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OMG Network (OMG) is a Layer-2 scaling solution for the Ethereum blockchain, designed to facilitate faster and more cost-effective transactions. By using a technology called Plasma, OMG Network enables users to transfer assets with minimal fees while maintaining the security and decentralization of the Ethereum network.
Celer Network (CELR) is a layer-2 scaling platform that aims to enhance the performance and usability of decentralized applications (dApps) by providing fast, secure, and low-cost transactions. It utilizes a unique technology called state channels, which allows off-chain transactions to be executed instantly while ensuring the security and integrity of the underlying blockchain.