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Information about Celer Network (CELR)
The Celer Network is a large-scale Layer-2 blockchain network that allows offline transactions to be handled fast, simply, and easily. The Celer Network is not a separate blockchain; it runs on current and future blockchains. The Celer Network focuses on chain growth, starting with the simple deployment of cross-platform off-chain payments. As a result, users may choose Celer Network to create decentralized applications (dApps) fast and easily, without worrying about future growth.
The Celer Network’s founders claimed that the platform would “unleash the full power of Blockchain” and “revolutionize DApps,” resulting in “more effective and efficient products.”
CELR is a utility token operating within the Celer Network. CELR is used to pay for service fees and transaction fees. The token is also used as a reward for those who contribute to the platform’s growth.
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