Marek Olszewski
👤 SpeakerAppearances Over Time
Podcast Appearances
Hello, thanks for having me.
Yeah, absolutely.
So Celo's been around for eight years.
We've been working on it, I guess, for eight years now.
We launched six years ago now.
And we are very laser focused on the P2P payment use case.
That was really the origin story.
We started by looking to build a mobile wallet on top of Ethereum.
That was back in the days of CryptoKitties, if you remember.
And, you know, it was very obvious back then that we couldn't build something that was normie-friendly online.
and could scale to billions of people on Ethereum back then.
And so that's ultimately what took us down the path of building our own L1.
But because we started in Ethereum, of course, we picked EVM and we focused heavily on making it as EVM compatible as possible, but with some bonus features to make it work better for that P2P use case.
And so that's the origin story.
We started building it with the mobile wallet at the same time, almost taking an Apple-like approach.
So Apple builds the software and hardware at the same time.
So we built the kind of flagship application and the platform at the same time.
And that made us build certain things that I think are different than other L1s and L2s.
We definitely took different design choices.
You can pay for gas with stablecoins on Celo natively without account abstraction.