Celer cBridge: Fast and Low-cost Value Transfer Network for an | Celer Network Announcements

Celer cBridge: Fast and Low-cost Value Transfer Network for an Interconnected Layer2 and Layer1 Future

We are thrilled to introduce Celer cBridge, a multi-chain network that enables instant, low-cost and ANY-to-ANY value transfers within and across Ethereum’s layer-2 chains, Ethereum main chain and in the future, other layer-1s, and layer-2 on top of those other layer-1 chains.

A summary of some immediate use cases of Celer cBridge are：

- Instant and low-cost multi-hop value transfer between multiple different layer-2 networks on Ethereum, including Optimistic Rollups, such as Optimism, Arbitrum and Celer Rollups, and PoS Sidechains such as Matic and SKALE, without going through underlying layer-1 blockchain.
- Instant entering and existing layer2 from/to Ethereum layer-1 without long delay.
- Two-way bridging between layer-2 on one blockchain and a completely different layer-1 blockchains without going through the corresponding root layer-1 at all.
- Seamless connection to Celer State Channel Network in any single chain with full cross-chain routing support.

Like and Retweet: https://twitter.com/CelerNetwork/status/1361358611381854208
Read More here: https://blog.celer.network/2021/02/15/celer-cbridge-fast-and-low-cost-value-transfer-network-for-an-interconnected-layer2-and-layer1-future/