Cryptocurrency Q&A Is Celo on Ethereum?

Is Celo on Ethereum?

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Sat Jun 29 2024 | 7 answers 1669
As a seasoned individual in the realm of cryptocurrencies and finance, I often come across questions pertaining to the intricacies of various blockchain projects. One such query that has piqued my interest recently is: "Is Celo on Ethereum?" This question begs for clarification on the relationship between the two platforms. Is Celo a fork or an offshoot of Ethereum? Does it utilize Ethereum's codebase or consensus mechanism? Or is it a completely separate blockchain with its own unique set of features and functionalities? Answering this question can help investors and enthusiasts understand the positioning and potential of Celo in the broader cryptocurrency ecosystem. Is Celo on Ethereum?

7 answers

DigitalWarrior DigitalWarrior Mon Jul 01 2024
They chose OP Stack as the foundational infrastructure

Was this helpful?

350
79
Maria Maria Mon Jul 01 2024
to support the migration of their project to Ethereum.

Was this helpful?

349
59
HanbokGlamourQueenElegance HanbokGlamourQueenElegance Mon Jul 01 2024
After a rigorous period of consideration spanning nine months,

Was this helpful?

134
60
AltcoinExplorer AltcoinExplorer Mon Jul 01 2024
This move represents a strategic shift in the direction of Celo,

Was this helpful?

378
90
Valentina Valentina Mon Jul 01 2024
aiming to leverage the vast capabilities and robust network of Ethereum.

Was this helpful?

109
54
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts