Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Will Celo’s Recent Moves Help It Dominate the Layer 2 Segment?
ALTCOIN NEWS

Will Celo’s Recent Moves Help It Dominate the Layer 2 Segment?

By Crypto FlexsJuly 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Will Celo’s Recent Moves Help It Dominate the Layer 2 Segment?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Celo has launched Dango, a layer 2 testnet that signals early steps toward integration with the Ethereum ecosystem.
  • Celo leveraged Optimism’s OP stack to make this plan a reality.

In a major move toward becoming part of the Ethereum (ETH) ecosystem, Celo, a blockchain platform designed specifically for mobile phone users, has launched the Dango Layer 2 testnet. This represents a major step forward in Celo’s plans to integrate with Ethereum.

It takes two to make a dango

The Dango testnet proposed at EthCC 2023 facilitates the migration of developers to a new iteration of the Celo blockchain focused on fast, global transactions. The testnet preserves historical data from Alfajores, including smart contracts, accounts, and balances, ensuring a smooth transition.

Built on Optimism’s OP Stack, Dango combines Celo’s layer 1 security with the scalability and interoperability of the OP Stack framework.

Implemented with support from the Eigen Foundation and community support, EigenDA reduces transaction fees within Dango’s Layer-2 architecture.

This architecture prioritizes low cost and efficiency, increasing transaction speeds by 50% (block processing time reduced from 5 seconds to 2 seconds).

Dango Layer-2 provides features such as seamless bridging of WETH and ERC-20 tokens for transfers between Ethereum and Celo, and single block finality for fast and secure transactions.

It supports CELO token interactions on both native platforms and the ERC-20 standard, providing developers with flexibility. Dango also expands payment options by accepting payments using a variety of ERC-20 tokens, including $USDT and $USDC.

Dango’s SocialConnect feature allows you to send and receive funds using your phone number or email address, simplifying trading for those new to cryptocurrency.

Lower gas fees will help keep Dango’s price down, potentially increasing cryptocurrency adoption worldwide.

What’s next for Dango?

With the launch of the Dango testnet, infrastructure providers have started upgrading their Layer 2 node code.

Once all major vendors implement updates to be compatible with the new design, the Alphahores testnet will undergo the upgrade without requiring a separate blockchain fork.

A streamlined process allows developers to test user applications on upgraded networks without affecting the functionality of real-world applications.

Successfully achieving this important milestone ahead of our target summer 2024 date sets the stage for the Celo Layer-2 mainnet launch scheduled for early winter 2024.

The Celo Foundation and cLabs are committed to driving innovation and empowering the blockchain community to ensure a smooth transition and robust growth for both developers and users.

Previous: Ethereum: Why Whales Failed to Reverse ETH’s Downtrend

Next: Why Notcoin Holders Should Be Careful of NOT’s Recent Rally

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP ‘Millionaire’ Wallets Increase in ‘Encouraging Signal’

January 29, 2026

Solana Mobile Launches SKR Token Airdrop for Seeker Users and Early Developers

January 22, 2026

Meme Coin Frenzy, DeFi Breakout and Best Altcoin Swings

January 15, 2026
Add A Comment

Comments are closed.

Recent Posts

Crypto Veteran Returns With Satirical Cartoon, Privacy App, And Gasless L2

January 29, 2026

Some Have Embraced Hashrate, Daily Returns Quietly Approaching $7777

January 29, 2026

US Senator Submits Amendment to Cryptocurrency Bill

January 29, 2026

XRP ‘Millionaire’ Wallets Increase in ‘Encouraging Signal’

January 29, 2026

Cardano (ADA) rises — signs of recovery emerge

January 28, 2026

QXMP Labs Announces Activation Of RWA Liquidity Architecture And $1.1 Trillion On-Chain Asset Registration

January 28, 2026

Citrea Launches Mainnet – Enabling Bitcoin To Be Used For Lending, Trading, And USD Settlement

January 28, 2026

Russia bans cryptocurrency exchange WhiteBIT due to ties with Ukraine

January 28, 2026

NVIDIA FastGen reduces AI video creation time by 100x with open source library

January 28, 2026

Nexura To Host Invite-Only Web3 Marketing Roundtable At ETHDenver

January 28, 2026

MakinaFi suffered a $4.1 million Ethereum hack amid suspected MEV tactics.

January 27, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Crypto Veteran Returns With Satirical Cartoon, Privacy App, And Gasless L2

January 29, 2026

Some Have Embraced Hashrate, Daily Returns Quietly Approaching $7777

January 29, 2026

US Senator Submits Amendment to Cryptocurrency Bill

January 29, 2026
Most Popular

HEMI starts Mainnet on March 12, and the Bitcoin and Ethereum ecosystems are combined with a single super network

February 25, 2025

SEC CRYPTO Stacking Guidance Victory on Industrial Regulations, approval of Staked ETF

May 31, 2025

HIVE Digital Ends Fiscal Year with 8% Increase in Revenue and $141 Million in Bitcoin

June 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.