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Celestia (TIA)

What is Celestia?​

Here are 5 key points about Celestia (TIA):

  • Celestia is designed as a modular blockchain, separating the consensus and data availability layers from the execution layer which allows greater flexibility for developers.

  • Celestia utilizes data availability sampling to ensure that data published on the blockchain is available and can be downloaded by nodes resulting to lower storage and bandwidth requirements.

  • Developers can build specialized blockchains with custom features and rules while still benefiting from Celestia's security and scalability, due to its interoperability with other blockchains.

  • The consensus and data availability layer of Celestia are secured through a decentralized network of validators, ensuring a high level of security and resistance to censorship.

  • TIA, is used to pay for transaction fees and can be staked to help secure the network. TIA holders have governance rights allowing them to participate in the decision-making process regarding network upgrades, parameter changes, and other important aspects of the Celestia blockchain.

tip

Learn more about the Celestia Blockchain by reading the Gem Wallet Learn article: What Is The Celestia Blockchain?

Celestia on Gem Wallet​

Gem Wallet has the following features enabled for Celestia:

  • Buy Celestia (TIA) with fiat using debit/credit cards.
  • Store Celestia tokens securely.
  • Send and Receive TIA tokens natively.
  • Stake TIA to earn more TIA.

TIA on Gem Wallet TIA Chart on Gem Wallet

How to Get Celestia?​

Here are some ways to acquire some Celestia (TIA):

  • Buy Celestia (TIA) directly on the Gem Wallet app.
  • Receive TIA with the unique Celestia address on the Gem Wallet app.

Buy TIA on Gem Wallet Receive TIA on Gem Wallet

Transaction Fees on the Celestia Blockchain​

The fees on Celestia are summarized as follows:

  • Users on the Celestia network are required to pay transaction fees in the native TIA token to execute transactions and utilize network services.
  • The fee structure on Celestia is designed to support scalability by encouraging efficient use of network resources.
  • Fees may be adjusted based on network demand and resource utilization.

Send TIA fee on Gem Wallet Stake TIA Fee on Gem Wallet

How to Check Celestia (TIA) Balance?​

Gem Wallet app connects to the Celestia Blockchain to show the TIA balance on your wallet. Tap on the 3 dots at the upper right corner, then tap on View address on MintScan.

View TIA Balance on Gem Wallet View TIA Balance on MintScan

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MintScan is the default TIA explorer of Gem Wallet. You can manually check balances and transactions by going to MintScan and search for your TIA address.