Celo blockchain proposes return to Ethereum ecosystem, transition to L2

According to a proposal conversation on Celos governance forum, the transition would include leveraging OP Stack as the architecture to end up being an Ethereum L2 blockchain, getting rid of the need to monitor tooling and libraries composability through upgrades, hence “making it easy for Celo designers to use the complete gambit of Ethereum tooling/libraries. As per the online forum discussion, it could potentially allow more liquidity to stream between Celo and other chains, however likewise create additional expenses for sequencers, such as costs on the data schedule layer and gas on Ethereum. The Celo environment is also targeting establishing economies, where more technological solutions for payments are in demand.Collect this post as an NFT to maintain this moment in history and show your support for independent journalism in the crypto space.Magazine: Heres how Ethereums ZK-rollups can end up being interoperable