Abstract: On October 31, 175 million TIA tokens will be unlocked, worth over 1 billion dollars.

Celestia builds a public chain that separates the data layer, allowing developers to focus on the design above the data layer without having to pay attention to the underlying data recording. Many believe that this modular design of the data availability layer will not only provide a faster solution for scaling in the future but will also greatly reduce the difficulty for developers to enter Web3.

Modularity refers to the division of the blockchain's consensus layer, data availability layer (DA), settlement layer, transaction execution layer, etc., among different chains, rather than having a single chain handle all modules.

The Celestia network itself is only responsible for verifying data integrity and does not involve a complete consensus mechanism. Therefore, the rollups on top of Celestia are essentially self-sovereign blockchains, where nodes can freely fork their software.

In 2022, as Web3 emerged as a trending concept, it naturally raised new demands for the underlying infrastructure that supports this concept - public chains.

This year, we have a very clear and distinct approach to blockchain scalability, which is modular thinking.