Celestia Unveils Ginger Network Upgrade, TIA Price Rallies 6%
Highlights
- Celestia's Ginger upgrade reduces block times from 12 to 6 seconds, doubling data throughput.
- The upgrade limits transactions to 2 MiB with a max of 600 PFB per block.
- TIA price surged 6% to $6.06 following the Ginger upgrade announcement.
Celestia, a modular data network, has announced its upcoming Ginger upgrade, a key network enhancement that will improve transaction speed and finality times. The Ginger upgrade, set to go live in November 2024, will reduce block times from 12 seconds to 6 seconds. This will enable the network to process transactions more efficiently.
Celestia Rolls Out Ginger Upgrade: TIA Price Jumps 6%, What’s Next?
In a recent blog post, Celestia unveiled details about the Ginger upgrade, which will bring notable improvements to the network’s performance. The upgrade will double the network’s data availability throughput by reducing block times from 12 seconds to 6 seconds. This change will enable faster transaction processing and finality, making the network more efficient for users and developers.
Moreover, the Ginger upgrade will introduce new features such as a transaction size limit of 2 MiB and limits on the number of PayForBlobs (PFB) and non-PFB messages per block. Specifically, each block will support up to 600 PFB and 200 non-PFB messages.
Additionally, Celestia will activate this upgrade at Arabica height 2348907, expected in November 2024. It will transition to the public Mocha testnet before being fully integrated into the mainnet in December. The upgrade sets the stage for further scalability, with community governance potentially increasing the block size to 8 MB every 6 seconds in the future.
Technical Enhancements and Future Potential
The Ginger upgrade also introduces Celestia’s shift to a default use of BBR (Bottleneck Bandwidth and Round-trip propagation time) congestion control. This adjustment will boost throughput in real-world peer-to-peer networks, especially when sending large amounts of data.
In addition to these changes, the upgrade will streamline transaction validation for rollups through CIP-21, which introduces blob types with verified signers. This further reduces processing time and improves network throughput.
Following the increased network upgrades and the recent $100 million funding round, Analysts foresee TIA price prediction could reach $10 soon.
At press time TIA Price saw a 6% increase, rising to $6.06, just below its $6.5 resistance. This price surge coincides with growing optimism following the anticipated benefits of the upgrade. The token’s value remains 60% above its lowest level this year, reflecting the network’s continued resilience.
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