Celo has submitted a proposal to migrate to Ethereum L2, a popular Layer 1 solution. The proposal will initiate Celo's transition to a new architecture. Celo is an EVM compatible L1 solution and started to produce L2 solutions using OP Stack architecture. This transition will not affect Celo's ecosystem and will not bring any change for Celo investors. Celo's goal is to use Ethereum to improve security and design an architecture that offers low transaction fees. Celo's porting of its mobile blockchain solutions to Ethereum could provide a competitive advantage. However, there are some objections in the governance forum, as some community members think that low transaction fees may increase and different issues may arise.


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Blackpearlvip
· 2023-07-17 08:58
[strong][strong]
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SAVASvip
· 2023-07-17 05:05
[powerful]
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Nakokradvip
· 2023-07-16 19:45
thnks
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