🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
cLabs, the Core Developer of Celo Blockchain, Proposes the Use of OP Stack for Layer2 Development
According to Foresight News, cLabs, the core developer of the Celo blockchain, has proposed using OP Stack for Layer2 blockchain development. This decision follows a community-sanctioned governance vote last July that validated Celo's transition from the current Layer1 network to Ethereum Layer2. The team has now decided to develop Layer2 on OP Stack, the primary toolkit for developing chains in the Optimism ecosystem. Prior to that, the team conducted an eight-month evaluation and testing of various extension technologies and software packages, including Arbitrum Orbit, ZK Stack of zkSync, and Polygon CDK. The company plans to deploy the Celo Layer 2 testnet in the summer of 2024 following another community vote.
In its proposal, cLabs stated that Celo's transition to OP Stack-based Layer2 will focus on improving the network's performance while maintaining its unique features. Proposed improvements include reducing the block time from 5 seconds to 2 seconds and increasing throughput by 50%.
#Bitcoin Post-Halving: Pump or Dump?#