CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Kava Partners with Celer cBridge

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Celer Network ($CELR) is a blockchain interoperability protocol founded in 2018 by Computer Science PhDs from prominent universities to serve the needs of a multi-chain world. Additionally, Celer Network develops core multi-chain technology. It also includes the State Guardian Network, Celer Inter-chain Messaging Framework (Celer IM), Bridge, as well as layer2.finance. Today, Celer Network has a strong global team pursuing mass adoption of blockchain.

What is Celer cBridge

Celer cBridge is a multi-chain network enabling instant, low-cost, and ANY-to-ANY value transfers for over 130 tokens. Within and across 720 bridges and 33 blockchains, including Ethereum, Avalanche, as well as Polkadot. Likewise with layer-2 scaling solutions such as Optimistic and ZK rollups. At over $380M TVL, cBridge connectivity is a powerful addition to the Kava ecosystem.

In partnering with Celer, the Kava Network continues to evolve into a more open, scalable, and optimized Layer-1 blockchain for Web3 builders. Furthermore, Kava’s ecosystem partners have unlocked enormous value through the Kava Network’s optimized support of two of the biggest decentralized ecosystems, Cosmos and Ethereum, preparing Kava for huge growth in the multi-chain future.

Additionally, Celer’s initial bridging support will include USDC, USDT, WETH, DAI, and WBTC. In the future, Celer will extend to NFT bridging and generic message passing with the Celer Inter-chain Messaging Framework, enabling a more secure and flexible approach to facilitate interoperability between the Kava Network and the broader blockchain space.

ABOUT Kava Network
Kava is a secure, lightning-fast Layer-1 blockchain. Combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network.

Website | Twitter

ABOUT Celer Network
 Celer Network launched the world’s first Generalized State Channel Network on mainnet that has allowed users on the same blockchain to interact with each other in real-time while maintaining scalability. As the blockchain ecosystem has progressed towards a more multi-chain world. Celer Network extends its core technology, specifically the State Guardian Network used in the Generalized State Channel Network. It also transforms it into a generalized inter-blockchain and cross-layer communication platform.

Website | Twitter

RESOURCES
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