According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.
Celo (CELO) Price Index
Celo blokchain's co-founder Rene Reinsberg believes Web3 adoption will require more block space and that Celo will be what the majority chooses on smaller screens.1695
Masa Finance announced its deployment on the Celo blockchain with its new “Prosperity Passport” identity solution for users.6335
The Celo blockchain supports mobile-first DeFi payment infrastructure; several projects building on the platform have received venture funding.3236
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol.3771