Celer Network

Just like how the 56Kbps dialup Internet in the 90s cannot possibly support 4K video streaming, the insucient scalability of today’s blockchain is the key factor limiting its use cases. Current blockchains have low throughput because each operation needs to be processed by the vast majority of nodes to reach on-chain consensus, which is exactly ”how to build a super slow distribution system”. Ironically, the on-chain consensus scheme also leads to poor privacy as any node can see the full transa