Celer Network Description
Celer Network operates as a layer-2 scaling solution designed to facilitate rapid, secure, and economical blockchain applications across Ethereum, Polkadot, and various other blockchain platforms, aiming for widespread adoption. It pioneered the world's first Generalized State Channel Network and continues to innovate in the layer-2 scaling sector through its advanced Rollup technology. Notable applications and middleware such as cBridge and Layer2.Finance, along with other ecosystem projects developed on the Celer platform, have drawn considerable interest from diverse audiences in the realms of DeFi, blockchain interoperability, and gaming. Layer2.Finance specifically addresses the two primary obstacles hindering DeFi's mass adoption: the prohibitively high transaction fees and the complexity of usage. Additionally, cBridge is a versatile multi-chain network that facilitates instant, cost-effective, and seamless value transfers across various Ethereum layer-2 chains, the Ethereum main chain, and in the future, other layer-1 and layer-2 solutions. As Celer Network evolves, it continues to enhance user experience and broaden access to blockchain technology for all.
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Raydius
Raydius serves as a middleware platform aimed at enhancing the interconnectedness of the blockchain landscape. At present, creating applications that operate across multiple chains poses significant challenges due to the various Layer 1 and Layer 2 protocols, each with its unique development frameworks. To tackle this issue, Raydius provides cross-layer support as a service, enabling developers to concentrate on crafting the products that are most essential for users. It features an Ethereum Virtual Machine (EVM) compatible Layer 2 Proof of Stake (PoS) side chain built on the Substrate framework, which facilitates connections to numerous Layer 1 and Layer 2 blockchains via bi-directional bridges. Additionally, Raydius incorporates cross-chain bridge aggregators that offer users a seamless experience when utilizing decentralized applications (dApps) across different blockchain networks. The Raydius bridge aggregator collaborates with well-known asset bridges such as multichain.xyz, Matic, and Binance Smart Chain (BSC), ensuring optimal routing for users looking to transfer assets between various blockchains. With this comprehensive approach, Raydius not only simplifies development but also enhances user accessibility to a diverse range of blockchain services.
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Hemi
Hemi represents a revolutionary modular Layer-2 blockchain framework that effectively combines the robust security of Bitcoin with the flexible programmability of Ethereum by integrating a complete Bitcoin node into an Ethereum-compatible environment, referred to as the Hemi Virtual Machine (hVM). This innovative setup empowers developers to create Solidity smart contracts that can directly utilize Bitcoin data without the need for bridges or synthetic assets. Through its unique Proof-of-Proof (PoP) consensus mechanism, Hemi provides “superfinality,” anchoring transactions within Bitcoin blocks to ensure high integrity and resistance to reorganizations, while also enabling rapid finality. Additionally, the Hemi Bitcoin Kit (hBK) equips developers with essential tools to craft authentic Bitcoin-driven DeFi solutions, including lending, staking, automated market makers, MEV systems, and multi-chain DAOs, leveraging actual BTC for collateral or yield generation. As a result, Hemi not only enhances the capabilities of decentralized finance but also fosters greater integration between two of the most significant blockchains in the ecosystem.
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Integrations
Company Details
Company:
Celer
Year Founded:
2018
Website:
www.celer.network/
Media
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support
Celer Network Features and Options
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