Celo Blockchain announces that it is transitioning from Layer-1 to the Ethereum Layer-2 blockchain.
Some of the advantages include a material change in gas fee as well as enhanced compatibility.
The organization responsible for building the Celo blockchain, CLabs, has disclosed its decision to return to the Ethereum ecosystem. This means it would move from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.
According to the report, a proposal discussion on Celo’s governance forum mentioned that in a bid to become an Ethereum L2 blockchain, the transition would leverage OP Stack as the architecture to remove the need for tooling monitoring as well as libraries composability via upgrades. This move would make it “easy for Celo developers to utilize the full gambit of Ethereum tooling/libraries.
It is important to note that Layer-1 and Layer-2 blockchains are quite different in design, architecture, and purpose. layer-1 blockchains are designed to be se
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