CELER NETWORK (CELR) IS NOW AVAILABLE ON KRIPTOMAT.
Celer network is now available on Cryptomat. The vision of Celer Network is a future in which computers, people, and mobile and Internet of Things devices can all exchange information and value privately, securely and trustlessly on a massive scale. The innovative architecture of Celer Network brings internet scale to existing and future blockchains – without compromising on trust or decentralization.
Celer Network brings applications on blockchains such as Ethereum and Polkadot to mass adoption by enabling them to operate quickly, securely, and at low cost. This is achieved through a combination of state channel and rollup technology.
The Celer State Channel offers frictionless bridging of multi-chain and multi-layer assets, with real-time interaction and instant transaction settlement. Celer Rollup, on the other hand, acts as a separate chain from the Layer 1 blockchain which carries out computation and stores data of its own.
There is also the Celer State Guardian Network (SGN), which acts as a decentralized “watch tower” service as well as a decentralized block producer layer, providing security and ensuring smooth operation.
Celer’s technology has a diverse range of uses, including micropayments, gaming, and decentralized finance (DeFi). Applications and middleware built on Celer have already attracted more than 1 million users. These include low-cost DeFi solution Layer2.finance, multi-chain cross-layer asset bridge cBridge, and mobile esports platform CelerX. The platform also contains a full set of software development kits for developers.
⬇️DETAILS:
