Celer Network has announced a partnership with QTUM to develop and integrate its off-chain scaling solutions to the QTUM blockchain. This strategic partnership includes offering mutual early access to SDKs and linking both sides’ tech teams to ensure optimal collaboration and integration.
At its core, Qtum combines the advantages of Bitcoin Core, an Account Abstraction Layer allowing for multiple virtual machines, including the Ethereum Virtual Machine, and a proof-of-stake consensus protocol aimed at tackling industry use cases. To support developer adoption and facilitate use, QTUM uses an X86-based virtual machine — enabling developers to build Smart Contracts for QTUM using mainstream languages.
Celer Network, as a layer-2 scaling platform, will develop and integrate its off-chain scaling solutions on top of QTUM to further boost its scalability. With QTUM as the underlying security layer, Celer Network’s generalized state channel and sidechain suite (cChannel) and provably-optimal state routing algorithm (cRoute) can provide QTUM with another dimension of unlimited scalability. Celer Network’s cOS also provides a friendly development framework and application runtime that allows the QTUM community to easily access the off-chain solutions and scale their applications to millions of users.
“With its novel technical solutions such as X86 virtual machine, QTUM brings unprecedented intelligence and platform interoperability into blockchain systems, which enables next-generation decentralized applications that meet actual business need. Celer Network has the same vision of bringing Internet scale to every blockchain. With the vibrant community and the solid team from both QTUM and Celer, we look forward to seeing Internet-scale decentralized applications go mainstream.”
Both teams share the common vision of enabling Internet scale on public blockchains and bringing decentralized applications to mass adoption and real-world use cases.