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NEO Is in Talks to Integrate Celer Network to Improve Scalability

Blockchain project NEO is considering integrating Celer Network’s (CELR) layer-two scaling protocol to improve scalability.


Faster transactions, more possibilities


As industry-focused news outlet Crypto Briefing reported on Aug. 17, John Wang, NEO’s director of Eco Growth, said that integration with Celer is under discussion. Celer’s platform is a solution that enables faster off-chain transactions both for payments and generalized off-chain smart contracts.


To transfer value across the network, Celer uses its native CELR tokes. According to the report, community members say that Celer is fifteen times faster than Bitcoin’s (BTC) Lightning Network. Commenting on the development, Wang said:


“A public blockchain is more than a currency: it needs to have the infrastructure for lots of users to come to it … to enable people to do anything.” Read More at CoinTelegraph...

#NEO

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