Celo Completes Migration to Ethereum Layer-2, Paving Way for Improved Scalability

Celo has officially completed its migration to the Ethereum Layer-2 network after a nearly two-year process, marking a pivotal upgrade in its infrastructure. By integrating with Optimism’s OP Stack, the blockchain aims to deliver increased scalability, reduced transaction fees, and enhanced interoperability within the larger Ethereum ecosystem. The transition, initiated in July 2023 and backed by a community vote in July 2024, makes use of a series of distinctive protocol updates including a shift in validator operations and the redistribution of rewards via smart contracts. While validators now temporarily run community RPC nodes and transaction sorting is initially centralized, plans for decentralization are in place for the future. The move is seen as a potential blueprint for other EVM-compatible Layer-1 chains considering similar migration pathways, igniting interest among other blockchain founders. Core features like SocialConnect remain fully functional, ensuring that the user base and historical data of the network are preserved.