Celer Network is a premier layer 2 scaling platform that facilitates swift, straightforward, and secure off-chain transactions. It supports not only payments but also generalized off-chain smart contracts. Founded by four PhDs from MIT, Princeton, UC Berkeley, and UIUC, the network empowers users to rapidly develop, operate, and utilize highly scalable decentralized applications through innovative off-chain scaling solutions and incentive-aligned cryptoeconomics. Celer's mission is to unlock the full potential of blockchain technology and transform how decentralized applications are created and used. Key features include: an impressive 10,000X reduction in transaction latency; zero off-chain smart contract transaction fees; acceleration of both payments and smart contracts; 100X fee reduc...
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