Celo Foundation: cLabs Introduces Dango, a New Layer-2 Testnet for Celo
The
Celo
Foundation
has
announced
the
successful
launch
of
the
Layer-2
testnet,
Dango,
developed
by
core
contributor
cLabs.
This
development
marks
a
significant
milestone
in
the
evolution
of
the
Celo
blockchain
ecosystem,
according
to
Celo
Foundation.
Transition
to
Layer-2
Originally
proposed
during
EthCC
2023,
the
transition
to
Dango
involves
forking
the
Alfajores
testnet.
This
move
allows
ecosystem
developers
to
begin
migrating
their
projects
to
the
new
Layer-2
blockchain,
which
is
designed
for
fast,
low-cost
payments
globally.
The
migration
ensures
that
all
historical
data,
including
smart
contracts,
accounts,
and
balances
from
Alfajores,
are
preserved
and
carried
over.
Technical
Specifications
Dango
is
built
upon
Optimism’s
OP
Stack,
a
modular
and
open-source
framework
for
scalable
and
interoperable
blockchains.
This
architecture
supports
the
Optimism
Superchain
and
incorporates
EigenDA
as
an
alternative
data
availability
layer
to
maintain
sub-cent
transaction
fees.
The
testnet
aims
to
improve
on
several
core
aspects
of
Celo’s
Layer-1
(L1)
blockchain,
including:
-
Bridging
of
WETH
and
ERC-20
tokens
between
Ethereum
and
Celo -
Decreasing
block
time
from
5
seconds
to
2
seconds,
increasing
total
throughput
by
50% -
Maintaining
1-block
finality -
CELO
token
duality,
allowing
interaction
natively
or
via
the
ERC20
interface -
Fee
Abstraction,
supporting
multiple
ERC-20
tokens
as
gas
currencies,
including
USDT
and
USDC -
Sending
money
to
a
phone
number,
email
address,
or
other
social
identifiers
via
SocialConnect -
Maintaining
low
gas
fees
for
greater
accessibility
and
adoption -
Higher
security
bridging
to
Ethereum
for
asset
transfers -
Continuing
Celo’s
commitment
to
Ultragreen
Money
Future
Outlook
The
successful
launch
of
Dango
enables
infrastructure
providers
to
upgrade
to
the
latest
Layer-2
node
code.
Once
all
key
infrastructure
providers
have
updated,
the
Alfajores
testnet
will
be
upgraded
without
creating
a
new
fork,
allowing
developers
to
test
their
end-user
dApps.
The
cLabs
team
anticipates
that
the
migration
will
culminate
in
the
launch
of
the
Celo
Layer-2
mainnet
by
early
winter
2024.
Community
and
Support
The
launch
follows
the
Eigen
Foundation’s
strategic
grant
to
the
Celo
community
and
subsequent
community
support
for
cLabs’
governance
proposal.
The
community’s
involvement
has
been
crucial
in
shaping
the
testnet’s
development
and
ensuring
its
alignment
with
the
ecosystem’s
needs.
About
Celo
Celo
is
an
emerging
Ethereum
Layer-2
and
mobile-first
blockchain
network
built
for
real-world
applications,
focusing
on
fast,
low-cost
payments.
The
ecosystem
includes
a
decentralized
proof-of-stake
blockchain,
the
CELO
native
token,
and
several
Mento
stable
assets
like
cUSD,
cEUR,
and
cREAL.
Launched
on
Earth
Day
in
2020,
Celo
supports
a
diverse
range
of
projects
aimed
at
achieving
global
prosperity.
Image
source:
Shutterstock
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