Celer Network, founded in 2018 as a Generalized State Channel Network transformed into a generalized inter-blockchain and cross-layer communication platform. This pivot led to the creation of the:
Celer Inter-chain Messaging Framework (Celer IM)
cBridge, and
layer2.finance, the key products of the Celer Network.
Their State Guardian Network(SGN) is used as a core component of all these products. The SGN is a Proof-of-Stake (PoS) blockchain built on Tendermint that serves as the message router between different blockchains. The Celer IM framework is very easy-to-use and allows a “plug’n’play” upgrade that often requires no modifications with already deployed code. Celer has two different security models, an optimistic-rollup inspired model and an L1-PoS-blockchain security model, applications can choose among them or follow a hybrid pattern. Celer IM uses the Cbridge by default but can be integrated with other bridges as well. The SGN acts as a cBridge node gateway and Service Level Agreement (SLA) arbitrator in the Cbridge. The Celer code is well written with proper testing and a wide team of developers.
Celer IM
build inter-chain-native dApps
The Celer IM framework is very easy-to-use and allows a “plug’n’play” upgrade that often requires no modifications with already deployed code
The SGN is a Proof-of-Stake (PoS) blockchain built on Tendermint that serves as the message router between different blockchains.
cBridge
The SGN as a cBridge node gateway and Service Level Agreement (SLA) arbitrator
The SGN as a Shared Liquidity Pool Manager
Celer has two different security models, an optimistic-rollup inspired model and a L1-PoS-blockchain security model
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