Celo Completes Transition to Ethereum Layer-2 After Two-Year Journey
Celo has made a pivotal shift from its original position as a standalone layer-1 blockchain network. The project has officially transitioned to an Ethereum layer-2 solution. This development marks a significant milestone in Celo’s evolution and showcases its commitment to enhancing scalability and user experience on the blockchain. With improved infrastructure, Celo aims to empower decentralized finance applications and provide seamless services to users. This transition enhances the platform’s potential to compete in the rapidly growing blockchain ecosystem.