CryptoMediaClub
Saturday, July 5, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Polygon Labs Pitches Plan to Streamline Celo’s Move to Ethereum Layer 2 Using CDK

25.09.2023
A A
0
123
VIEWS
ShareShare

Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network.

The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s OP Stack. OP Stack is a similar customizable toolkit that leverages Optimism’s “optimistic” technology.

Move to Ethereum Layer-2 Via Polygon CDK

Polygon Labs’ co-founder Sandeep Nailwal presented a proposal to the Celo community this week recommending that the blockchain ecosystem consider implementing Polygon’s Chain Development Kit, which is a codebase enabling developers to build customized layer-2 chains leveraging zero-knowledge (ZK) technology.

The proposal on the Celo governance forum stated,

“Polygon Labs is excited to welcome Celo home to Ethereum in the chain’s transition from an independent EVM-compatible L1 to an Ethereum L2. As Ethereum devotees obsessed with scaling, we are beyond excited to see Celo expand into an emerging and thriving Ethereum ecosystem and help extend Ethereum blockspace.”

Nailwal explained that this shift would enable Celo to fully leverage the benefits of operating as an Ethereum layer-2 solution while preserving the fundamental traits that initially propelled the chain to success.

The exec further emphasized that the transition represents a significant technical enhancement, “that should come with built-in Ethereum alignment and as-close-as-possible developer experience, without compromising security.”

Polygon CDK

The Polygon CDK toolkit was released in August, designed to allow developers to build blockchain networks with the help of ZK proofs. This open-source codebase offers developers the ability to interconnect chains through a ZK-based bridge, creating a unified ecosystem referred to as the “Value Layer.”

Subsequently, Cosmos-based layer-1 blockchain, Canto, announced migrating to a zero-knowledge layer-2 on Ethereum via Polygin CDK. The platform explained that this transition is in line with its objectives to build a blockchain dedicated to real-world assets(RWA).

Besides Canto, pther projects such as Astar, Gnosis, and IDEX, have already announced plans to build ZK layer-2 solutions utilizing the toolkit.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan
All news

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

05.07.2025
0

Conor Grogan, head of product at Coinbase, has raised alarms over a potential security breach involving $8.6 billion worth of...

Read moreDetails
XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

05.07.2025
Ethereum Price Prediction: ETH Gains 4% This Week, Yet Golden Cross Flops – Is $3,000 Out of Reach?

Ethereum Price Prediction: ETH Gains 4% This Week, Yet Golden Cross Flops – Is $3,000 Out of Reach?

05.07.2025
Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

05.07.2025
Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

05.07.2025
Load More
Next Post
From walls to wallets: Barcelona graffiti artists share their love for Bitcoin

From walls to wallets: Barcelona graffiti artists share their love for Bitcoin

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site

2 years ago
Coinbase’s Base network gets OpenZeppelin security integration

Coinbase’s Base network gets OpenZeppelin security integration

2 years ago
Brazil’s Electoral Court docket Expenses Candidate With Failing to Declare BTC Holdings

Brazil’s Electoral Court docket Expenses Candidate With Failing to Declare BTC Holdings

4 months ago
Ripple Bounces Back Strong, Major Exchanges Like Coinbase, Gemini Relist XRP

Ripple Bounces Back Strong, Major Exchanges Like Coinbase, Gemini Relist XRP

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

Trending

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan
All news

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

05.07.2025
0

Conor Grogan, head of product at Coinbase, has raised alarms over a potential security breach involving $8.6...

XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

05.07.2025
Ethereum Price Prediction: ETH Gains 4% This Week, Yet Golden Cross Flops – Is $3,000 Out of Reach?

Ethereum Price Prediction: ETH Gains 4% This Week, Yet Golden Cross Flops – Is $3,000 Out of Reach?

05.07.2025
Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

Glassnode’s James Check Warns Bitcoin Treasury Boom Could Be Short-Lived

05.07.2025
Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

05.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz