Celo's governance proposal for migrating to Ethereum L2 architecture opens community voting

ChainCatcher news, Celo's governance proposal to migrate Celo to the Ethereum L2 architecture has opened community voting (Temperature Check). This governance proposal is a vote from the community, supporting Celo's transition from an independent EVM-compatible Layer1 blockchain to Ethereum Layer2, rather than a vote on the architecture or design of how to achieve the Layer2 goals.

Previously, ChainCatcher reported that the Celo development team cLabs initiated a new proposal, suggesting that Celo migrate from an independent EVM-compatible Layer1 blockchain to Ethereum Layer2, utilizing the OP Stack to become part of the Ethereum L2 architecture. This will be a technical upgrade with key features including: a decentralized sequencer driven by Celo's existing validators, using a Byzantine fault-tolerant consensus mechanism; an off-chain data availability layer supported by EigenLayer and EigenDA, operated by Ethereum node operators and secured through re-staking ETH, allowing Celo to maintain low fees; and retaining Celo's design that requires only 1 block confirmation.