The Canto blockchain is migrating to the Ethereum network as an L2 solution. The project is collaborating with the Polygon team using the Polygon Chain development kit.
We’re thrilled to announce Canto is building with @0xPolygonLabs to migrate to a ZK L2 on Ethereum– powered by Polygon Chain Development Kit (CDK).
This ZK chain will be dedicated to Real World Assets in support of the next wave of application-layer adoption via neofinance. pic.twitter.com/x04dMIHsg7
— Canto Public (@CantoPublic) September 18, 2023
It is expected that the migration will allow Canto to become part of a unified ecosystem associated with Ethereum and improve user security through zero-knowledge proofs.
Canto is a layer 1 blockchain built using the Cosmos SDK and Tendermint core. It has full EVM compatibility and aims to create a fast and accessible decentralized application infrastructure.
Canto is far from the first level 1 project to announce a migration to a new blockchain. In July 2023, the Celo team announced the transition to an L2 solution on Ethereum.
A month later, Fantom Foundation co-founder Andre Cronje announced that he was considering converting Fantom’s layer 1 blockchain to L2.
Source: Cryptocurrency
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