The post Celo’s Migration to Ethereum Layer-2: Exploring Opportunities and Challenges Ahead appeared on BitcoinEthereumNews.com.

Celo has marked a transformative moment by transitioning from a Layer-1 (L1) blockchain to an Ethereum Layer-2 (L2), enhancing interoperability and security. This strategic pivot not only reduces transaction times to just one second but also preserves Celo’s extremely low fees, maintaining a user-friendly environment. “The Celo L2 migration has been successfully completed,” stated Celo’s team, underlining the significance of the transition for future developments in the ecosystem. Celo transitions to Ethereum Layer-2, enhancing security and speed while maintaining low fees, creating new opportunities for users and developers. Celo’s Migration to Ethereum Layer 2 Celo finalized its migration to an Ethereum Layer-2 network on Wednesday, utilizing Optimism’s OP Stack and EigenDA for efficient data availability. This critical upgrade, achieved at block height 31,056,500, fortifies Celo’s security and significantly improves interoperability with the Ethereum network while retaining its hallmark features, such as low transaction fees and rapid processing times. The official Celo countdown website confirmed this groundbreaking transition, which has been in the works for 20 months, beginning with a proposal from cLabs in July 2023. The announcement noted, “Celo is now live as an Ethereum Layer 2,” highlighting a collaborative effort aimed at enhancing user experiences and fostering innovation within the Ethereum ecosystem. The migration commenced with Celo validators making a deliberate pause in block production on the L1 network. The commencement of the hard fork was officially announced on X (formerly Twitter) by cLabs, detailing the transition process. Following the halt in L1 block production, Celo’s block production resumed within hours on the L2, with public RPC (Forno) and indexers coming online shortly thereafter. Implications for Users and Developers The transition to Ethereum Layer-2 introduces substantial advantages for Celo users and developers alike. By leveraging Ethereum’s robust infrastructure, Celo enhances its security features and overall network performance. The ability…

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Filed under: News - @ March 26, 2025 7:28 am