Celer Network

by ScaleSphere Foundation Ltd

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Semux

by Semux

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IPFS

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Celer Network

by ScaleSphere Foundation Ltd

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Semux

by Semux

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IPFS

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What problem does this service solve?

Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.Semux aims to create a high performance blockchain for DApp development.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

Semux is developing a blockchain platform for creating decentralized applications. Semux's platform is written entirely in Java and is powered by the native SEM coin. It has a Byzantine Fault Tolerant consensus algorithm that is designed to confirm transactions quickly.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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