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cLabs CTO: Celo plans to “return” to Ethereum

cLabs CTO: Celo plans to “return” to Ethereum

CointimeCointime2023/11/14 17:30
By:Cointime

Marek Olszewski, co-founder of Celo and Chief Technology Officer of cLabs, stated that the development of Layer 2 solutions will allow Celo to reintegrate into the Ethereum ecosystem. Celo was born with the vision of building an easy-to-use mobile wallet on Ethereum and has developed into a layer 1 blockchain compatible with the EVM and focused on scalability in 2020. Olszewski stated that developers requested the construction of a scalable EVM chain as a layer 1 launch, but with Ethereum's scalability roadmap now in place through rollups, Olszewski believes this is a good time for Celo to "return" and continue its mission as part of a larger Ethereum expansion plan. Olszewski stated that while cLabs' initial proposal attempted to utilize the OP Stack, the community has not yet decided which stack to adopt, and is still studying and evaluating many proposals from various projects including Polygon Labs and Matter Labs. The team will release a framework in the coming weeks to help make the most technically reasonable choice.

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