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

When To Move Stablecoin Yield Position: Migration Calculator

October 29, 2026

Multiple DeFi Positions Disappeared Tracking Protocol

October 1, 2026

Which LST Should You Hold?

September 3, 2026
Add A Comment

Comments are closed.

Recent Posts

TokenInsight Q3 Report -MEXC Ranks No. 2 in Commodity Perpetuals with 17.43% Market Share

November 2, 2026

Tria Launches Agentic Trading, Allowing AI Agents to Execute Crypto Trades Without Giving Up Control of Funds

October 30, 2026

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026

Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

October 29, 2026

Ondo Intelligent Portfolios Lineup Expands to Solana

October 29, 2026

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

October 29, 2026

When To Move Stablecoin Yield Position: Migration Calculator

October 29, 2026

Bybit’s WSOT Is Coming Back With a Prize Pool of Up to 10 Million USDT

October 28, 2026

Immersive World Betting is coming for casinos. This game from Joy Studios and Cloudbet proves it.

October 28, 2026

PrimeXBT Brings Tesla, SpaceX, NVIDIA and More to Crypto Futures with New Tokenised Stocks

October 27, 2026

Mirae Asset Securities and Grvt Collaborate on Tokenised Funding Note Issuance

October 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

TokenInsight Q3 Report -MEXC Ranks No. 2 in Commodity Perpetuals with 17.43% Market Share

November 2, 2026

Tria Launches Agentic Trading, Allowing AI Agents to Execute Crypto Trades Without Giving Up Control of Funds

October 30, 2026

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026
Most Popular

4 Investment opportunity to make you rich

March 18, 2025

Can I recover my password from bitcoin.core other than guessing?

March 13, 2024

Did Ether Leeum price drop to $ 1,550 on the ground?

April 5, 2025
  • 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.