The Blockchain Battle Royale for Celo’s Layer-2: Arbitrum Joins the Fray

Arbitrum Joins the Race for Celo's Layer-2 Blockchain Migration

Arbitrum in the race for Celo’s move to Layer-2 Blockchain

The race for dominance in building a new layer-2 blockchain for the Celo network just heated up! Picture this: a gladiator-style battle, with developers donning their coding armor, ready to showcase their tech prowess. And amidst all the chaos, Nina Rong, the head of ecosystem development at the Arbitrum Foundation, steps into the arena, proposing their innovative Orbit tech stack to the Celo community.

In a brilliantly composed proposal, Rong welcomes Celo back to the Ethereum community, suggesting that they opt for Arbitrum’s customizable layer 2 and layer 3 chains. Imagine it as a masterful performance, with Rong extending a hand and inviting Celo to dance with them using the power of Arbitrum’s optimistic technology.

Originally, Celo had planned to build its layer 2 using Optimism’s OP Stack, a rival contender in the Blockchain Battle Royale. But since then, two more contenders have emerged – Polygon and Matter Labs – pitching their stacks to sway the Celo community. It’s like a tech version of ‘The Voice,’ with developers vying for the attention of Celo, hoping to be chosen as the perfect match.

But Celo isn’t rushing into this decision. They’re taking their time, aiming for mid-January to select the ultimate stack. It’s like a reality show with a suspenseful finale, keeping the audience on the edge of their seats, eagerly awaiting the final announcement.

• Google’s Gemini AI Model Gets an Exciting Price Slash Unveiling Groundbreaking Opportunities for Developers!
• EOS Labs, ESCC, and ENF Join Forces for Stellar Stablecoin Solutions
• Taurus Introduces Credit Tokenization The Next Game-Changer for German SMEs

The proposal from Arbitrum is a bold move, displaying their alignment with Celo’s mission to create a financial system that brings prosperity to all. It’s like a marriage proposal, where Arbitrum promises to be the perfect partner for Celo’s journey towards success. Cue the romantic music!

Meanwhile, Celo Labs, the main developer behind the network, is putting in the effort. They’ve started their technical evaluations, diving into the pros and cons of each proposal. It’s like they’re on a quest, armed with their knowledge swords, determined to find the best stack that fits their needs.

Arbitrum comes with an impressive trump card – their “total value locked” (TVL). It’s like measuring the size of a gladiator’s army. Arbitrum’s TVL of $8.4 billion for the Arbitrum One network puts them in the lead, leaving OP Mainnet’s $4.6 billion trailing far behind. The Celo Labs team acknowledges this trust and reputation earned by Arbitrum in the market.

As the battle intensifies, the anticipation grows. Which developer will emerge victorious, winning the heart of Celo? Will it be Arbitrum, with their impressive TVL and charming proposal? Or will another contender take over the stage? Stay tuned, folks – the ultimate decision is just a heartbeat away.

So, fellow investors, join us in this thrilling Blockchain Battle Royale as we witness the clash of titans! Keep an eye on the Celo community’s decision, for the fate of the blockchain world hangs in the balance.

Read more: Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

This article has been edited by the talented Bradley Keoun.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!