May the Fork Be With You Why Celo is the ETH L2 You're Looking For | Marek Olszewski, Pragma Taipei

Thu, Oct 2, 2025, 12:00 AM

Discover why Celo is the Ethereum L2 you've been searching for in this insightful talk by Marek Olszewski, co-founder of Celo. Learn about Celo's seamless transition from an L1 to an OP Stack and EigenDA-based L2, its ultra-low transaction fees, 1-second block times, and robust stablecoin ecosystem with native USDT. Explore how Celo supports real-world adoption through wallets like Opera Mini Pay and Valora, AI innovation with CXAI, and decentralized identity via Self Protocol. Whether you're a developer or crypto enthusiast, find out why Celo is the ideal platform for fast, affordable, and user-friendly blockchain applications. 00:00 - Introduction: Celo’s Transition to Ethereum L2 00:54 - The Hard Hard Fork: Celo’s Unprecedented Upgrade 03:41 - Engineering Challenges & Client Migration 05:29 - Community & Partner Support for the Upgrade 06:41 - Seamless Migration for DApps (Uniswap Example) 07:49 - The Great Celo Happening: Inflation Cut to 1% 09:02 - Reason 1: Fast & Affordable Transactions 11:38 - Reason 2: Celo’s Stablecoin Ecosystem 12:57 - Reason 3: Real Users & Mass Adoption 16:31 - Reason 4: AI & Agent-Based Innovation (CXAI) 17:56 - Reason 5: Decentralized Identity (Self Protocol) 19:51 - Hackathon Prizes & Closing Remarks _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇹🇼 *Pragma Taipei* Pragma Taipei 2025 was held on April 3rd at POPOP in Taipei, Taiwan and was an in-person summit for builders and leaders in the web3 ecosystem. Watch the full Pragma Taipei YouTube Playlist here: ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Follow Marek Olszewski X: https://x.com/marek_ ✅ Follow Celo X: https://x.com/Celo ✅ Follow Kartik Talwar X: https://x.com/TheRealKartik ✅ Follow ETHGlobal X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/@UCfF9ZO8Ug4xk_AJd4aeT5HA _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Are you interested in Ethereum development and entrepreneurship? 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _