The Celo Basis is thrilled to announce the profitable launch of the Dango Layer-2 testnet, marking a major milestone in cLabs’ efforts to combine Celo’s blockchain with Ethereum. The launch invitations builders to start out testing the up to date code on this new fork of the Alfajores testnet.
📣 Breaking #CEL2 Information: the Dango Layer 2 testnet is now reside! 🍡
Forward of EthCC 2024, @cLabs efficiently launched the fork of Alfajores testnet, inviting builders to start out testing the up to date code
🧵 Preserve studying for the important thing advantages & particulars! ↓ pic.twitter.com/QJgg2RN33y
— Celo 🦇 🌳 (@Celo) July 7, 2024
Dango Layer-2: A New Period for Celo
The Dango testnet, first proposed throughout EthCC 2023, permits builders to transition their initiatives to this up to date blockchain iteration designed for quick and low-cost world funds. This launch preserves all historic information from the Alfajores testnet, together with sensible contracts, accounts, and balances. Constructed on Optimism’s OP Stack, Dango maintains the advantages of Celo’s Layer 1 whereas leveraging a extremely scalable and interoperable blockchain framework.
Following strategic help from the Eigen Basis and group backing, Dango makes use of EigenDA as a knowledge availability layer to maintain transaction charges minimal. The Layer-2 structure goals to keep up low transaction prices and improve throughput by 50%, lowering block time from 5 seconds to 2 seconds.
Dango Layer-2 gives a number of key options, together with the bridging of WETH and ERC-20 tokens for seamless transfers between Ethereum and Celo and maintains 1-block finality for swift and safe transactions. It helps CELO token duality, permitting interplay with CELO natively or by way of the ERC20 interface, and payment abstraction, which allows a number of ERC-20 tokens as gasoline currencies, together with Celo-native $USDT and $USDC. SocialConnect permits sending cash to cellphone numbers, e mail addresses, or different social identifiers, whereas low gasoline charges guarantee better accessibility and adoption of crypto worldwide.
Infrastructure Upgrades and Subsequent Steps for Celo Layer-2 Mainnet Launch
With the launch of Dango, infrastructure suppliers at the moment are upgrading their Layer-2 node code. As soon as all key suppliers have up to date to help the brand new design, Alfajores can be upgraded with out creating a brand new fork, permitting builders to check their end-user dApps with out impacting user-facing functions.
The profitable completion of this milestone forward of the summer time 2024 schedule units the stage for the anticipated Celo Layer-2 mainnet launch in early winter 2024. The Celo Basis and cLabs stay dedicated to driving innovation and enhancing the blockchain ecosystem, guaranteeing a seamless transition and sturdy development for builders and customers alike.