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Celestia (TIA) Gains 14% Following Network Upgrade Announcement

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Celestia (TIA) Gains 14% Following Network Upgrade Announcement - NewsBTC

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The post details several features that will be part of Lemongrass.  "Developed and coordinated with the community, Lemongrass includes 1-click Tia interactions with other IBC chains, Interchain accounts, and a new upgrade mechanism,” Celestia said.  Celestia’s first upgrade, Lemongrass, is coming.🍵 Developed and coordinated with the community, Lemongrass includes 1-click Tia interactions with other IBC chains, Interchain accounts, and a new upgrade mechanism.pic.twitter.com/Lu6f3vWeU9 — Celestia (@CelestiaOrg) August 8, 2024 In the platform’s official blog post regarding the upgrade, the new features are part of several proposals that were approved by the community.

Through the Inter-Blockchain Communication protocol, accounts on Celestia can now be accessed and controlled on other IBC-enabled chains, giving users from both ecosystems flexibility and convenience in accessing their accounts.  The upgrade will pass the Arabica devnet first, before its release on the Mocha testnet later this month with the Beta version released in mid-September.  As of writing, no concrete launch date for Lemongrass 1.0 has been announced.  Choppy Trading Days To Come For Celestia?

Celestia gains ground against the bears after the platform gave new info about the upcoming network upgrade named Lemongrass.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

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Published On: 2024-08-13 @ 23:00:03 (14 hours ago)

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News Source URL: newsbtc.com

Language: English

Article Length: 432 words

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Sentences: 68 lines

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Copyright Owner: © NewsBTC

News ID: 22070141

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