Layer 2s and Scaling: Celo Launches Dango Testnet for Ethereum Integration
Celo Launches Dango Layer 2 Testnet, Aiming to Join Ethereum Ecosystem
In a significant move towards expanding its capabilities and joining the Ethereum ecosystem, Celo, the mobile-first Layer 1 blockchain, has launched its Dango Layer 2 testnet. This development comes after Celo’s decision last July to convert its Layer 1 network into an Ethereum Layer 2 chain.
The Layer 2 network, built using Optimism’s OP Stack, will see Celo join Optimism’s “Superchain” ecosystem alongside other Ethereum Layer 2 networks like Base, Zora, and Mode. This move is expected to make it easier for users to bridge tokens between Ethereum and Celo, with transactions becoming faster and more efficient.
According to Celo’s announcement, users will be able to continue using native USDT and USDC stablecoins for gas costs on the new network. Additionally, there will be a 50% increase in throughput and a decrease in block time from 5 seconds to 2 seconds, enhancing the overall user experience.
Celo core developer and cLabs CTO Marek Olszewski highlighted the importance of aligning with the Ethereum scaling roadmap, stating, “For most EVM-compatible chains, it’s increasingly hard to justify a standalone positioning in a market where the Ethereum scaling roadmap is proving itself.”
The Celo team is aiming for a mainnet launch in “early winter 2024,” marking a significant milestone in the project’s evolution. This move is expected to further solidify Celo’s position within the blockchain ecosystem and enhance its interoperability with other networks.
As Celo continues to make strides towards enhancing its capabilities and expanding its reach, the launch of the Dango Layer 2 testnet represents a key milestone in the project’s journey towards greater scalability and integration with the broader blockchain ecosystem.
