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Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum – CoinDesk
CLabs, the developer behind the Celo blockchain, is proposing to transition from an independent layer-1 blockchain to an Ethereum layer-2 solution. The team announced the proposed move over the weekend in a Twitter thread, saying it followed "months of research and initial discussions with Celo and Ethereum community members." "An indicative on-chain governance proposal (or 'temperature check) will be released for the community to vote on as early as Saturday, July 22," according to the thread
Celo blockchain proposes return to Ethereum ecosystem, transition to L2 – Cointelegraph
CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celos governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain, eliminating the need to monitor tooling and libraries composability through upgrades, thus making it easy for Celo developers to utilize the full gambit of Ethereum tooling/libraries.
‘Carbon-negative’ Celo to ‘return home’ to Ethereum as layer-2 – Blockworks
The primary architect of the Celo blockchain, cLabs, plans to return home as an Ethereum layer-2 network using the Optimism stack. cLabs said the decision had come after months of research and initial discussions with stakeholders, alongside technical development in rollups. The team announced it Saturday during the Ethereum Community Conference in Paris
Ethcon Korea 2023: Ethereum Foundation’s Dev Event to Feature … – FinanceFeeds
Ethereum Developer Conference Ethcon Korea 2023: What to Expect Ethcon Korea 2023 is the premier Ethereum developer conference in South Korea, sponsored by the Ethereum Foundation. It will take place from September 1 to September 3, 2023, at Platz2 (2) in Seoul, a cozy and spacious co-working space in the heart of the city. The event will feature a keynote speech by Vitalik Buterin, co-founder of Ethereum, who will share the latest updates and future plans for the Ethereum project.
Vitalik Buterin shares account abstraction challenges in Ethereum: EthCC – Cointelegraph
While account abstraction is perceived to be a catalyst that could onboard a billion usersto Ethereum, its co-founder Vitalik Buterin shared some challenges in implementing the new feature on the blockchain. Speaking on July 18 at the Ethereum Community Conference (EthCC) event in Paris, Buterin explained some of the key innovations that modern account abstraction brings and the current hurdles that the community is facing when it comes to the concept.
Crypto is close to solving its biggest problem: Building something useful – Fortune
The headlines in crypto for the last year have been all about fraud, regulatory crackdowns, and the general dysfunction of the industry.
Crypto Trading Dropped 43% in Q2 Despite Climbing Bitcoin, Ethereum Prices – Decrypt
Spot trading volumes on centralized crypto exchanges plummeted by 43% in the second quarter of 2022, new data from CoinGecko suggests. And Binancewhich has been slashing jobs as it retreats from key markets and faces civil charges in the U.S.was especially hard hit. CoinGecko's report covering Q2 indicates that the world's biggest exchange has seen its dominance slide from 62% to 51% in just three monthsa sign that Changpeng Zhao's constant cries of "FUD" aren't washing with crypto traders.
AltSignals price prediction as Bitcoin, Ethereum see V-shaped action – InvestorsObserver
2023-07-18 04:10:17 ET AltSignals has raised nearly $1.2 million in its token presale, with strong narratives for crypto and artificial intelligence key to investor interest. Meanwhile, the crypto market has faded some of the exuberance that saw bulls push prices higher after a US judges ruling delivered a partial win for Ripple in its case with the SEC
The Next Ethereum: Three Coins With Huge Potential XRP, Toncoin … – Analytics Insight
Since Ethereum (ETH) launched in 2015, introducing smart contracts to transform the crypto space, several other projects have been called the next Ethereum. In this article, we will look at three promising cryptos, XRP (XRP), Toncoin (TON), and Tradecurve (TCRV), and their potential as the next possible Ethereum.
Bitcoin and Ethereum Losing Their Dominance, Tradecurve … – BeInCrypto
Bitcoin (BTC) and Ethereum (ETH) are facing challenges to their long-standing dominance. As new projects emerge, the market dynamics shift, with potential gains to be found in alternative tokens. Tradecurve, a rising player in the crypto space, will capitalize on these changing trends, promising investors significant returns.