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"Note that we are selecting codebases and sub-components here, so we feel it is less useful to directly compare metrics like TVL, transaction count, users, except as indicators of what a closer collaboration and/or shared bridge between the two ecosystems could look like in future," cLabs wrote. "This exercise is
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BLOCKCHAIN BAKE-OFF! In July, when the smart-contracts blockchain Celo proposed to ditch its independent “layer-1” status in favor of becoming a layer 2 network atop Ethereum, the people behind the project may have had little inkling of just how popular they would become. Now there’s suddenly a burst of competition
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Celo, a blockchain platform, is exploring migrating from its standalone blockchain to an Ethereum (ETH) Layer-2 (L2) network. Originally, Celo had planned
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Celo’s inclusion with Opera’s MiniPay wallet augurs well for Africa’s expanding digital finance sector. Opera, the well-known web services provider, has announced intentions to integrate a non-custodial stablecoin wallet built on the Celo blockchain into its mobile web browser. This product, dubbed “MiniPay”, is intended to empower Opera’s enormous user base across the
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“At Google Cloud, we’re focused on strengthening the Web3 ecosystem by offering founders and developers the tools they need to scale their applications,” Carlos Arena, director of digital assets at Google Cloud, said. “Running a validator on the Celo network builds on our collaboration with the Celo Foundation, and we
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Celo said in the proposal that the benefits of the move will include “further Ethereum alignment and EVM compatibility, a stronger security assurances than Celo provides individually and a trustless bridge to Ethereum, simplifying liquidity sharing between Celo and Ethereum.” Source
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The existential change could simplify liquidity sharing between Celo and Ethereum while boosting security and facilitating a seamless developer experience, according to the post. Celo already runs the Ethereum Virtual Machine, which means it supports smart contracts in a language similar to what Ethereum developers use to write code. Source
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CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celo's governance forum, the transition would include leveraging OP Stack as the architecture to become
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In April, Celo joined Chainlink Scale to access the data provider’s oracle services at a low cost. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Animoca Brands, a company responsible for advancing digital property rights for gaming and the metaverse, has announced its partnership with Celo, a carbon-negative blockchain ecosystem. By joining the Celo ecosystem, Animoca Brands aims to expand web3 gaming
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