cLabs just lately introduced selecting Optimism for its transition to L2. Each cLabs and Optmisim have confirmed their on-line collaboration.
In line with Optimism’s newest tweet, Celo will migrate to Layer 2 to construct on the OP Stack. By growing on the OP Stack, Celo L2 can obtain the next:
- Lower block time with higher throughput
- Preserve 1-block finality
- Keep on monitor for the Ultragreen Cash course
- Hold ERC-20 tokens for gasoline forex
- Hold core options to ship cash via electronic mail, cellphone numbers, and so on.
Celo additionally talked in regards to the collaboration through its official X account. The community celebrated its 4 years of Celo Mainnet and introduced that it was time for CEL2. On Earth Day in 2020, the community launched the Celo mainnet.
The community is switching to Ethereum Layer 2 with Optimism to mark the event. The group voting session resulted in a unanimous choice in favor of the swap. The group has been evaluating and testing Arbitrum Orbit, OP Stack, ZK Stack, and Polygon CDK.
The builders have additionally built-in the Gingerbread Hardfork to make preparations for the L2 transition. The crew thought-about a wide range of components, together with time and manufacturing, in addition to Ethereum alignment.
In the long run, they determined that constructing with OP Stack facilitates a transparent path to deploy Layer 2 with out compromising the Celo group’s wants. Celo can relaxation assured about its future, as they’ve examined the community with chains in stack compatibility and manufacturing.
In addition to the aforementioned advantages, the collaboration will even unlock technical advantages, reminiscent of:
- A dip in block time from 5 seconds to 2 seconds
- A 50% hike in throughput
- An added layer of safety whereas bridging to Ethereum
Furthermore, Celo is celebrating the 4th anniversary all through the week. Customers can now mint a free, unique CEL2 NFT on the Celosphere market. With extra quests and drops on the best way, the community is attracting a wave of latest customers.
