Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

celo proposes to ditch own standalone blockchain for layer 2 network on ethereum

The existential change could simplify liquidity sharing between Celo and Ethereum while boosting security and facilitating a seamless developer experience, according to the post. Celo already runs the Ethereum Virtual Machine, which means it supports smart contracts in a language similar to what Ethereum developers use to write code.

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