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Celo Mainnet migration to Ethereum Layer 2 has been launched, block production is paused.

2025-03-26 04:56:47

CELO-5.58%

ETH0.56%

BOT0.95%

AAVE0.56%

According to the Gate.io News bot and TheBlock report, the Celo Mainnet has begun executing its migration plan from Layer 1 to Ethereum Layer 2, and block production is currently paused. Once the migration is complete, Celo will operate on the Ethereum Layer 2 level, featuring native Ethereum cross-chain bridging capabilities, with block time optimized from 5 seconds to 1 second. Celo announced its first batch of partners, including institutions such as Aave, Fireblocks, Uniswap, and Yellowcard. Under the new architecture, the role of existing Celo validators will shift to decentralized sorters, maintaining single block finality.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Comment

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GateUser-ff4d63fd

· 2025-03-26 04:58

Great, cool, fine.

Reply0