cLabs Launches Dango, Celo L2 Testnet Built on OP Stack
According to official sources, the Celo Foundation has announced the launch of the Celo L2 testnet Dango. This is a key step by core contributor cLabs to introduce an EVM-compatible independent blockchain to Ethereum. The plan was first proposed during EthCC 2023 and aims to fork the Alfajores test network to Dango, allowing ecosystem developers to begin transitioning their projects to the latest iteration of a blockchain built for the real world and designed for fast, low-cost global payments. With today's launch of Dango, all historical data from Alfajores, including smart contracts, accounts, and balances, will be preserved and transferred. This testnet is built on Optimism's OP Stack and uses EigenDA as an alternative data availability layer to maintain low transaction fees, with strategic funding from the Eigen Foundation to the Celo community and support from the community for cLabs' subsequent governance proposals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This Hedge Fund Plans to Raise $500M for AI and Blockchain Investments
Morgan Creek is looking for technology that overlaps sectors, such as high-performance chips that can be used to mine Bitcoin or train AI models.
Funding Wrap: Partior raises $60M to support ‘international network growth’
This week’s biggest funding round saw Jump Trading, JPMorgan contribute to the round
Judge grants Tornado Cash dev Roman Storm's request to delay trial over prosecutors' objections
A judge in Tornado Cash developer Roman Storm’s case granted a three-month delay of his upcoming trial over the objections of the prosecution.Each side also presented oral arguments at a recent hearing that could preview arguments made in the case, according to a report from The Rage.
