The mobile-first blockchain Celo has accomplished its transition to Ethereum Layer-2 after two years of improvement, because the final step on its path from a person blockchain to an interoperable community.
Celo has migrated to an Ethereum Layer-2 on Optimism’s OP Stack. It’s leveraging EigenDA, the info availability protocol developed by EigenLayer. Because of this, it says, Celo has returned to the Ethereum ecosystem with “renewed capabilities and function.”
With the improve to an Ethereum Layer 2, the Celo Layer 1 shopper has stopped syncing and the Layer 2 shopper has taken over, based on the three March announcement. “This isn’t simply an improve. It’s a return dwelling,” the cLabs group wrote.
Gm
completely satisfied L2 day to all who have a good time
https://t.co/QgwZZTi0xp
— Rene | Celo ◘
(@RegenRene) March 25, 2025
Celo Token Now Native to Ethereum
Celo developer cLabs initially proposed the transition in July 2023. The group adopted this up with a collection of testnets in July and September 2024, in addition to February 2025.
Based on Rene Reinsberg, Celo co-founder and Celo Basis President, the migration is “a pure development” in direction of the objective of making “the circumstances of prosperity for all” and “platforming a strong onchain economic system for the long run.”
Due to this fact, by using Ethereum’s infrastructure, Celo has now boosted safety and interoperability for hundreds of thousands of day by day customers, Reinsberg added.
The CELO token now additionally lives natively on Ethereum. CELO on L2 represents tokens bridged from Ethereum, the announcement says.
“Since launch, Celo has maintained shut alignment with Ethereum, and we’ve at all times seen ourselves as a cultural extension of the neighborhood with a wealthy Regen tradition and deal with cell DeFi functions,” stated Marek Olszewski, Celo Co-Founder and cLabs CEO.
“Migrating to a Layer 2 marks an thrilling return dwelling for Celo, combining the most effective of the networks’ benefits to scale Web3 with world attain and continued influence,” he added.
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Celo Migrating an Ecosystem
The chain just isn’t transitioning alone. Beneath its umbrella is an ecosystem of over 1,000 tasks that are actually on the Ethereum community.
Celo has built-in in style infrastructure. This consists of Uniswap, Curve, Chainlink, RedStone, Hyperlane, LayerZero, Wormhole, Axelar, Rarible, Infura, Quicknode, Alchemy, ThirdWeb, Self, and Aave v3.
Day 1 companions are node suppliers, RPC suppliers, indexers, bridges, and exchanges which have dedicated to upgrading inside two hours of the primary Layer-2 block. The checklist consists of Alchemy, Hyperlane, Wormhole, Binance, Coinbase, Bitfinex, Kraken, Gate.io, Upbit, and extra.
2/ @CeloDevs will now have entry to Supernode: Alchemy's scalable, always-on node API infrastructure
Builders will quickly have entry to extra tooling, incl.:
→ Token API: Simply entry token balances & metadata
→ Transfers API: Simplify asset motion monitoring— Celo.eth
(@Celo) March 24, 2025
Per the group, the customers will profit from improved interoperability, quick transactions, and low charges averaging $0.0005. Celo additionally allocates a portion of each transaction charge to carbon offsetting and sustainability tasks.
Amongst different enhancements, Celo’s core capabilities will see block occasions rising to 1 second in comparison with the sooner 5 seconds.
The platform will keep its signature options, it provides, similar to SocialConnect, permitting funds utilizing only a cellphone quantity. One other is charge abstraction, enabling transaction charges to be paid with ERC-20 tokens, together with USDT and USDC.
Moreover, a local bridging with Ethereum will decrease the reliance on exterior bridges, thus rising safety. The group famous that that is essential for the hundreds of thousands of Celo’s customers worldwide who make the most of the chain for on a regular basis use instances. Examples embody greenback stablecoin financial savings in Opera’s MiniPay Pockets, sending crypto through Valora, and capturing environmental knowledge onchain to earn cash with GainForest.
That is wonderful to see. Bettering worldwide entry to primary funds/finance has at all times been a key method that ethereum will be good for the world, and it's nice to see @Celo getting traction.
See additionally their current posts:
* @Celo changing into an Ethereum L2: https://t.co/08U7G7q69s
*… https://t.co/Qq7vcmZ6e3— vitalik.eth (@VitalikButerin) September 25, 2024
In the meantime, protocol-level adjustments embody the evolution of the validator duties from working the consensus protocol to briefly operating neighborhood RPC nodes. Validator rewards are actually distributed via good contract execution as a substitute of at epoch blocks.
Lastly, a centralized sequencer will function transaction sequencing and can transition to decentralized sequencing “sooner or later.” Previous to the migration, this was decided by validators operating the consensus protocol.
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The publish Celo Completes Migration to Ethereum Layer 2 appeared first on Cryptonews.