TL;DR —
Layer 2 solutions have grown in popularity over the past year due to Ethereum’s network congestion and soaring transaction fees. These solutions help DApps scale by taking transactions off-chain, but whether they can trigger a massive boom in on-chain transactions requires more refinement. This article will focus on the cross-chain solution projects that I have been following for a long time: Celer Network, Hop Protocol and Connext Network. Celer uses its own State Guardian Network (SGN) to ensure cross-chains interoperability and security.
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Written by
@bingventures
Investment manager at Bing Ventures and a seasoned crypto analyst and writer.
Topics and
tags
tags
cross-chain|cross-chain-liquidity|cross-chain-defi|good-company|technology|blockchain|blockchain-technology|blockchain-development
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