Celer Network - Bring Internet Scale to Every Blockchain
Celer Network is a coherent technology and economic architecture that brings Internet scale to existing and future blockchains through off-chain scaling techniques. It can scale out to billions of trust-free, secure, and private off-chain transactions per second. Celer Network is on a mission to fully unleash the power of blockchain and revolutionize how decentralized applications are built and used.
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH |
| Circulating Supply | 30% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where everyone can quickly build, operate, and use highly scalable dApps. As a networked system running on top of existing and future blockchains, it provides unprecedented performance and flexibility through innovation in off-chain scaling techniques and incentive-aligned crypto economics.
Celer Network embraces a layered architecture with clean abstractions that enable rapid evolution of each component, including:
- A generalized state channel and sidechain suite that supports fast and generic off-chain state transitions;
- A provably optimal value transfer routing mechanism that achieves an order of magnitude higher throughput compared to state-of-the-art solutions;
- A robust development framework and runtime for off-chain applications; and a new crypto economic model that provides network effect, stable liquidity, and high availability for the off-chain ecosystem.
