Celer Network 'Light Up the World' Campaign - DropsEarn
Home Ended Celer Network 'Light Up the World' Campaign
Celer Network 'Light Up the World' Campaign

Celer Network 'Light Up the World' Campaign

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Reward pool

$20,000

USD

Expected profit

from $10

USD

Max participants

No limit

DropsEarn score

Neutral

Normal, Medium Risks


Details

What is Celer layer-2 scaling platform?

Celer Network is a leading layer-2 blockchain scaling platform that enables fast, secure and private off-chain transactions for crypto payments and smart contract executions.


System Architecture

Figure above depicts the high-level architecture of Celer state channel network. Below we give a brief summary of the three key components in the system: CelerPay, CelerApp, and CelerNode. Please refer to our architecture doc for more details of each module.


CelerNodes are the endpoints that run the state channel protocol of CelerPay and CelerApps. A node can join the state channel network by setting up a CelerPay channel with another node in the network. Once the CelerNode joins the network, it can send off-chain payments to any other nodes in the network. There will be two types of CelerNodes (running the same protocol) with different goals and characteristics:

  • Off-chain Service Provider (OSP) is always online to relay payments for their peers. An OSP usually has more capital reserve to open CelerPay channels with many peers, and strong technical capability to maintain a highly available and reliable service. The goal of this campaign is to grow the OSP network.
  • Client uses the state channel services. A client only needs to open a CelerPay channel with an OSP to become a leaf of the network. It can have as many virtual CelerApp channels with any other nodes, while all payments of the same token type will go through the same CelerPay channel with its OSP. 

 


What are the rules of the campaign?

Stage 1:

We are rewarding $100 to the first node in a country that meets the following requirements (tracked automatically by our OSP explorer tools):

  • Have at least 2 cross-country channels.
  • Deposit at least 0.3 ETH into each channel.
  • Stay online for at least 27 days in a 30-day period. 

We would like to highlight that even if you see a node already exists in your country, you should definitely still spin up a node because the 27-day stay-online requirement may disqualify the nodes ahead of you! 

The end date for starting up a node and qualifying for this campaign is August 10th! 


Stage 2:

We received multiple requests from our community to open up more regions and states for CelerNodes. To accommodate our community members, we are rewarding $10 for all successful CelerNodes that meets the following requirements:

  • Deposit at least 0.2 ETH into each channel.
  • Stay online for at least 15 days in a 30-day period. 

We will have more activities and rewards for states/regions and country competition in our later stage of the campaign. Stage 2 will run concurrently with Stage 1. In the coming days and weeks, we will announce more specific area expansion on our Twitter and our Telegram channels (mainannouncementOSP support). Please follow us to keep updated. So definitely stay tuned!


How to join and where to ask questions?

For instructions on how to sign up a Celer Node and join the state channel network, please refer to our open-source GitHub repo. Our team is standing by to help you set up your first Celer state channel node and join the exciting global layer-2 scaling efforts. For questions and support, please join our support Telegram group and ask questions or open new issues in our open source repo!

 

About

To hyperboost the Celer Network expansion, we are super excited to announce the “Light Up the World With Celer” campaign – another big milestone to grow the Celer layer-2 blockchain community! Be the first to run a Celer State Channel Node in your country and get rewarded! Let’s connect the world together with Celer’s layer-2 scaling technology and help Ethereum scale.

Activity Type

Competition

Testing

Contest

Nodes

Date

10 Jul 2020 06:00(UTC+3) - 10 Aug 2020 12:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)