TROY Partners with Celer Network to Improve Scalability of Troy Network
TROY, the global prime broker specialized in crypto trading and asset management, is proud to announce a strategic partnership with Celer Network, a leading layer 2 scaling platform that enables fast, easy and secure off-chain transactions. Celer Network now is also the first member of the “Global Ecological Community Program” launched by TROY, which is designed to break the trading barriers of crypto assets and build a frictionless, integrated crypto asset trading ecosystem.
TROY, derived from Troy Network, will work closely with Celer Network in devoting resources towards research and development of layer 2 scaling solutions. Through this partnership, TROY could adopt Celer Network’s novel and advanced state channel scaling technology. Simultaneously, TROY could provide Celer Network with the most promising application scenarios, like trading marketplace and settlement network.
In Troy Network, the whole system architecture consists of four layers, including the public chain protocol layer, the off-chain trading layer, the settlement network layer and the application layer. In order to improve users’ trading experience and further enhance the privacy protection, Troy Network will deploy an off-chain trading protocol atop the underlying public chain, which adopts Layer 2 scaling technologies as the keystone. In the off-chain trading layer, Troy Network will improve the scalability and usability by actively applying the mature off-chain scaling technology from Celer Network to the trading process.
About Celer Network
Founded by four PhDs from MIT, Princeton, UC Berkeley and UIUC, Celer Network is the most advanced off-chain scaling platform to make it possible to build fast, easy-to-use and secure blockchain applications at Internet scale.
Troy Trade is a global prime broker specialized in crypto trading and asset management. We provide crypto brokerage services for institutional clients and professional traders with revolutionary products, including spot & margin trading, derivatives, data, custody, lending and staking in one account.
Official website: https://troytrade.com
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