#GGG Partnership: Celer
Good Games Guilds continues the strike to create a shared metaverse. We are excited to announce that we will have a strategic partnership with Celer, the best inter-blockchain and cross-layer communication platform.
Our partnership aims to allow users to transfer GGG tokens from the BSC network to the zkSync network, which is a layer 2 scaling solution for Ethereum. By bridging the GGG token to zkSync, users will be able to access faster and cheaper transactions on the zkSync network while still being able to hold and use GGG tokens.
Celer, as the partner in this endeavor, will likely provide the technical expertise and infrastructure necessary to facilitate the bridging of the GGG token between these two networks: Binance Smart Chain (BSC) and zkSync Era. With this initial integration and support, we hope to secure a flexible approach to facilitate interoperability between SPS and the broader blockchain space.
🚀 Bridge $GGG (BSC) to zkSync Era here: https://cbridge.celer.network/56/324/GGG
About Celer
Celer is a blockchain interoperability protocol enabling a one-click user experience for accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
Celer Network was founded in 2018 by Computer Science PhDs from MIT, Princeton, UC Berkeley, and UIUC with the goal to bring blockchain technology to mass adoption. In 2019, Celer Network launched the world’s first Generalized State Channel Network on the mainnet that has allowed users on the same blockchain to interact with each other in real-time while maintaining scalability. As the blockchain ecosystem has progressed towards a more multi-chain world, Celer Network extends its core technology, specifically the State Guardian Network used in the Generalized State Channel Network and transforms it into a generalized inter-blockchain and cross-layer communication platform. This pivot led to the creation of the Celer Inter-chain Messaging Framework (Celer IM), cBridge, and layer2.finance. Today, Celer Network has a strong global team pursuing the unchanged goal of pushing blockchain to mass adoption.
Celer uses smart contracts that are deployed on each chain paired with the State Guardian Network, a Tendermint-based blockchain, in order to enable seamless multi-blockchain interoperability. To send a message or invoke a smart contract function cross-chain, a user or a dApp will first send their intention as a message with a structured header and arbitrary binary payload to a Message Bus smart contract on the source chain. Then the validator, the State Guardian Network, will first reach a consensus on the existence of such a message and concurrently generate a stake-weighed multi-signature attestation. This attestation then is relayed to the destination via an Executor subscribing to the message. On the destination chain, the same Message Bus contract exists to check the validity of the message and triggers the corresponding logic associated with the message either immediately or after a timeout.
- State Guardian Network; help secure Celer and capture network value.
The Celer State Guardian Network (SGN) is a Proof-of-Stake (PoS) blockchain built on Tendermint that serves as the message router between different blockchains. Validator nodes have to stake CELR tokens to join the consensus process of the SGN. The CELR staking process is a crucial part of the economic security of the Celer Inter-chain Message Framework. To use the SGN’s message routing service and to store the multi-signature attestation, users must pay a fee to the SGN for these services. These usage fees are distributed to the CELR stakers and validators for their work in securing the network in addition to the block reward. - Celer cBridge; multi-blockchain asset bridge, instant transfer, zero trust.
Celer cBridge is a decentralized and non-custodial asset bridge that supports 150+ tokens across 40+ blockchains and layer-2 rollups. Built on top of the Celer Inter-chain Message Framework, cBridge has processed ~$13B cross-chain asset transfer volume on 40+ blockchains for more than 350K unique users and is quickly growing and expanding into more blockchains and layer-2s. - Layer2.Finance; easy access, 100X lower cost for DeFi
Layer2.finance tackles the two largest challenges preventing DeFi from reaching mass adoption: the extraordinarily high transaction fees and being very difficult to navigate and use. Layer2.finance is a novel solution that allows people to access all existing DeFi protocols at a fraction of the cost by acting like a “DeFi Public Transportation System”.
For further information about Celer, please visit: https://celer.network/
About Good Games Guild
Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets, and building tools that will enhance the future of gaming and meta-verse.
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