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Celestia Foundation, which developed the Celestia blockchain, has received $100M investment from Bain Capital Crypto.
This became unexpected to some as their TIA token has recently experienced a big decline, while others expected something like this due to Celestia’s unique architecture and prospects.
What makes the Celestia blockchain architecture unique is that it separates consensus from the execution layer, fundamentally improving the scalability and efficiency of the network.
This modular approach is important for the entire Web3, as it offers infrastructure improvements at its very core, and simplifies the development of blockchain-based solutions.
Stay tuned for more details.
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