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cLabs, the lead developer of the Celo blockchain, has announced plans to transition its network to an ethereum Layer 2 solution using the OP Stack.
The decision to adopt OP Stack, a key development platform within the Optimism ecosystem, came after community support in a governance vote last July and an extensive eight-month review of several scaling solutions, including Arbitrum Orbit, zkSync's ZK Stack, and Polygon CDK.
OP Labs, a contributor to the Optimism ecosystem, provides the OP Stack to help developers create custom Layer 2 blockchains.
Celo's migration to the Optimism ecosystem aims to integrate it into the Superchain network, including chains such as OP Mainnet and Base, improving scalability and performance.
The adoption of optimistic rollups within this ecosystem aims to facilitate more efficient processing of ethereum transactions, addressing scalability issues by compiling transactions on a secondary layer.
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Proposed improvements to Celo include reducing blocking times from five seconds to two and increasing performance by 50%. A testnet for Celo Layer 2 is planned to launch in summer 2024, pending further community approval.
The adoption marks a major transition for Celo (CELO), initially launched as a Layer 1 blockchain compatible with the ethereum Virtual Machine.
The network, which raised $30 million in funding from major investors like a16z and Polychain Capital in 2019 and an additional $20 million in 2021, supports a variety of applications, ranging from established ethereum dApps like Uniswap and Sushiswap to native projects. of Zeal as Value. and UbeSwap.
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