Celo Partners with Optimism: A Paradigm Shift for Layer 2 Scalability
CLabs Collaboration with Optimism
CLabs, the team behind Celo, has made a strategic decision to collaborate with Optimism, a leading Layer 2 scaling solution provider. This partnership aims to address scalability challenges and bolster the performance of Celo's blockchain network.
Community Engagement and Governance
The proposal to integrate Optimism's OP Stack will undergo extensive community discussions and ultimately a vote by CELO token holders. This process adheres to the transparent governance rules established within the Celo ecosystem.
Enhanced Scalability and Efficiency
By adopting Optimism's technology, Celo is poised to enhance the scalability and efficiency of its blockchain network. This move signifies a significant step towards improving transaction speeds and overall network performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.