Celo, a blockchain platform, is exploring migrating from its standalone blockchain to an Ethereum (ETH) Layer-2 (L2) community. Originally, Celo had deliberate to make the most of Optimism’s OP Stack, a customizable toolkit just like Polygon (MATIC) however based mostly on Optimism’s expertise.
However, Sandeep Nailwal, co-founder of Polygon Labs, has proposed another solution to the Celo neighborhood. Nailwal suggests leveraging Polygon’s Chain Development Kit (CDK), an open-source toolset that permits the creation of customizable Layer-2 chains powered by zero-knowledge (ZK) expertise.
Celo’s Potential Move To Ethereum Layer-2 Via Polygon
In a latest weblog submit, Polygon Labs prompt Celo may take into account deploying an Ethereum Layer-2 resolution utilizing Polygon CDK.
According to Polygon Labs co-founder Nailwal, this technique would permit Celo to leverage the advantages of being an Ethereum Layer-2 platform whereas preserving the traits which have contributed to its success.
The proposal emphasizes a number of key benefits of adopting Polygon CDK. Firstly, it permits cross-community collaboration by integrating with an ecosystem of Layer-2 options powered by zero-knowledge expertise.
Polygon CDK enhances compatibility with Ethereum by offering an atmosphere equal to the Ethereum Virtual Machine (EVM). This alignment ensures a seamless transition for Celo, carefully matching Ethereum’s technical infrastructure and tooling.
Furthermore, in line with Nailwal, deploying with the protocol’s CDK affords elevated safety for Celo. It permits Celo to leverage Ethereum’s confirmed consensus layer whereas incorporating the safety advantages of zero-knowledge proofs.
Regarding charges and scalability, Celo can profit from low charges by using the zkEVM validium structure and off-chain information availability supported by Polygon CDK. These options contribute to cost-efficient transactions whereas enabling scalability for Celo’s community.
Moreover, in line with Nailwal, Celo features entry to a unified Layer-2 economic system by turning into part of the Polygon ecosystem by combining Ethereum’s mainnet with Polygon’s ecosystem. This integration creates a seamless expertise for builders and customers, facilitating interplay with each networks.
Fast Transactions And Lower Fees?
With zero-knowledge expertise, Celo customers can take pleasure in near-instant withdrawals, quicker finality instances, and on the spot cross-chain interactivity.
According to the weblog submit, these options improve the pace, effectivity, and safety of transactions, finally enhancing the consumer expertise.
Through Polygon CDK, chains can obtain near-instant cross-chain interactivity with Ethereum, leveraging the ability of ZK proofs to determine a safe and interconnected community.
Overall, the proposed migration to Polygon CDK represents a possibility for Celo to transition to an Ethereum Layer-2 resolution whereas harnessing the benefits provided by Polygon’s ZK-powered expertise. The proposal goals to provoke discussions between the Celo and Polygon communities to discover the potential advantages for all stakeholders concerned.
It is essential to notice that no ultimate choice has been made at this stage, and the proposal signifies the start of discussions between the Celo and Polygon communities.
Featured picture from iStock, chart from TradingView.com
