CelerNetwork-Whitepaper.pdf

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Celer Network: Bring Internet Scale to Every Blockchain ScaleSphere Foundation Ltd. (“Foundation”) June 15, 2018 Draft, subject to change. Abstract. Just like how the 56Kbps dialup Internet in the 90s cannot possibly support 4K video streaming, the insufficient 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…

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