Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
The primary developer behind the Celo blockchain has been on the hunt since last year for the technology for its plannedOn Monday, the team officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain'sfrom various layer-2 teams on why they may be the best fit for their new blockchain.
“We know a lot more than we knew back eight months ago when we first started really zooming in on this,” Rene Reinsberg, co-founder of Celo and president of Celo Foundation, said in an interview with CoinDesk. “I'm very happy we didn't just make a decision last year, but did all this due diligence.
“Even some of the stuff we learned on the other stacks, I think it's going to be helpful as the entire architecture kind of gets built and deployed over time,” Reinsberg told CoinDesk. The OP Stack has become quite popular over the last few months among blockchain projects, with Coinbase tapping the technology last August to build out its own“It's super cool to actually see them be keen on OP Stack, do deep due diligence and look at all these chains,” said Ryan Wyatt, chief growth officer at the Optimism Foundation, in an interview with CoinDesk. “I mean, there's a lot of opportunities around this build-a-blockchain out of the box.
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