Celer Network Overview

What is Celer Network?

Celer Network is a layer-2 scaling solution and interoperability protocol that houses three products - Celer Inter-chain Messaging, cBridge, and Peti. It facilitates faster transactions, seamless communication between blockchains, and secure asset transfers through products like cBridge. Celer Network provides developers with a suite of tools and infrastructure (i.e. SDK) to build scalable decentralized applications (dApps) and services, facilitating mainstream adoption of blockchain technology.

Main Features
Easy integration of Celer IM and cBridge for developers
Layer-2 scaling for cost-efficiency
Inter-chain Messaging
User-friendly and developer-friendly interface

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Frequently asked questions

eler Network achieves scalability through the use of state channels, sidechains, and rollups, which enable off-chain computation and transaction processing.

Yes, Celer Network's products have undergone several audits by Peckshield, Certik, and Slowmist. Please find the audit reports here: https://cbridge-docs.celer.network/reference/audit-reports and https://im-docs.celer.network/audit-reports

They also have a bug bounty partnered with ImmuneFI.

Peti aims to provide efficient liquidity solutions for DEXs and market makers across various blockchains. It aims to address the scalability limitations of traditional Ethereum transactions by enabling off-chain computation and transaction processing, while still maintaining the security and decentralization properties of the underlying blockchain. With Peti, traders can now employ "just-in-time" liquidity to execute cross-chain trades with zero slippage.

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