Celestia Raises $55 Million to Solve Blockchain Modularity Challenge

Bitcoin.com | Oct 21, 2022 at 12:00 PM
  • Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round.
  • Current-gen blockchains are very difficult to deploy and manage, due to their monolithic design.
  • Celestia aims to launch an incentivized testnet for 2023.