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What is Hermez?

Hermez represents a groundbreaking open-source ZK-Rollup that is tailored to enable secure, affordable, and user-centric token transfers on the Ethereum network. Seamlessly integrating with Ethereum's ecosystem, it champions low-cost token transactions to create a more inclusive financial landscape. The platform is designed for economical token transfers and trading, showcasing remarkable throughput capabilities. Built upon a decentralized and open-source foundation, it guarantees computational integrity for secure transactions. Utilizing zero-knowledge technology, Hermez dramatically reduces transfer costs, enhancing access to financial services and laying the groundwork for widespread acceptance. The trustworthiness of computations and the reliability of on-chain data are maintained through zero-knowledge-proof technology, all while preserving the core public blockchain features of Ethereum. Hermez aspires to create a robust and highly efficient payment network that accommodates the forthcoming wave of digital currencies, ensuring that everyone can participate in financial exchanges. By emphasizing accessibility and efficiency, Hermez is poised to transform our understanding and execution of financial transactions in the evolving digital landscape, making it easier for individuals to engage in the economy. Its innovative approach may inspire other projects to follow suit in enhancing transaction processes across various platforms.

What is Celer Network?

Celer Network functions as a layer-2 scaling solution aimed at enabling fast, secure, and affordable blockchain applications on Ethereum, Polkadot, and multiple other blockchain systems, with the goal of achieving widespread usage. It was the first to introduce a Generalized State Channel Network and remains at the forefront of innovation in the layer-2 scaling landscape through its sophisticated Rollup technology. The platform has generated significant attention due to its notable applications and middleware like cBridge and Layer2.Finance, as well as various ecosystem initiatives that appeal to a wide range of users in sectors such as DeFi, blockchain interoperability, and gaming. Layer2.Finance specifically targets the two main barriers to DeFi's broader acceptance: high transaction costs and complicated user interfaces. Furthermore, cBridge functions as a flexible multi-chain network that allows for instant, affordable, and smooth value transfers across different Ethereum layer-2 networks, the Ethereum main chain, and plans to support additional layer-1 and layer-2 solutions in the future. As Celer Network continues to grow, it is committed to improving the overall user experience and expanding access to blockchain technology for an ever-wider audience, fostering a more inclusive digital economy.

Media

Media

Integrations Supported

Ethereum
Aboard Exchange
Ankr
COMBO Network
Chainlink
FOX Wallet
InfStones
Internet Computer
IoTeX
MUX
Manta Network
MetaMask
Nervos
Polkadot
Scroll
Telegram
Wyre
cBridge

Integrations Supported

Ethereum
Aboard Exchange
Ankr
COMBO Network
Chainlink
FOX Wallet
InfStones
Internet Computer
IoTeX
MUX
Manta Network
MetaMask
Nervos
Polkadot
Scroll
Telegram
Wyre
cBridge

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Hermez

Date Founded

2020

Company Website

hermez.io

Company Facts

Organization Name

Celer

Date Founded

2018

Company Website

www.celer.network/

Categories and Features

Categories and Features

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