Bitcoin
Bitcoin (BTC)
$98,017.00 3.55768
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.41 8.46903
Ethereum price
BNB
BNB (BNB)
$621.14 1.96853
BNB price
Solana
Solana (SOL)
$254.85 8.35535
Solana price
XRP
XRP (XRP)
$1.18 7.98971
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000245 2.564
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000207 9.94545
Pepe price
Bonk
Bonk (BONK)
$0.0000516 2.8479
Bonk price
dogwifhat
dogwifhat (WIF)
$3.24 4.40541
dogwifhat price
Popcat
Popcat (POPCAT)
$1.57 2.17382
Popcat price
Bitcoin
Bitcoin (BTC)
$98,017.00 3.55768
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.41 8.46903
Ethereum price
BNB
BNB (BNB)
$621.14 1.96853
BNB price
Solana
Solana (SOL)
$254.85 8.35535
Solana price
XRP
XRP (XRP)
$1.18 7.98971
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000245 2.564
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000207 9.94545
Pepe price
Bonk
Bonk (BONK)
$0.0000516 2.8479
Bonk price
dogwifhat
dogwifhat (WIF)
$3.24 4.40541
dogwifhat price
Popcat
Popcat (POPCAT)
$1.57 2.17382
Popcat price
Bitcoin
Bitcoin (BTC)
$98,017.00 3.55768
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.41 8.46903
Ethereum price
BNB
BNB (BNB)
$621.14 1.96853
BNB price
Solana
Solana (SOL)
$254.85 8.35535
Solana price
XRP
XRP (XRP)
$1.18 7.98971
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000245 2.564
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000207 9.94545
Pepe price
Bonk
Bonk (BONK)
$0.0000516 2.8479
Bonk price
dogwifhat
dogwifhat (WIF)
$3.24 4.40541
dogwifhat price
Popcat
Popcat (POPCAT)
$1.57 2.17382
Popcat price
Bitcoin
Bitcoin (BTC)
$98,017.00 3.55768
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.41 8.46903
Ethereum price
BNB
BNB (BNB)
$621.14 1.96853
BNB price
Solana
Solana (SOL)
$254.85 8.35535
Solana price
XRP
XRP (XRP)
$1.18 7.98971
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000245 2.564
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000207 9.94545
Pepe price
Bonk
Bonk (BONK)
$0.0000516 2.8479
Bonk price
dogwifhat
dogwifhat (WIF)
$3.24 4.40541
dogwifhat price
Popcat
Popcat (POPCAT)
$1.57 2.17382
Popcat price

Polygon Labs suggests assisting Celo’s transition to Ethereum layer 2 using CDK

polygon-labs-suggests-assisting-celos-transition-to-ethereum-layer-2-using-cdk
Edited by
News
Polygon Labs suggests assisting Celo’s transition to Ethereum layer 2 using CDK

Polygon Labs has suggested that the Celo blockchain community utilize its Chain Development Kit (CDK) for their upcoming Layer 2 transition on Ethereum.

This proposal surfaces after Celo’s core team, cLabs, revealed an alternative idea involving a transition from Layer 1 to an Ethereum-based Layer 2 using software from OP Labs named OP Stack.

Sandeep Nailwal, Polygon’s co-founder, voiced his proposal on Celo’s governance forum, stating, “We propose the Celo Ecosystem to employ the Polygon CDK for its L2 migration. The CDK is an open-source toolset that facilitates developers in constructing ZK-powered L2s for Ethereum. Its beauty lies in the ease with which it allows L1s to transition to Ethereum L2s, coupled with an emphasis on modularity.”

Polygon’s CDK, a product of Polygon Labs, is rooted in open-source principles. It’s tailored for the creation of Layer 2s, which utilize zero-knowledge rollup technology, inheriting Ethereum’s robust security via ZK proofs.

This innovative software kit hasn’t gone unnoticed. Established blockchain enterprises like Canto, Astar, Immutable, IDEX, and Palm Network have already expressed their keen interest, collaborating with Polygon Labs for their Ethereum(ETH) Layer 2 migration needs.

As discussions ensue, Rene Reinsberg, Celo’s co-founder, indicated that cLabs is keen on involving the wider community in their deliberation process, ensuring a transparent and communal decision-making process.

However, the Layer 2 migration scene is bustling with activity and options. Numerous teams are exploring transitions to the Ethereum Layer 2 ecosystem, with many having a range of software tools at their disposal, courtesy of prolific teams like Polygon, Optimism(OP), and Arbitrum(ARB).

A captivating dynamic is observed with Polygon’s CDK and OP Stack from Optimism Labs. While various entities, including Base and Zora, have embraced OP Stack’s optimistic rollups for Layer 2 designs, Polygon’s CDK remains a compelling alternative, accentuating the potential of zero-knowledge rollups.