~/talk

May the Fork Be With You Why Celo is the ETH L2 You're Looking For

Talkat Pragma Taipei 2025 · on Thursday, 2025-04-03· [web3, microservices]
slides:none on file

Celo completes a live migration from an EVM L1 to an OP Stack and EigenDA-based L2, executing a risky “hard hard fork” that requires client swaps at a block and removes 365,000 lines of code. Network now offers 1 second block times, sub‑$0.001 typical ERC‑20 fees, handled 21 million tx in a day without raising gas, moves native CELO onto Ethereum, cuts inflation to 1%, hosts native USDT, 8M tracked wallet users (Opera Mini Pay, Valora), CXAI partnerships, Self Protocol ZK passport proofs, and $20k+ in hackathon bounties.

AI-written summary · about

  1. 0:00Introduction: Celo’s Transition to Ethereum L2
  2. 0:54The Hard Hard Fork: Celo’s Unprecedented Upgrade
  3. 3:41Engineering Challenges & Client Migration
  4. 5:29Community & Partner Support for the Upgrade
  5. 6:41Seamless Migration for DApps (Uniswap Example)
  6. 7:49The Great Celo Happening: Inflation Cut to 1%
  7. 9:02Reason 1: Fast & Affordable Transactions
  8. 11:38Reason 2: Celo’s Stablecoin Ecosystem
  9. 12:57Reason 3: Real Users & Mass Adoption
  10. 16:31Reason 4: AI & Agent-Based Innovation (CXAI)
  11. 17:56Reason 5: Decentralized Identity (Self Protocol)
  12. 19:51Hackathon Prizes & Closing Remarks
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