2024-11-29 18:07 |
Layer 1 blockchain Celo (CELO) will migrate to layer 2 on 16 January 2025. The move, which has been ongoing for over a year, signals the increasing interest in L2 solutions to fight efficiency and scalability issues. origin »
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Celo unveils Dango, its Layer 2 testnet, marking the initial phase of integration with the Ethereum ecosystem. Celo used Optimism's OP stack to make this plan come to fruition. In a significThe post Will Celo’s latest move help it dominate the Layer 2 sector? appeared first on AMBCrypto.
2024-7-9 11:00 | |
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cLabs, the leading developer of the Celo blockchain, has announced plans to transition its network to an Ethereum Layer 2 solution using the OP Stack.
2024-4-23 17:50 | |
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CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.
2024-4-23 16:00 | |
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The indexing layer is also expanding to Avalanche and Celo.
2024-3-14 19:00 | |
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Leading stablecoin issuer Tether is set to introduce its USDT token on the Celo blockchain, an Ethereum Virtual Machine-compatible platform transitioning to an Ethereum Layer 2 network.
2024-3-12 21:40 | |
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Polygon Labs has suggested that the Celo blockchain community utilize its Chain Development Kit (CDK) for their upcoming Layer 2 transition on Ethereum. This proposal surfaces after Celo’s core team, cLabs, revealed an alternative idea involving a transition from Layer…
2023-9-22 23:12 | |
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The change seeks to simplify liquidity sharing between Celo and Ethereum while boosting security.
2023-7-31 16:41 | |
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Celo, a Layer 1 blockchain, has proposed a transition to become a Layer 2 protocol on Ethereum to improve security, real-world use-cases, and developer experience. Some community members criticized the sudden decision.
2023-7-18 18:45 | |
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Celo, a mobile-first and EVM-compatible blockchain network, has announced a proposal for an upgraded that could see the Layer 1 platform transition into an Ethereum Layer 2 protocol. The proposal by cLabs, the core developer of Celo blockchain, will go through a governance vote and adoption will pave the way for migration from an independent […] The post Celo proposes upgrade to transition network to an Ethereum L2 appeared first on Invezz.
2023-7-17 16:00 | |
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In a recent blog post, a mobile-first proof-of-stake layer 1 blockchain protocol, Celo, has announced a collaboration with Google Cloud, one of the world’s largest and most innovative technology companies.
2023-4-5 02:20 | |
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Strong fundamentals, increasing daily active users and successful layer 2 trials are pushing DeFi tokens to outperform the broader crypto market.
2021-1-27 22:47 | |
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Over $73 million was lost in January across 19 incidents.
Some of the top cryptocurrencies to watch this week will be Mantra, Sui, and Optimism. Why? The cryptocurrency market saw Mantra (OM) reach a new record high Sunday, while Optimism (OP) plans a $53 million token unlock. Sui (SUI), currently…
Binance support for Optimism network upgrade aims to improve performance and user experience. On Jan. 10, 2025, at 2:00 (UTC+8), Binance announced its support for the Optimism (OP) network upgrade and hard fork.
Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct. 24 statement. Ink aims to empower users to trade, borrow, and lend tokens without the need for intermediaries, marking a significant shift from Kraken’s current centralized exchange model.
Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also known as fraud proofs — on Oct. 30, enabling users…
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67. 6% of total activity. Arbitrum follows with 22. 6%, and Optimism holds 9. 7%, according to data from IntoTheBlock.