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Marek Olszewski

👤 Speaker
481 total appearances

Appearances Over Time

Podcast Appearances

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

As a chain that transitioned from an L1 to an L2, I'm just surprised when anyone launches an EVM-compatible alt L1.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think those days should be long behind us.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think if you're launching an EVM chain, you should launch it as an L2.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think if Tempo is successful, it will transition to become an L2.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I mean, Ethereum is continuing to be, you know, just a place for DeFi, right?

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Yeah.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

It's, they just, it doesn't matter how much any other kind of AltL1 is trying to compete, you know, liquidity continues to go to Ethereum.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And with the AltL scaling centric roadmap,

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Now there is just a way for any chain, you don't have to be EVM compatible, but if you're EVM compatible, it's even more of a no-brainer to tap into both the liquidity, but also into the network effects that Ethereum has formed around all of the L2s that have been created.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And I think maybe right now it doesn't feel like being in L2 gives you that much because we don't yet have incredible interop between L2s or between mainnet and L2s.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

But that's going to be solved in the next year or two, right?

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think increasingly all of the effort on lowering block times, on reducing finality on Ethereum,

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Coupled with all of the amazing ZK tech innovation will effectively be mean that all L2s will be able to, you know, fully validate their chains on Ethereum and have, you know, like six second finality.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And that means that you'll be able to send messages between Ethereum and these L2s and between L2s and other L2s.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And that means you'll be able to send a lot of this liquidity that exists today in the ecosystem.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

So to me, it just seems such a no-brainer.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I mean, it's one reason why we worked so hard on adding ZKT to Celo last month.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think you guys talked about this in one of your shows.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Celo had its fourth hard fork of the year.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

We really had quite an incredible year last year.