cLabs, the core developer behind the Celo blockchain, has proposed building the anticipated Ethereum ETH/USD Layer-2 solution on the OP Stack. 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 OP/USD 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.
Read the full story at The Block.
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