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Celer Network Integrates Polygon zkEVM for Asset Bridging

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On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge for asset bridging has integrated Polygon zkEVM. It initially s

Celer Network Integrates Polygon zkEVM for Asset Bridging

On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge for asset bridging has integrated Polygon zkEVM. It initially supported ETH cross chain bridging between Polygon zkEVM and Ethereum, Arbitrum, Optimism and BNBChain, Polygon, Avalanche and Fantom. At present, the size of the new ETH liquidity pool on cBridge is limited to 100 ETHs.

Cross chain interoperability protocol Celer has supported Polygon zkEVM

Celer Network is a cross chain interoperability protocol that has recently made an important announcement. On April 20th, the network stated that its cBridge for asset bridging has integrated Polygon zkEVM. This integration marks a major milestone for the network in facilitating seamless asset transfer between various blockchain networks.
In this article, we will take a closer look at what Celer Network’s integration with Polygon zkEVM means for the blockchain industry, as well as how it works, and its benefits.

The Integration of Celer Network’s cBridge and Polygon zkEVM

The integration means that cBridge now supports ETH cross chain bridging between Polygon zkEVM and various blockchain networks. Specifically, the integration includes Ethereum, Arbitrum, Optimism and BNBChain, Polygon, Avalanche and Fantom. Essentially, the integration allows users to seamlessly transfer their assets across these networks with ease.

How Does the Integration Work?

Celer Network’s cBridge is a layer-2 scaling technology that allows for fast, low-cost, and secure asset transfers across different blockchain networks. Its integration with Polygon’s zkEVM further enhances its interoperability capabilities.
Polygon zkEVM, on the other hand, is an EVM-compatible scaling solution that provides fast, cheap, and secure transactions on the Polygon network. The integration with cBridge allows Polygon to expand its cross-chain liquidity pool and tap into Celer Network’s vast user base.

Benefits of the Integration

The integration of Celer Network’s cBridge with Polygon zkEVM offers several benefits. Firstly, it increases liquidity and accessibility across different blockchain networks. This makes asset transfer faster and cheaper for users, while also increasing overall security.
Secondly, it enables greater interoperability between different blockchain networks, which is key to the growth and decentralization of the blockchain industry. With greater interoperability, users can access a wider range of DeFi applications and services, creating a more inclusive and connected ecosystem.

Conclusion

The integration of Celer Network’s cBridge with Polygon zkEVM represents a significant milestone in the growth and development of the blockchain industry. It offers many benefits for users and expands the possibilities for DeFi applications and services.
Frequently Asked Questions:
Q: What is Celer Network?
A: Celer Network is a cross chain interoperability protocol that enables seamless and secure asset transfer across different blockchain networks.
Q: What is Polygon zkEVM?
A: Polygon zkEVM is an EVM-compatible scaling solution that offers fast, cheap, and secure transactions on the Polygon network.
Q: What are the benefits of the integration?
A: The integration offers increased liquidity, accessibility, and interoperability between different blockchain networks, creating a more inclusive and connected ecosystem.

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