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Celo Foundation Announces the Launch of Dango Layer-2 Testnet

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The Celo Basis is thrilled to announce the profitable launch of the Dango Layer-2 testnet, marking a big 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 dwell! 🍡

Forward of EthCC 2024, @cLabs efficiently launched the fork of Alfajores testnet, inviting builders to start out testing the up to date code

🧵 Hold 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 international funds. This launch preserves all historic knowledge 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 assist from the Eigen Basis and neighborhood backing, Dango makes use of EigenDA as an information 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 through the ERC20 interface, and price abstraction, which allows a number of ERC-20 tokens as gasoline currencies, together with Celo-native $USDT and $USDC. SocialConnect allows sending cash to telephone numbers, e-mail addresses, or different social identifiers, whereas low gasoline charges guarantee higher accessibility and adoption of crypto worldwide.

Infrastructure Upgrades and Subsequent Steps for Celo Layer-2 Mainnet Launch

With the launch of Dango, infrastructure suppliers are actually upgrading their Layer-2 node code. As soon as all key suppliers have up to date to assist 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 purposes.

The profitable completion of this milestone forward of the summer season 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 strong development for builders and customers alike.

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