Founders

Last week, Celo transitioned from a Layer 1 to an Ethereum Layer 2.

This is a major signal that L1s can now choose lower costs, shared security, and deep liquidity over going it alone.

marek , co-founder of Celo, shared that by migrating to the OP Stack + EigenDA, Celo gains faster UX, lower fees, a stronger developer moat—and can now rely on Ethereum’s validators for security at a lower cost.

𝐍𝐀𝐙𝐀𝐍𝐈𝐍  🎨💻🖼

                                                  
  𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝗿𝘁𝗶𝘀𝘁 𝗔𝗻𝗱 𝗔𝗜 𝗗𝗲𝘀𝗶𝗴𝗻𝗲𝗿

Exciting to see Celo embracing Ethereum Layer 2 for lower costs and enhanced security. A smart move towards scalability and efficiency in the blockchain space.