The challenge behind the information availability blockchain Celestia rolled out on Monday what it calls its greatest software program improve but, dubbed Matcha.
At its core, this replace is designed to spice up the community’s capability and enhance token economics. Among the many technical modifications, it will increase the utmost block dimension to 128 MB (up from 8 MB) and modifications how information propagation works, enabling a lot greater throughput.
Merely put, Celestia is making ready itself to deal with rather more information, which is necessary if many purposes begin utilizing it as their underlying “routing” or “data-availability” layer.
Past throughput, Matcha improve additionally claims to make important financial and interoperability enhancements. The improve cuts annual token inflation from ~5% all the way down to ~2.5%. It additionally removes a “token filter” for cross-chain bridges, which means non-TIA property can extra simply be moved via or routed by the Celestia layer. That is meant to sign that Celestia needs to develop into a go-to layer for cross-chain information availability and asset routing.
The challenge’s native token, TIA, is roughly up about 6% over the past 24 hours, buying and selling round $0.65. Nonetheless, the token remains to be down 97% from its peak of round $19.70 in December 2024.
Learn extra: From Airdrop to Freefall: Celestia’s Tokenomics Underneath Fireplace