Currencies32906
Market Cap$ 2.49T-11.1%
24h Spot Volume$ 79.43B+52.5%
DominanceBTC59.70%+1.46%ETH7.02%-9.38%
ETH Gas27.06 Gwei
Cryptorank
MainNewsCelo’s Shift...

Celo’s Shift to Layer-2 Signals Growing Confidence in Ethereum


Sep, 25, 2024
< 1 min read
by CoinEdition
Celo's Shift to Layer-2 Signals Growing Confidence in Ethereum

Ethereum co-founder Vitalik Buterin has called Celo’s upcoming move to an Ethereum Layer-2 solution a positive step. This shift, initiated by cLabs in July 2023, marks Celo’s transition from an independent, EVM-compatible layer-1 blockchain to an integrated Layer-2 within the Ethereum ecosystem.

Celo wants to increase its adaptability and security while keeping its signature speed, low transaction costs, and user-friendliness. With this change, Celo will likely benefit from Ethereum’s robust ecosystem, creating more opportunities for developers.

Improved Connectivity and Security

One of the main technological advantages of Celo’s transition to Layer-2 is the addition of a native link between Celo and Ethereum. Token transfers across blockchains have always depended on external bridges, which can pose securit…

The post Celo’s Shift to Layer-2 Signals Growing Confidence in Ethereum appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Liquidations Surpass $1.3B as Markets Continue to Crash on ‘Black Monday’

Crypto Liquidations Surpass $1.3B as Markets Continue to Crash on ‘Black Monday’

Cryptocurrency markets faced a brutal correction on what’s being dubbed “Black Monday...
Apr, 07, 2025
3 min read
by Cryptonews
ETH Price Apr 8: What Levels Matter After Monday’s Market Crash

ETH Price Apr 8: What Levels Matter After Monday’s Market Crash

Ethereum (ETH) plunged over 14% in 24 hours Monday, breaking below critical support z...
Apr, 07, 2025
< 1 min read
by CoinEdition
MainNewsCelo’s Shift...

Celo’s Shift to Layer-2 Signals Growing Confidence in Ethereum


Sep, 25, 2024
< 1 min read
by CoinEdition
Celo's Shift to Layer-2 Signals Growing Confidence in Ethereum

Ethereum co-founder Vitalik Buterin has called Celo’s upcoming move to an Ethereum Layer-2 solution a positive step. This shift, initiated by cLabs in July 2023, marks Celo’s transition from an independent, EVM-compatible layer-1 blockchain to an integrated Layer-2 within the Ethereum ecosystem.

Celo wants to increase its adaptability and security while keeping its signature speed, low transaction costs, and user-friendliness. With this change, Celo will likely benefit from Ethereum’s robust ecosystem, creating more opportunities for developers.

Improved Connectivity and Security

One of the main technological advantages of Celo’s transition to Layer-2 is the addition of a native link between Celo and Ethereum. Token transfers across blockchains have always depended on external bridges, which can pose securit…

The post Celo’s Shift to Layer-2 Signals Growing Confidence in Ethereum appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Liquidations Surpass $1.3B as Markets Continue to Crash on ‘Black Monday’

Crypto Liquidations Surpass $1.3B as Markets Continue to Crash on ‘Black Monday’

Cryptocurrency markets faced a brutal correction on what’s being dubbed “Black Monday...
Apr, 07, 2025
3 min read
by Cryptonews
ETH Price Apr 8: What Levels Matter After Monday’s Market Crash

ETH Price Apr 8: What Levels Matter After Monday’s Market Crash

Ethereum (ETH) plunged over 14% in 24 hours Monday, breaking below critical support z...
Apr, 07, 2025
< 1 min read
by CoinEdition