Celer Network

Celer is thrilled to announce that we are launching cBridge support for Sui, an innovative decentralized Layer 1 blockchain. This exciting development marks a significant milestone in supporting Sui and represents a major step forward in achieving seamless interoperability across blockchain ecosystems. With this integration, Celer is introducing seamless token bridging to the Sui network. Celer is initially supporting the bridging of several popular tokens—ETH, WBTC, USDC, USDT, and DAI. This enables users to transfer these tokens between different blockchain ecosystems with ease.Celer-Bridged Token Addresses on Sui:WETH - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_weth_coin::CELER_WETH_COINWBTC - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_wbtc_coin::CELER_WBTC_COINUSDC - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_usdc_coin::CELER_USDC_COINUSDT - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_usdt_coin::CELER_USDT_COINDAI - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_dai_coin::CELER_DAI_COINWSTETH - 94e7a8e71830d2b34b3edaa195dc24c45d142584f06fa257b73af753d766e690::celer_wsteth_coin::CELER_WSTETH_COINSui is a Layer 1 blockchain that aims to revolutionize digital asset ownership by providing fast, private, secure, and accessible solutions. Unlike traditional blockchain systems, Sui is maintained by a permissionless set of validators who fulfill roles similar to traditional validators or miners. One of Sui&#39;s key strengths lies in its scalability and low-latency capabilities, allowing most transactions to be processed in parallel. By employing simpler and lower-latency primitives for basic use cases, it enables the development of latency-sensitive distributed applications across various industries, from gaming to retail payments. These smart contracts define and manage programmable objects representing user-level assets, with attributes such as ownership. Notably, objects and their attributes are stored directly on-chain, distinguishing Sui&#39;s storage mechanism from the account-based approach seen in most other blockchains.Celer is supporting asset and token bridging initially via the <a href="https://cbridge-docs.celer.network/developer/cbridge-canonical-mapping-transfer-xasset" rel="noopener noreferrer nofollow">xAsset</a> model, a lock-and-mint method, for token transfers between external chains and Sui. Additionally, discussions are underway to integrate <a href="https://im-docs.celer.network/" rel="noopener noreferrer nofollow">Celer’s Inter-chain Messaging Framework</a>, a generic message passing protocol, to seamlessly enable developers to build dApps with cross-chain application logics on Sui. This will enable dApps to not only create smooth cross-chain UXs between Sui and various external blockchains, but lays down the foundation to support NFT bridges, the ability to purchase and bid on NFTs across different chains, and cross-chain reward claiming. All of these and more are not only possible to accomplish with Celer IM, but can be offered to users as a single-click, single-transaction UX.Stay tuned for more exciting updates as Celer continues to expand our interoperability efforts and support additional tokens and chains. The possibilities are endless, and we invite you to join us as Celer helps shape the future of decentralized finance and interchain connectivity.<h2 id="header-0">About Sui</h2>Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Based on the Move programming language, its object-centric model enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.<h2 id="header-1">About Celer Network</h2>Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.Follow Celer Network:<a href="https://www.celer.network/?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow">Website</a> |<a href="https://t.me/celernetwork?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow"> Telegram</a> |<a href="https://twitter.com/CelerNetwork?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://github.com/celer-network?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow"> Github</a> |<a href="https://discord.gg/Trhab5w?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow"> Discord</a> |Are you interested in working with or integrating Celer’s tech? <a href="https://form.typeform.com/to/LsetjLjC" rel="noopener noreferrer nofollow">Let us know</a>! We are always interested in exploring new projects and opportunities!

Celer Announces cBridge Bridging Support for Sui

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CelerNetwork

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