Celer Network is founded by a team of highly regarded computer scientists not only with achievements in academia from MIT, UC Berkeley, Princeton and UIUC, but also with a track record of leadership in building large-scale consumer and enterprise softwares such as Google Fi, B4, Tensorflow, QUIC, Veriflow (acquired by VMWare) and Intel DPDK. The team has since attracted top talents from Gameloft, Netmarble, Nexon, Tencent Gaming, Groupon, Amazon, Baidu, Alibaba and Citadel.
Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where everyone can quickly build, operate, and use highly scalable dApps. It is not a standalone blockchain but a networked system running on top of existing and future blockchains. It provides unprecedented performance and flexibility through innovation in o↵-chain scaling techniques and incentive-aligned cryptoeconomics.
Celer Network embraces a layered architecture with clean abstractions that enable rapid evolution of each individual component, including a generalized state channel and sidechain suite that supports fast and generic o↵-chain state transitions; a provably optimal value transfer routing mechanism that achieves an order of magnitude higher throughput compared to state-of-the-art solutions; a powerful development framework and runtime for o↵-chain applications; and a new cryptoeconomic model that provides network e↵ect, stable liquidity, and high availability for the o↵-chain ecosystem.