The Evolution of Celo: From Layer 1 to Layer 2
This timeline highlights the key milestones in Celo’s development, from its launch as a Layer 1 blockchain to its transition to an Ethereum Layer 2 solution.Celo’s Journey from L1 to L2
Watch this video to learn about Celo’s transition from Layer 1 to Layer 2, exploring the reasons behind this strategic move and what it means for the future of the ecosystem:Timeline of Celo’s Journey
The Gingerbread hardfork is implemented to prepare for Celo L2 with a focus on improving Celo’s compatibility with Ethereum by streamlining code and introducing Ultragreen MoneyUltragreen Money, on-chain carbon offsetting through transaction fees, enhancing both performance and sustainability.
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Ethereum debuts as a Proof-of-Work blockchain, introducing smart contracts but facing high fees and energy consumption.