cLabs, the core developer behind the Celo blockchain, has proposed migrating from Layer 1 to Layer 2 solution on Ethereum to improve security guarantees.
cLabs, the core developer behind the Celo blockchain, has proposed migrating its network from a Layer 1 to a Layer 2 built on Ethereum.
The company plans to leverage the OP Stack offered by Optimism to facilitate the transition and build its chain’s requirements.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.cLabs, the core developer behind the Celo blockchain, has put forward a plan to transition its Layer 1 network into a Layer 2 solution built on Ethereum — a radical move that could result in improved security guarantees.
The proposal, posted on the project’s governance forum, states that the future version of Celo will be based on a Layer 2 rollup model — publishing security proofs to the Ethereum mainnet in order to maintain security. “Celo would inherit Ethereum’s security ,” the cLabs teamThe team hopes to use the OP Stack, a modular tooling offered by Optimism, to facilitate this transition and custom-build its chain’s requirements.
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