Eigen Foundation Grants First Strategic Funds to Celo Foundation for Layer-2 Integration

Eigen Foundation Grants First Strategic Funds to Celo Foundation for Layer-2 Integration

The Eigen Foundation has announced its inaugural strategic grant to the Celo Foundation, aiming to integrate the off-chain data availability layer, EigenDA, into Celo’s forthcoming Ethereum Layer-2. This partnership is set to enhance Celo’s scalability and security, according to the Celo Foundation . Integration with EigenDA

Initially launched as an EVM-compatible standalone blockchain on Earth Day 2020, Celo’s core contributors, cLabs, proposed transitioning to an Ethereum Layer-2 during EthCC 2023. A crucial aspect of this transition is maintaining the benefits of Celo’s Layer-1, including scalability and security. EigenDA is a pivotal component in this framework, providing abundant block space […]

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