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Celo is a blockchain ecosystem that's carbon-negative, mobile-first, and EVM-compatible. In this guide we are here to get you started with Celo.
Celo is a blockchain ecosystem that's carbon-negative, mobile-first, and EVM-compatible. It's driving a digital economy that's accessible to all. In January 2023, cLabs launched Celo 2.0, a version emphasizing usability, mobile access, and global payments. Recently, cLabs proposed a significant shift for Celo. They suggested transitioning from an independent layer-1 blockchain to an Ethereum layer-2 (L2) solution. This move would transform Celo into an Ethereum L2 blockchain using OP Stack architecture. It's a technical upgrade to enhance Celo's capabilities and scalability, aligning with the Ethereum L2 ecosystem. This integration will allow Celo developers to use Ethereum tools and libraries, improving scalability and reducing costs.
The transition to Ethereum L2 will also boost interoperability between Celo and other Ethereum-based projects. It means increased compatibility with the broader Ethereum ecosystem. If the proposal is adopted, it will lead to migration to Ethereum L2. These improvements enhance functionality, scalability, and interoperability, attracting both users and developers. With a focus on mobile access and user-friendly design, Celo aims to reach billions of smartphone users, including those without traditional banking.
The Celo ecosystem is thriving, with contributions from over a thousand projects in more than 150 countries. Joining now lets you be part of this dynamic community. Celo's carbon-negative commitment aligns with global sustainability efforts, appealing to those interested in eco-friendly tech. In this guide we are here to get you started with Celo. From creating a wallet to getting it funded to start participating in the Celo ecosystem.
Celo provides various wallet options to suit different needs, whether you're on mobile or using a web browser. If you're a mobile user, the Valora wallet is our top recommendation. It's user-friendly and available on both the Play Store and the App Store. For web browser interaction, Metamask is the preferred choice. As a browser extension, it's compatible with Chrome, Firefox, and Brave.
Valora is a mobile wallet designed for the Celo network, allowing users to send, receive, and store Celo assets.
MetaMask is a popular web wallet that allows users to interact with the Ethereum and Celo networks. To get started:
Funding your Valora wallet is a straightforward process, and there are several ways to do it, including in-app purchases. In the EU, ramp is the only option to fund your wallet.
Ramp stands out for its ease of use and quick processing. With Ramp, you can add funds to your Valora account using a credit/debit card or your bank account. If you are using a credit/debit card, the entire process will take a couple minutes. If you decide to use your bank account, the process can take a couple days. How to Fund Your Valora Wallet Using Ramp:
Valora allows you to fund your wallet through in app purchases or by sending Celo to your wallet. On the other hand, MetaMask can be funded by sending Celo to your wallet. Engaging with the Celo ecosystem allows you to stake Celo and generate yield through various dapps. The next step is transferring Celo from a centralized exchange to your wallet. Coinbase makes this process easy by offering direct deposits to the Celo network, enhancing accessibility for those eager to be part of the Celo community.
In this guide, we've explored Celo, a leading blockchain ecosystem known for its accessibility, sustainability, and innovation. With developments like Celo 2.0 and the potential shift to EthereumL2, Celo is constantly evolving, creating new opportunities for everyone involved. We've covered how to choose and fund a wallet, whether it's Valora for mobile or MetaMask for web. The process is made simple with options like Ramp and Coinbase, allowing easy entry into the Celo ecosystem.
With a funded wallet, you're ready to explore Celo's offerings. You can stake, generate yield, and discover various decentralized applications (dapps). Your participation supports a global effort towards inclusivity, environmental care, and financial growth. Want to learn more? Visit our Celo EU ecosystem dashboard. You'll find a selection of apps and explanations to help you dive deeper into the Celo community.