Celo transitions to Ethereum Layer-2, boosting security, speed, and developer compatibility with low fees and faster transactions.

The transition ends a long journey beginning back in July 2023 and a fierce competition, won by Optimism, convincing the Celo ...

Celo developers have finalized the transition to an Ethereum Layer 2 network, marking the end of a nearly two-year journey ...

Celo's Ethereum L2 upgrade enhances security and interoperability, supporting 1,000+ projects with lower fees and faster transactions.

Layer 2 chains process new transactions faster while reducing the load on Layer 1 and typically taking lower fees. A connection (channel, bridge, etc.) is opened between Layer 1 and Layer 2 ...

Zoe Hansen / Investopedia Layer 1 and Layer 2 are both scaling solutions designed to improve the processing speed of blockchain networks. Layer 1 scaling solutions are changes made to a blockchain ...

In that regard, Layer 2 solutions have emerged as a breakthrough technique to finally help scale blockchains without putting away their security or decentralization. Layer 2 solutions refer to ...

Hamster Kombat has introduced a layer-2 blockchain, Hamster Network, on The Open Network (TON) to support Web3 gaming and decentralized applications, the project announced on Feb. 25. Hamster ...