Celo is an EVM-compatible network focused on financial inclusion for everyone with a phone number. The inclusion is implemented through the native identity protocol that allows anyone to associate their phone number with one or more addresses on the blockchain.
Consensus | Modified Istanbul BFT |
Public / Private / Permissioned | Public |
Smart contracts | Yes |
Smart contract language(s) supported | Solidity, Vyper, Yul, Huff |
Transaction privacy | No |
Transaction visibility | All participants have access to all entries ever recorded. |
Transaction ordering | All validating participants must reach consensus over the order of all transactions that have taken place, irrespective of whether a participant has taken part in a particular transaction or not. |
The chain is secured by staking validators
The blocks are produced at 5 second intervals.
Token securitization, land registries, token-enabled marketplaces, standardized data, digital identity, certifications (e.g. academic, birth), notarization, DeFi, secure layer for rollups, etc.
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