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Celo Officially Becomes Ethereum L2—Chainlink Data Feeds Now Live

  • Celo has officially become an Ethereum Layer-2 network, enhancing scalability and introducing native Ethereum bridging.
  • The migration aligns Celo with Ethereum's security and developer ecosystem, facilitating seamless asset and data flow between the networks.
  • Celo's move to Layer-2 reduces block times from 5 seconds to 1 second, while maintaining low-cost transactions and rapid settlement times.
  • Partners like Fireblocks, Aave, Yellowcard, and Uniswap are joining Celo for the Layer-2 launch.

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