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HomeInvestmentCelo blockchain proposes return to Ethereum ecosystem, transition to L2 By Cointelegraph

Celo blockchain proposes return to Ethereum ecosystem, transition to L2 By Cointelegraph


© Reuters.

CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.

According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain, eliminating the need to monitor tooling and libraries composability through upgrades, thus “making it easy for Celo developers to utilize the full gambit of Ethereum tooling/libraries.”

cLabs proposed upgrade. Source: Celo’s governance forum.