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0/ Celo transitions to an L2, a guest thread by Marek 5 years ago, @celo launched on Earth Day with one goal: Build something different. A blockchain for everyone—no matter where you live or what phone you carry. That dream never changed & this week, it just got stronger 👇
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1/ After 20+ months of planning, coding & testing, @Celo is now an Ethereum Layer 2 w/ @optimism's OP Stack & EigenDA, featuring: - 1s blocks - Sub-cent txns - Fee abstraction (gas payable in USDT & USDC) - Native bridging - Ethereum security - Ultragreen Money - CELO token duality & more https://x.com/Celo/status/1904894159607259648
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2/ Migrating an existing L1 to an L2 was no small feat. We completely changed the way it operates while preserving its chain history (no regenesis needed). The upgrade was trustless—full nodes could verify the state change. And, the canonical version of CELO moved to Ethereum!
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