The Jello Hardfork is complete: OP Succinct Lite is activated on Celo mainnet! π
@cLabs & @SuccinctLabs have ushered in the next chapter of Celo's ZK revolution, enhancing security & scalability
Celo is now a ZK fault-proof rollup - let's dive into what that means β
For the global ecosystem & the 700K+ users leveraging the network daily, this unlocks:
β Stronger security guarantees
β Greater censorship resistance
β Enhanced scalability to support growing real-world payment usage
All while maintaining sub-cent fees & mobile optimization
As the first network to ship OP Succinct Lite on mainnet, Celo benefits from:
β Faster, more secure verification
β ZK-powered, non-interactive fault proofs
β Independent challengers verifying the sequencer
Celo's Challenger Set is comprised of five independent ecosystem challengers & one challenger operated by @cLabs
The challengers are actively verifying sequencer behavior & enforcing proofs so users know their transactions are real, final, and cannot be tampered with
Congratulations @cLabs on the seamless hard fork! π
Here's to the future of fast, accessible, onchain global payments
Did you get a chance to catch Celo's Head of Growth, @AnnaAlexaK on the @Binance Blockchain Week livestream, chatting about recent updates & what to expect in Dubai?
3) What to expect:
β Keynote from Celo Co-founder @RegenRene on financial inclusion & real world payments
β @ericnakagawa, Co-founder & CEO of @SelfProtocol on building the internet of value & verified humans
π L2 Alert: A Special-Edition EthCC Announcement from @CeloOrg & @cLabs π£
1/
After months of research & initial discussions with Celo & Ethereum community members, @cLabs proposed a major upgrade yesterday for Celo to migrate from an EVM-compatible L1 β an Ethereum L2, initially leveraging OP Stack, w/ key differentiators:
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(1) Decentralized sequencer powered by Celoβs existing validator set
(2) Off-chain data availability via @EigenLayer and EigenDA (operated by Ethereum node operators) and;