- cLabs plans to carry Celo again to the Ethereum community.
- The finance firm is looking for suggestions from the Cello group on the proposed transition.
- Celo will use the OP Stack to develop into an Ethereum Layer 2 protocol.
Celo, a carbon-negative, permissionless, Layer 1 blockchain for constructing revolutionary Web3 dapps, is returning to the Ethereum community. CLabs, the finance firm behind Celo, has launched a proposal on the matter, inviting the Cello group to offer suggestions and debate on the subject.
In line with the proposal, cLabs plans to carry Celo again to Ethereum by “migrating from an impartial EVM-compatible Layer 1 blockchain to Ethereum Layer 2.” Transferring to Ethereum, Celo will use the OP Stack to develop into an Ethereum Layer 2 protocol.
The cLabs crew defined that the transition will make important variations. It mentions differentiators similar to a decentralized sequencer powered by an present Celo validation suite working on Byzantine fault tolerance consensus. She additionally famous that the transition will allow an off-chain knowledge availability layer powered by EigenLayer and EigenDA. Ethereum node operators will use a reachability layer that will likely be secured by transferred ETH.
In line with cLabs, EigenDA is an early adopter of a danksharding design on Ethereum and can enable Celo to maintain charges low. The transition may even introduce a design that maintains the completeness of the Celo 1 block.
cLabs defined to the Celo group that the method of transitioning from EVM-compatible L1 to Ethereum L2 can be a technical improve that might not have an effect on the mission of the Celo ecosystem to create situations of prosperity for all. She famous that the proposed change would enable the Celo ecosystem to proceed fostering a financially inclusive group and open growth within the spirit of Web3. It would additionally help the introduction of real-world use instances into the Ethereum ecosystem.
cLabs has communicated to the Cello group a few of the advantages of the proposed migration. These embrace additional Ethereum tuning and compatibility with EVMs to advertise a seamless developer expertise. It would additionally strengthen safety ensures past what Celo gives by itself, and a dependable bridge to Ethereum that may simplify the sharing of liquidity between Celo and Ethereum.
