Celo is a blockchain focused on making financial DAPPs and crypto payments accessible to anyone with a mobile phone. Celo uses phone numbers as public keys, so sending money to phone numbers becomes easy and the unbanked population can get benefitted. The smartphone user base is growing exponentially all over the world but cryptocurrency adoption is still slow in several parts of the world. Celo wants to bridge the gap. The project was founded by industry-academic collaboration and the backers include the names like Jack Dorsey, Naval Ravikant, Coinbase Ventures etc. CELO, the native token of Celo blockchain, started to trade in the market from May 2020 onwards and the mainnet was launched in April 2020.
The support of the Celo blockchain by Jack Dorsey, Naval Ravikant, Coinbase Ventures is a sign of how positive the impact this project will have going forward.
I think Celo will be a big network.
Celo is important to many blockchain networks.
Celo is coming to the fore with the idea of mobile-first blockchain, and I'm curious how it will work.
Now, I am surprised to hear about the conveniences technology provides to our lives. I've heard of transferring money by phone number, but crypto transfer will be really interesting.
Celo makes our life easier, and it is faster and consumes less energy than competing networks, but the point that comes to my mind is whether the transfer method we use now or celo is more reliable. Also, if a person has more than one account, will they all use the same phone number? If so, confusion may occur.
I spend most of my life on the phone, not only me, but the whole world is like that, so combining mobile phone and blockchain will be a great convenience.
Innovative projects that make people's lives easier like this, excite me very much, I've heard of Celo before, but I didn't know it did such good works, thank you for making me realize this and informing us.
Mobile phone integrated chain sounds interesting. I've been watching a lot of travelling vlogs, and some of the people I watch visited several parts of Africa. It is just insane how people are using their mobile phones for payment, like a credit card. You can't use your credit card in most of the places, but mobile payment is a solid and valid option in Africa. Almost everyone you see will use this payment method but credit cards.
Looking from this perspective I appreciate what this project aims to, and I hope it will be sucessfull. Thanks for introducing Celo, it is good to see that it has back-up by known names. I will definitely keep an eye on it.
In our age, smartphones have pioneered the acceleration of internet development in the last 20 years.
Now, thanks to this success achieved by the Celo ecosystem, I think that smartphones will also gain momentum in the crypto industry.
And when it combines the biggest chains with Optik, which it has not yet released, the situation may come to different points. Now, it sounds great to make your payments in a short time by switching from a smart phone to a network of your choice.
Speaking of short time, thanks to the PoS proof of stake used by new generation networks, low-cost transactions in a short time add comfort to the comfort of the user. All you have to do is sit back and make payment or transfer transactions with your phone in 5 seconds.
Together with his important supporters, his future developments can add a lot to him.
It differentiated itself from other ecosystems with its signature on mobile transactions. It is a project that we should follow closely.
I really liked the idea. Mobile phones have a great place in our lives. The idea of a chain for this is also very nice! Celo is likely to do well, as its backers are important and well-known.
I think it can be successful and I will be following what happens. I am sure that the more people are informed, the more backers of the project will be.
Nowadays, mobile phones are among the indispensable parts of our lives. Our lives, our friends, our wallets, our photos... We have crammed many other things into our mobile phones. There is no limit to what we can do with mobile phones.
I like the mobile-first chain idea. I wonder what might happen. We'll see if we need something like this. Maybe it will become one of our indispensables in the future!
Thanks for the article and for introducing us Celo!
The easier something is, the more comfortable it grows. Sending money into a wallet and checking a lot of articles is sometimes annoying. In fact, IBAN is just as complex. If it will be transferred in this way, it will be much preferred. Personally, I'm sending cryptocurrencies to my friend who's abroad, even if it's challenging. Not like ETH. It's because of gas fee. I send with low ones. The easier it is for me, the better. I hope they succeed as soon as possible. Thanks for the article. Have a nice day.
It's a great idea to use mobile phone numbers as addresses, it's more useful and beautiful than those long complex addresses.
Celo, a blockchain with much lower resource usage compared to many modern blockchain solutions. This low resource design will become very functional to increase usage in areas where resources are scarce.
It is a really nice detail that accounts have reputation points, thanks to these reputation points, both people to be trusted will come to the fore and those who make unsuccessful transactions will be eliminated.
I think that Celo will come to very good places in the future, it provides welfare to people in many areas.
The support of the Celo blockchain by Jack Dorsey, Naval Ravikant, Coinbase Ventures is a sign of how positive the impact this project will have going forward.
I think Celo will be a big network.
Celo is important to many blockchain networks.
Celo is coming to the fore with the idea of mobile-first blockchain, and I'm curious how it will work.
Thanks for the article.
Now, I am surprised to hear about the conveniences technology provides to our lives. I've heard of transferring money by phone number, but crypto transfer will be really interesting.
