Today, we are excited to announce the launch of Celer Network’s layer-2 state channel mainnet upgrade, Lyra, on Ethereum. We are also thrilled to announce that we have open-sourced this battle-tested state channel network’s full node code. The software is highly optimized and production-grade: it requires less than 10MB minimal memory and can support 1,000 clients on one t2.micro instance with 1CPU, 1G memory ($61 to run a whole year).
This marks the world’s first multi-hop-networked state channel open-source release. With this launch, Celer enters a new era by expanding its network, enabling global node operators and application developers to build a wide range of use cases.