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

- Speakers: [Marek Olszewski](https://streameth.org/speakers/marek-olszewski)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2025-10-09
- Duration: 20:40
- Topics: Celo, Ethereum L2, OP Stack, EigenDA, stablecoins, USDT, low transaction fees, 1-second block times, Opera Mini Pay, Valora, real-world adoption, AI agents, CXAI, decentralized identity, Self Protocol, ZK passport, biometric verification, hackathon, blockchain scalability, crypto payments, web3
- Watch: https://streameth.org/watch/yt-xJ86DMy_mmA
- YouTube: https://www.youtube.com/watch?v=xJ86DMy_mmA

## Description

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

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🇹🇼 *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. 

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✅ 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 

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