Celo makes our life easier, and it is faster and consumes less energy than competing networks, but the point that comes to my mind is whether the transfer method we use now or celo is more reliable. Also, if a person has more than one account, will they all use the same phone number? If so, confusion may occur.
I spend most of my life on the phone, not only me, but the whole world is like that, so combining mobile phone and blockchain will be a great convenience.
Celo makes cryptocurrencies very functional in terms of usability on mobile devices.
I believe that it will be compatible with many cryptocurrencies in the future. I am sure we will see Celo in many parts of the stock market.
Innovative projects that make people's lives easier like this, excite me very much, I've heard of Celo before, but I didn't know it did such good works, thank you for making me realize this and informing us.
Mobile phone integrated chain sounds interesting. I've been watching a lot of travelling vlogs, and some of the people I watch visited several parts of Africa. It is just insane how people are using their mobile phones for payment, like a credit card. You can't use your credit card in most of the places, but mobile payment is a solid and valid option in Africa. Almost everyone you see will use this payment method but credit cards.
Looking from this perspective I appreciate what this project aims to, and I hope it will be sucessfull. Thanks for introducing Celo, it is good to see that it has back-up by known names. I will definitely keep an eye on it.
In our age, smartphones have pioneered the acceleration of internet development in the last 20 years.
Now, thanks to this success achieved by the Celo ecosystem, I think that smartphones will also gain momentum in the crypto industry.
And when it combines the biggest chains with Optik, which it has not yet released, the situation may come to different points. Now, it sounds great to make your payments in a short time by switching from a smart phone to a network of your choice.
Speaking of short time, thanks to the PoS proof of stake used by new generation networks, low-cost transactions in a short time add comfort to the comfort of the user. All you have to do is sit back and make payment or transfer transactions with your phone in 5 seconds.
Together with his important supporters, his future developments can add a lot to him.
It differentiated itself from other ecosystems with its signature on mobile transactions. It is a project that we should follow closely.
Thanks for the article and information.
I really liked the idea. Mobile phones have a great place in our lives. The idea of a chain for this is also very nice! Celo is likely to do well, as its backers are important and well-known.
I think it can be successful and I will be following what happens. I am sure that the more people are informed, the more backers of the project will be.
Thank you for the article.
Nowadays, mobile phones are among the indispensable parts of our lives. Our lives, our friends, our wallets, our photos... We have crammed many other things into our mobile phones. There is no limit to what we can do with mobile phones.
I like the mobile-first chain idea. I wonder what might happen. We'll see if we need something like this. Maybe it will become one of our indispensables in the future!
Thanks for the article and for introducing us Celo!
What celo did looks really awesome.
The use of mobile phone numbers as a bank account is a revolutionary development.
It means that many new people who are not familiar with the crypto system enter this ecosystem.
This allows the market to grow and become more known.
celo is inspiring about harmony.
Excellent compatibility with eth and bsc networks
all these communities would have a great valid reason to use celo.
yes, I think the biggest step is inter-chain communication and interoperability.
The next big step in the crypto ecosystem is definitely the freedom of movement between chains, seamless and low-cost.
This is definitely the biggest improvement after defi and nft.
celo seems to be taking several successful steps together.
I will follow closely.
And I really hope that they will be successful in this field.
Thanks for your great article.
The easier something is, the more comfortable it grows. Sending money into a wallet and checking a lot of articles is sometimes annoying. In fact, IBAN is just as complex. If it will be transferred in this way, it will be much preferred. Personally, I'm sending cryptocurrencies to my friend who's abroad, even if it's challenging. Not like ETH. It's because of gas fee. I send with low ones. The easier it is for me, the better. I hope they succeed as soon as possible. Thanks for the article. Have a nice day.
It looks pretty nice and smart. It is simple and convenient. But one question comes in my mind.
Protected against cyber attacks? Or is it safe against scammers? Because the cell phone number can be known to anyone.
Of course, there are ways to protect. But if it gets that simple, that question comes to mind.
Privacy is also provided when the phone number returns to the address. This it's perfect. Confidentiality is a very important thing right now.
The first things I look at when investing in a project is security, privacy, simplicity, continuity.
Thanks for the nice post.
Is this similar in any way to Pi Network?
Hyped on Celo!
It's a great idea to use mobile phone numbers as addresses, it's more useful and beautiful than those long complex addresses.
Celo, a blockchain with much lower resource usage compared to many modern blockchain solutions. This low resource design will become very functional to increase usage in areas where resources are scarce.
It is a really nice detail that accounts have reputation points, thanks to these reputation points, both people to be trusted will come to the fore and those who make unsuccessful transactions will be eliminated.
I think that Celo will come to very good places in the future, it provides welfare to people in many areas.
Thanks for the article.