According to Celo, This governance proposal is a vote for the community in support of Celo returning home to Ethereum by transitioning from being an independent EVM-compatible Layer 1 blockchain to an Ethereum Layer 2. Specifically, it is not a vote on the architecture or design choices of how to achieve that goal of becoming a Layer 2.
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Celo Community Proposal Vote of transition to an Ethereum L2 starts Today
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