time prices and advanced investing features, Instant deposits and withdrawals and much more.

Where can I deposit and withdraw Celestia (TIA) crypto in India?

Your search for secure crypto deposits and withdrawals ends here. Flitpay is India's most trusted exchange to facilitate hassle-free and Instant deposits and withdrawals of all the top cryptocurrencies with minimal or no fees.