Celo Transitions to Ethereum Layer 2 for Enhanced Performance
- Celo has transitioned from a standalone layer 1 blockchain to an Ethereum layer 2 platform.
- The migration was finalized on March 26 at block height 31056500.
- The upgrade uses Optimism’s OP Stack and EigenDA for data availability.
- Block times have improved fivefold, decreasing from 5 seconds to 1 second.
- Native bridging with Ethereum has been implemented, enhancing security.
Celo’s transition to an Ethereum layer 2 platform enhances its technical capabilities and interoperability. The migration, completed on March 26, improves block times and integrates native bridging with Ethereum for better security and performance.
Source (2.6)https://cryptobriefing.com/celo-ethereum-l2-upgrade/?rand=59535