Celo-migration to the Layer-2 network is finished, bringing new era to Blockchain

Celo Blockchain’s long-awaited plan to become an Ethereum-layer-2 chain has ended, concluding an almost two-year process, the most important organizations behind the network said Wednesday.

The transition ends a long journey beginning back in July 2023 for the Layer-1 Blockchain, which included a community vote in July 2024 and a fierce competition won by optimism, among LAG-2 networks to convince the Celo ecosystem to build with their technology.

The improved network – like other layers 2S – offers faster and cheaper transactions on top of Ethereum’s mainnet. Blockchain is run by Optimisms up stack, a customized framework that lets developers build Layer-2 networks based on Optimism’s technology.

“You know every time people ask us, we always recommend up the stack because the team that has been so useful and so supportive,” said Marek Olszewski, CEO of Clabs, the most important developer company that supports Celo Blockchain.

A plan for other layers 1’s

According to Rene Reisberg, CEO of the Celo Foundation, migration is the first of its kind in the Ethereum ecosystem, and is likely to be used as a plan for other EVM compatible blockchains that appear to be a LAG-2 network.

“This path with not only spinning a new chain, but actually maintaining this story and having everyone being on the new chain, while it is much more work, is great from a Celo perspective. It will be this kind of great case study for Ethereum,” Rene Reinsberg, president of the Celo Foundation, said in an interview.

“Even just based on outreach I have received from other L1 founders who are like, ‘Hi, so how does it actually feel on the inside of reviewing this transition and how much work is it and how you think about it?’ And then it definitely feels like there is increased interest now, ”Reinsberg added.

Despite Ethereum’s leaders experiencing setbacks from society because of the clumsy experience of operating between abundance of LAG-2 blockchains, the hanging price of Ether (ETH) said compared to other cryptocurrencies, and Blockchain loses Mindshare and new talent to competitors such as Solana, Reinsberg said other layers that look like Celo, transition and also overlay to Lag.

“As some of these short -lived storms come down and the mood is starting to change, I think you are starting to see a number of layers 1s that are likely to be more public about it,” said Reisberg. “But we certainly already see these early conversations.”

Celo’s new home

According to the team, Celo End users will not notice much of a difference in their setups and will still be able to access key features such as SocialConnect, a protocol that connects users’ phone numbers or X handles to their Celo -Tevebog addresses to make payments. Nevertheless, there are changes in protocol levels.

“Validator responsibility has evolved from operating the consensus protocol to temporarily running the Community RPC hub points, with Validator Rewards now distributed via smart contract execution rather than on Epoch blocks,” the team said in a press release. “In addition, transaction sequencing – previously determined by validators running the consensus protocol – will originally be handled by a centralized sequencer, with a roadmap in place to transition to decentralized sequencing in the future.”

Read more: Celo Community Ratifies the plan to use Optimism’s up stack for new LAG-2 chain

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