Celo developer cLabs proposes using OP Stack to launch Ethereum Layer 2 chain
cLabs, the core developer of the Celo blockchain, has proposed developing its Layer 2 chain using the OP Stack. After evaluating various scaling technologies over an eight-month period, the firm chose OP Stack for development.
The move to migrate Celo from its current Layer 1 network to an Ethereum Layer 2 was confirmed after receiving community approval through a governance vote last July, marking a big change in the project’s evolution.
The team has now decided to develop its Layer 2 on the OP Stack, the primary toolkit for developing chains within the Optimism ecosystem. This followed an eight-month period of evaluation and testing of various scaling technologies and software packages, including Arbitrum Orbit , zkSync’s ZK Stack, and Polygon CDK .
OP Labs, the core contributor of the Optimism ecosystem, offers a development software stack known as the OP Stack, which enables developers to launch their own Layer 2 blockchains.
The firm plans the deployment of a testnet for the Celo Layer 2 in the summer of 2024, after another round of community voting.
The migration to the Optimism ecosystem will be a step towards integrating Celo into Optimism’s Superchain ecosystem that includes OP Mainnet, Base , Zora, Mode, and others. Worldcoin, the digital identity network founded by OpenAI’s Sam Altman, is also developing a Layer 2 network on the OP Stack.
OP Mainnet and other chains in the Optimism ecosystem use a scaling solution called optimistic rollups for operation. This technology aggregates Ethereum transactions on a secondary off-chain layer and allows for cheaper transaction processing to address scalability concerns on Ethereum.
cLabs stated in its proposal that Celo’s migration to OP Stack-based Layer 2 will focus on maintaining the network's distinctive features while improving its performance. Proposed improvements will include a reduction in block time from 5 seconds to 2 seconds and a 50% increase in throughput.
Celo is an Ethereum Virtual Machine-compatible blockchain that raised $30 million in 2019 from prominent venture firms like a16z and Polychain Capital. It closed another $20 million round in 2021. The network hosts a variety of applications, from popular Ethereum-based dApps like Uniswap and Sushiswap to native projects such as Valora , Mento, and UbeSwap.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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