Celo Launches Dango Layer 2 Testnet, Takes a Major Step Towards the Ethereum [ETH] Ecosystem

The blockchain platform designed specifically for mobile phone users, has launched its Dango Layer 2 testnet. This marks a major step forward

Blockchain platform Celo, designed specifically for mobile phone users, has launched its Dango Layer 2 testnet in a major move towards becoming part of the Ethereum [ETH] ecosystem. This marks a significant step forward in Celo’s plan to integrate with Ethereum.

The Dango testnet, which was proposed at EthCC 2023, facilitates developer migration to a new iteration of the Celo blockchain that is optimized for fast, global transactions. Notably, this testnet preserves historical data from Alfajores, including smart contracts, accounts, and balances, to ensure a smooth transition.

Built on Optimism’s OP Stack, Dango combines the Layer 1 security of Celo with the scalability and interoperability of the OP Stack framework.

Furthermore, EigenDA, which is implemented with the backing and community support of Eigen Foundation, reduces transaction fees within Dango’s Layer-2 architecture. This architecture prioritizes affordability and efficiency, achieving a 50% increase in transaction speed (block processing time is reduced from 5 seconds to 2 seconds).

Dango Layer-2 also offers features such as seamless bridging of WETH and ERC-20 tokens for transfers between Ethereum and Celo, and one-block finality for swift and secure transactions.

It supports CELO token interaction on both the native platform and the ERC-20 standard, providing flexibility for developers. Additionally, Dango allows for payments using various ERC-20 tokens, including $USDT and $USDC, expanding payment options.

Dango’s SocialConnect feature enables sending and receiving funds using phone numbers or email addresses, simplifying transactions for users who are new to crypto.

Finally, low gas fees contribute to Dango’s affordability, which could potentially increase global cryptocurrency adoption.

The launch of the Dango testnet will prompt infrastructure providers to initiate upgrades for their Layer-2 node code. Once all major providers have implemented these updates to be compatible with the new design, the Alfajores testnet will be upgraded without requiring a separate blockchain fork.

This streamlined process will allow developers to test their user applications on the upgraded network without impacting the functionality of live user-facing applications.

The successful completion of this critical milestone ahead of the summer 2024 target sets the stage for the anticipated launch of the Celo Layer-2 mainnet in early winter 2024. The Celo Foundation and cLabs are committed to driving innovation and empowering the blockchain community, ensuring a seamless transition and robust growth for both developers and users.

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