Cryptocurrency Q&A What is the purpose of the TIA coin?

What is the purpose of the TIA coin?

Chiara Chiara Sun Nov 17 2024 | 6 answers 1213
I would like to understand the reason behind the creation of the TIA coin. What is its main objective or function within its ecosystem or the broader cryptocurrency market? What is the purpose of the TIA coin?

6 answers

SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Tue Nov 19 2024
This network design ensures that TIA plays a crucial role in maintaining its security.

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KatanaBlade KatanaBlade Tue Nov 19 2024
TIA holders have the opportunity to stake their tokens.

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henry_taylor_architect henry_taylor_architect Tue Nov 19 2024
By staking, TIA holders can engage in the consensus mechanism of Celestia.

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Silvia Silvia Tue Nov 19 2024
Additionally, they participate in the governance of the network.

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Silvia Silvia Tue Nov 19 2024
Celestia operates on a proof-of-stake (PoS) network.

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