Celo Completes Migration to Layer-2 Network Using Optimism’s OP Stack
The Celo blockchain has successfully transitioned to an Ethereum layer-2 chain, concluding a two-year process. Key points include:
- The transition was ratified in July 2024 after community voting.
- Optimism’s OP Stack technology was selected for the migration.
- The new network will facilitate faster and cheaper transactions on Ethereum's mainnet.
- This migration serves as a potential model for other EVM-compatible blockchains considering similar transitions.
- Celo users will retain access to existing features while experiencing protocol-level changes, such as altered validator responsibilities and transaction sequencing.
Interest from other layer-1 founders regarding this transition has increased, indicating potential future migrations within the ecosystem.