diff --git a/CHANGELOG.md b/CHANGELOG.md
index d95e97c6..6194056e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 # Change Log
 
 ## [Unreleased]
+### Added
+- breaking: make it compatible with memo and react compiler #202
+### Removed
+- `memo` is removed as it is no longer necessary with #202
 
 ## [1.7.14] - 2024-03-08
 ### Changed
diff --git a/__tests__/e2e/__snapshots__/14_dynamic.ts.snap b/__tests__/e2e/__snapshots__/14_dynamic.ts.snap
index 5f72ddff..acb0004b 100644
--- a/__tests__/e2e/__snapshots__/14_dynamic.ts.snap
+++ b/__tests__/e2e/__snapshots__/14_dynamic.ts.snap
@@ -42,7 +42,7 @@ exports[`14_dynamic should work with recorded events 5`] = `
 
 exports[`14_dynamic should work with recorded events 6`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 2<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 4<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 2<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 4<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -50,7 +50,7 @@ exports[`14_dynamic should work with recorded events 6`] = `
 
 exports[`14_dynamic should work with recorded events 7`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 2<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 4<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 2<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 4<div>First Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -58,7 +58,7 @@ exports[`14_dynamic should work with recorded events 7`] = `
 
 exports[`14_dynamic should work with recorded events 8`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 34<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 34<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -66,7 +66,7 @@ exports[`14_dynamic should work with recorded events 8`] = `
 
 exports[`14_dynamic should work with recorded events 9`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 38<div>Last Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 38<div>Last Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -74,7 +74,7 @@ exports[`14_dynamic should work with recorded events 9`] = `
 
 exports[`14_dynamic should work with recorded events 10`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 38<div>Last Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 38<div>Last Name:<input value=""><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -82,7 +82,7 @@ exports[`14_dynamic should work with recorded events 10`] = `
 
 exports[`14_dynamic should work with recorded events 11`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 44<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 44<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 36<div>First Name:<input value="a"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
@@ -90,7 +90,7 @@ exports[`14_dynamic should work with recorded events 11`] = `
 
 exports[`14_dynamic should work with recorded events 12`] = `
 "
-    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 36<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 44<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 52<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
+    <div id="app"><h1>Counter</h1><div>numRendered: 28<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><div>numRendered: 33<div><span>Count: -1</span><button type="button">+1</button><button type="button">-1</button><input value="1"></div></div><h1>Person</h1><div>numRendered: 44<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div><div>numRendered: 49<div>Last Name:<input value="b"><button type="button">toggle</button></div><div>Age:<input value="0"></div></div></div>
   
 
 "
diff --git a/examples/09_reactmemo/src/TodoItem.tsx b/examples/09_reactmemo/src/TodoItem.tsx
index 6e353cbe..afafca63 100644
--- a/examples/09_reactmemo/src/TodoItem.tsx
+++ b/examples/09_reactmemo/src/TodoItem.tsx
@@ -1,5 +1,4 @@
 import React from 'react';
-import { memo } from 'react-tracked';
 
 import { useDispatch, TodoType } from './store';
 
@@ -9,8 +8,7 @@ type Props = {
 
 let numRendered = 0;
 
-// Use custom memo instead of React.memo
-const TodoItem = memo(({ todo }: Props) => {
+const TodoItem = React.memo(({ todo }: Props) => {
   const dispatch = useDispatch();
   return (
     <li>
diff --git a/examples/15_reactmemoref/src/TodoItem.tsx b/examples/15_reactmemoref/src/TodoItem.tsx
index 5a8baea6..68b92a4a 100644
--- a/examples/15_reactmemoref/src/TodoItem.tsx
+++ b/examples/15_reactmemoref/src/TodoItem.tsx
@@ -1,16 +1,16 @@
 import React, { forwardRef } from 'react';
-import { memo } from 'react-tracked';
 
 import { useDispatch, TodoType } from './store';
 
 type Props = {
+  // FIXME why this complaints?
+  // eslint-disable-next-line react/no-unused-prop-types
   todo: TodoType;
 };
 
 let numRendered = 0;
 
