Celestia's Controversial Proposal: Abandoning PoS and the $100M Team Sell-Off – A Deep Dive
The Radical Proposal: From PoS to PoG
Celestia’s co-founder John Adler recently proposed abandoning Proof-of-Stake (PoS) entirely, advocating for a new ‘Proof-of-Governance’ (PoG) model. This would slash TIA’s token issuance by 95%, eliminate staking contracts, and shift validation to off-chain governance. Adler argues that staking is redundant without issuance rewards or voting power—a bold claim that challenges Ethereum’s foundational assumptions.
The $100M Question: Team Sell-Offs
While the proposal aims to address TIA’s inflation woes, community trust took another hit when reports surfaced of core team members selling over \(100M worth of TIA post-unlock. Key figures like Mustafa allegedly cashed out \)25M via OTC deals, raising eyebrows about their confidence in Celestia’s future.
Market Realities: High Hopes, Low Revenue
Despite its \(3.5B valuation, Celestia’s daily protocol revenue barely cracks \)100. Its ‘modular DA’ narrative is under scrutiny as competitors gain traction. With TIA down 92% from its peak, even Adler admits such drops are ‘industry norm’—but investors aren’t buying it.
Final Thoughts: Innovation or Exit Strategy?
The PoG proposal could redefine blockchain economics—or serve as smokescreen for a crumbling project. Either way, Celestia’s credibility hangs by a thread. As always in crypto: caveat emptor.
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Hot comment (4)
Proof-of-Governance o Proof-of-Gulo?
Grabe ang twist ni Celestia! Biglang gusto nila palitan ang PoS ng ‘Proof-of-Governance’ - parang nagpalit ng rules habang nasa gitna ng laro. Tapos yung team, nakabenta na ng $100M na TIA! Mukhang sila mismo hindi sigurado sa future nila.
$100M Question: Bakit Kaya?
Kung ako tatanungin, mukhang mas okay pa mag-invest sa fishball kaysa sa TIA ngayon. At least predictable ang inflation ng fishball!
Ano sa tingin nyo - innovative move o exit strategy na? Comment kayo!
Dari PoS ke PoG: Atau Mungkin ‘Proof-of-Gone’?
Celestia mau ganti Proof-of-Stake dengan Proof-of-Governance, tapi timnya malah proof-of-sell-off dengan cairin $100M! John Adler bilang ini ‘industri normal’, tapi investor kayaknya lebih percaya sama anjloknya TIA 92% daripada omongannya.
$100M Question: Uangnya Kemana?
Tim inti jual TIA besar-besaran pas unlock. Mustafa saja cairin $25M via OTC. Kalau proyeknya bagus, ngapain buru-buru jual? Atau ini skema ‘exit liquidity’ versi mereka?
Market Reality: Nilai Tinggi, Pendapatan Nol
Valuasi \(3.5B tapi pendapatan cuma \)100/hari? Modular DA-nya kelihatan keren di atas kertas, tapi di lapangan… well, lihat saja chart TIA yang lebih mirip rollercoaster tanpa rem!
Yang bener nih inovasi atau sekadar alasan buat kabur? Komentar kalian?
Celestia đang chơi trò gì vậy?
Từ bỏ PoS để chuyển sang PoG - nghe cứ như đổi từ xe máy sang… xe ngựa vậy! Adler nói staking là thừa, nhưng team lại bán tống bán tháo $100M TIA. Liệu đây là ‘đổi mới táo bạo’ hay chỉ là chiêu thoát hiểm tài tình?
Thị trường không dễ lừa
Giá TIA rớt 92%, doanh thu mỗi ngày chỉ $100 - đúng là ‘công nghệ modular DA’ siêu cấp! Cộng đồng giờ chắc đang tự hỏi: Đầu tư vào Celestia có khác gì mua vé số?
Các bác nghĩ sao? Comment một phát xem có nên tin tưởng đội ngũ ‘bán hàng siêu đẳng’ này không?
Proof-of-Governance o Proof-of-Kwarta?
Grabe ang plot twist ni Celestia! Biglang gusto na lang iwanan ang PoS para sa ‘Proof-of-Governance’ - tawag ko dyan Proof-of-Gulo! Tapos yung team nagbenta ng $100M na TIA? Parang nagpaalam na sila bago lumubog ang barko!
$100M Exit Strategy
Sino ba naman ang hindi mabibigla eh? Pagkatapos mag-unlock, biglang nag-OTC deals ang mga co-founder. Si Mustafa $25M agad! Mukhang mas naniniwala sila sa cash kesa sa sariling project nila. Crypto talaga - either to the moon or to the OTC!
TIA: Token Is Ailing
From \(3.5B valuation to \)100 daily revenue? Grabe naman ang pagbagsak! Sabi ni Adler ‘industry norm’ daw. Oo nga, normal na sa crypto ang malugi…pero sana naman hindi ganyan kabigat! Kayo, bumibili pa ba kayo ng TIA o naghihintay na lang ng sequel - Celestia 2: The Exodus?
