Celer Network is a coherent technology and economic architecture that brings Internet scale to existing and future blockchains through off-chain scaling techniques. It can scale out to billions of trust-free, secure, and private off-chain transactions per second. Celer Network is on a mission to fully unleash the power of blockchain and revolutionize how decentralized applications are built and used. The CELR token (Symbol: CELR) is the sole means of transacting value on the Celer Network. The Celer Network utilizes a Proof of Liquidity Commitment (PoLC) mechanism, which works like a staking protocol, to create sufficient liquidity for state channel service providers to function.
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