# Celer Network

> Celer Network is an Internet-scale, trust-free, and privacy-preserving platform where everyone can quickly build, operate.

- Canonical URL: https://iq.wiki/wiki/celer-network
- Categories: Cryptoassets
- Created: 2022-08-12T22:31:01.447Z
- Last updated: 2026-03-18T13:50:43.000Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Celer Network** is an Internet-scale, trust-free, and privacy-preserving platform where everyone can quickly build, operate, and use highly scalable decentralized applications. Celer provides unprecedented performance and flexibility through innovation in off-chain scaling techniques and incentive-aligned crypto-economics.

# Overview

Celer Network[\[1\]](#cite-id-lnjgayaaiah) embraces a coherent and loosely coupled architecture with clean abstractions that enable rapid evolution of each component, including a generalized state channel and sidechain suite that supports fast and generic off-chain state transitions;

* A highly efficient state channel payment routing protocol that achieves an order of magnitude higher throughput compared to state-of-the-art solution
* A hybrid rollup sidechain that offers users tunable tradeoff on trust performance, and features.
* New crypto-economic models that provide strong security, high availability, stable liquidity, and network effect for the off-chain ecosystem. [\[2\]](#cite-id-qr2bjbakp7)

# Layer-2 blockchain scaling

Celer Network consists of a group of layer-2 scaling mechanisms running on top of existing and future blockchains. Blockchain technologies offer a foundation to dramatically expand the scope and freedom of global information sharing and value transfer.[\[3\]](#cite-id-ddo7kh6yhvn)

CN team envision a future with blockchain-powered decentralized ecosystems where people, computers, mobile, and IoT devices can perform secure, private, and trust-free interactions at a massive scale. [\[4\]](#cite-id-sw119vg9kuj)

Layer-1 blockchains such as Bitcoin and Ethereum are slow because each operation needs to be processed by most of the nodes to reach on-chain consensus. New on-chain consensus improvements such as sharding and various Proof-of-X mechanisms are continually getting proposed and developed. They make the layer-1 blockchains relatively faster with different tradeoffs but cannot change the fundamental limitations of on-chain consensus. [\[5\]](#cite-id-u36ss7xykck)

# Celer cryptocurrency

Celer Network’s mechanism, cEconomy, is designed based on a fundamental principle which is good crypto-economic (token) model should provide additional values and enable new game-theoretical dynamics that are otherwise impossible.

While gaining scalability, an off-chain platform is also making tradeoffs on network liquidity and state availability, and it will never take off without a crypto-economic model that can enable new dynamics to balance out these tradeoffs. [\[6\]](#cite-id-flis31r7v6d)