Celes Network (CELR) Mainnet Upgrade: ‘Lemongrass’ Enhances Interoperability

IconCryptoNewsTerminal Staff18 Sep, 2024

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Celes Network (CELR) Mainnet Upgrade: ‘Lemongrass’ Enhances Interoperability

Celes Network (CELR) has successfully deployed its mainnet upgrade, codenamed "Lemongrass." This significant enhancement introduces three key features: Interchain Accounts, Packet Forward Middleware, and the CIP-10 mechanism. Celes Network, a modular blockchain platform, aims to enhance interoperability and scalability in the blockchain ecosystem. Interchain Accounts facilitate seamless asset transfers and communication between different blockchains, enabling cross-chain transactions. The Packet Forward Middleware optimizes data routing, reducing latency and enhancing efficiency. Furthermore, the CIP-10 mechanism streamlines governance by enabling token holders to actively participate in decision-making. The "Lemongrass" upgrade marks a significant milestone for Celes Network, solidifying its position as a leading player in blockchain interoperability. This upgrade empowers developers to create more innovative and interconnected decentralized applications.