Celo L2 Activation
MAR
26
Event date
Wednesday 26 March 2025, UTC
Event description
- Celo's transition to an Ethereum Layer 2 network marks a major shift from its origins as a Layer 1 blockchain, launched on Earth Day 2020, focusing on mobile-first financial inclusion.
- The upgrade follows successful testnet phases, including the Dango Testnet in July 2024 and Alfajores, which prepared developers for the mainnet launch.
- This move aligns Celo closer to Ethereum's ecosystem, building on its history of EVM compatibility and cross-chain interoperability introduced via the Donut hard fork.
- The hardfork at block height 31057000 aims to enhance scalability and reduce transaction costs, addressing Ethereum's high fees and energy consumption challenges.
- Celo's L2 migration reflects a broader trend of Layer 1 chains like Optimism and Arbitrum adopting Layer 2 solutions to improve efficiency while maintaining decentralization.
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