-// Use custom memo instead of React.memo
-const TodoItem = memo(
+const TodoItem = React.memo(
   forwardRef<HTMLInputElement, Props>(({ todo }, ref) => {
     const dispatch = useDispatch();
     return (
diff --git a/package.json b/package.json
index daa11ce0..b5c31305 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,10 @@
 {
   "name": "react-tracked",
   "description": "State usage tracking with Proxies. Optimize re-renders for useState/useReducer, React Redux, Zustand and others.",
-  "version": "1.7.14",
+  "version": "2.0.0-beta.3",
+  "publishConfig": {
+    "tag": "next"
+  },
   "author": "Daishi Kato",
   "repository": {
     "type": "git",
diff --git a/src/createTrackedSelector.ts b/src/createTrackedSelector.ts
index 35ce002d..c0de0668 100644
--- a/src/createTrackedSelector.ts
+++ b/src/createTrackedSelector.ts
@@ -14,12 +14,11 @@ export const createTrackedSelector = <State>(
 ) => {
   const useTrackedSelector = () => {
     const [, forceUpdate] = useReducer((c) => c + 1, 0);
-    const affected = new WeakMap();
-    const lastAffected = useRef<typeof affected>();
+    // per-hook affected, it's not ideal but memo compatible
+    const affected = useMemo(() => new WeakMap(), []);
     const prevState = useRef<State>();
     const lastState = useRef<State>();
     useEffect(() => {
-      lastAffected.current = affected;
       if (prevState.current !== lastState.current
         && isChanged(
           prevState.current,
@@ -35,11 +34,10 @@ export const createTrackedSelector = <State>(
       lastState.current = nextState;
       if (prevState.current
         && prevState.current !== nextState
-        && lastAffected.current
         && !isChanged(
           prevState.current,
           nextState,
-          lastAffected.current,
+          affected,
           new WeakMap(),
         )
       ) {
@@ -48,7 +46,7 @@ export const createTrackedSelector = <State>(
       }
       prevState.current = nextState;
       return nextState;
-    }, []);
+    }, [affected]);
     const state = useSelector(selector);
     if (typeof process === 'object' && process.env.NODE_ENV !== 'production') {
       // eslint-disable-next-line react-hooks/rules-of-hooks
diff --git a/src/index.ts b/src/index.ts
index 4993bf39..97ae345e 100644
--- a/src/index.ts
+++ b/src/index.ts
@@ -1,4 +1,3 @@
 export { createContainer } from './createContainer';
 export { createTrackedSelector } from './createTrackedSelector';
-export { memo } from './memo';
 export { getUntracked as getUntrackedObject } from 'proxy-compare';
diff --git a/src/memo.ts b/src/memo.ts
deleted file mode 100644
index 14068eab..00000000
--- a/src/memo.ts
+++ /dev/null
@@ -1,34 +0,0 @@
-import { createElement, memo as reactMemo, forwardRef } from 'react';
-import { trackMemo } from 'proxy-compare';
-
-import type {
-  PropsWithChildren,
-  NamedExoticComponent,
-  ComponentType,
-  ComponentProps,
-  MemoExoticComponent,
-} from 'react';
-
-export function memo<P extends Record<string, unknown>>(
-  Component: ComponentType<P>,
-  propsAreEqual?: (
-    prevProps: Readonly<PropsWithChildren<P>>,
-    nextProps: Readonly<PropsWithChildren<P>>,
-  ) => boolean,
-): NamedExoticComponent<P>;
-
-export function memo<T extends ComponentType<any>>(
-  Component: T,
-  propsAreEqual?: (
-    prevProps: Readonly<ComponentProps<T>>,
-    nextProps: Readonly<ComponentProps<T>>,
-  ) => boolean,
-): MemoExoticComponent<T>;
-
-export function memo(Component: any, propsAreEqual?: any) {
-  const WrappedComponent = forwardRef((props: any, ref: any) => {
-    Object.values(props).forEach(trackMemo);
-    return createElement(Component, { ...props, ref });
-  });
-  return reactMemo(WrappedComponent, propsAreEqual);
-}
diff --git a/website/docs/api.md b/website/docs/api.md
index 35897eb6..0c65cdb6 100644
--- a/website/docs/api.md
+++ b/website/docs/api.md
@@ -147,6 +147,9 @@ const Component = () => {
 
 ## memo
 
+`memo` is removed in v2. With v2, we can use `React.memo`.
+The description below only applies to v1.
+
 There is a utility function exported from the library.
 
 This should be used instead of `React.memo` if props
@@ -155,7 +158,7 @@ work correctly because a memoized component doesn't always render
 when a parent component renders.
 
 ```javascript
-import { memo } from 'react-tracked';
+import { memo } from 'react-tracked'; // v1 only
 
 const ChildComponent = memo(({ num1, str1, obj1, obj2 }) => {
   // ...
diff --git a/website/docs/caveats.md b/website/docs/caveats.md
index e368d93d..a27d4d50 100644
--- a/website/docs/caveats.md
+++ b/website/docs/caveats.md
@@ -19,7 +19,9 @@ const state2 = useTrackedState();
 You should use `useTrackedState` only once in a component
 if you need referential equality of objects in the state.
 
-## An object referential change doesn't trigger re-render if an property of the object is accessed in previous render
+## An object referential change doesn't trigger re-render if an property of the object is accessed in previous render (v1 only)
+
+:warning: This caveat only applies to v1. Since v2, we don't have such limitations.
 
 ```javascript
 const state = useTrackedState();
diff --git a/website/docs/tutorial-02.md b/website/docs/tutorial-02.md
index 586913cd..28c016ba 100644
--- a/website/docs/tutorial-02.md
+++ b/website/docs/tutorial-02.md
@@ -192,11 +192,8 @@ export default React.memo(TodoItem);
 ```
 
 This is the TodoItem component.
-We prefer primitive props for memoized components.
-
-If you want to use object props for memoized components,
-you need to use a special [memo](../api#memo) instead of `React.memo`.
-See [example/09](https://github.com/dai-shi/react-tracked/tree/main/examples/09_reactmemo) for the usage.
+We used to prefer primitive props for memoized components with v1.
+With v2, object props are also fine.
 
 ## src/NewTodo.js
 
diff --git a/website/docs/tutorial-03.md b/website/docs/tutorial-03.md
index 81796804..9a3b3dc4 100644
--- a/website/docs/tutorial-03.md
+++ b/website/docs/tutorial-03.md
@@ -278,11 +278,8 @@ export default React.memo(TodoItem);
 ```
 
 This is the TodoItem component.
-We prefer primitive props for memoized components.
-
-If you want to use object props for memoized components,
-you need to use a special [memo](../api#memo) instead of `React.memo`.
-See [example/09](https://github.com/dai-shi/react-tracked/tree/main/examples/09_reactmemo) for the usage.
+We used to prefer primitive props for memoized components with v1.
+With v2, object props are also fine.
 
 ## src/components/NewTodo.js