News

Celo Announced A Partnership With ConsenSys To Drive Mainstream Adoption Of Web3

To promote the widespread use of Web3, ConsenSys, a market-leading blockchain technology firm, announced a partnership with Celo.

The agreement enables Celo to utilize the Infura infrastructure provided by ConsenSys.

With Infura, the engineers can expand the blockchain’s scalability. Additionally, developers can use Truffle to create decentralized applications (dApps) that run on Ethereum. It is possible to test Ethereum smart contracts in the Truffle development environment.

Sharon Byrne Cotter, Product and Program Manager at Infura, stated:

“We look forward to this long-term partnership with Celo’s expanding ecosystem and integrating with its permissionless, carbon-negative blockchain built for real-world benefits.”

The collaboration will also enable its interoperability with MetaMask, a well-known Ethereum-based wallet. The Ethereum Climate Platform, which ConsenSys unveiled last week, will also include the EVM-compatible layer-1 blockchain.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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