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Celer Network is a Layer 2 scaling solution designed to make off-chain transactions fast, simple, and secure-not just for payments, but also for generalized off-chain smart contracts. Built by four PhDs from MIT, Princeton, UC Berkeley and UIUC, it helps people build, run, and access highly scalable decentralized applications using breakthroughs in off-chain scaling methods and incentive-aligned cryptoeconomics design. Celer Network aims to unlock blockchain’s full potential and change how decentralized applications are developed and used.
Key features
Already delivered a 10,000X reduction in transaction latencyNo off-chain smart contract transaction feesSpeeds up both payments and smart contractsOffers 100X lower fees for micro paymentsScales horizontally as additional nodes joinUses a provably optimal off-chain payment routing algorithmIntroduces the world’s first off-chain crypto economics model for safety and high liquidityBlockchain agnostic (supports Ethereum, DFINITY and all EVM based blockchains)| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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