Ethereum Layer 2 Taiko Live On Mainnet

The post Ethereum Layer 2 Taiko Live On Mainnet appeared first on Coinpedia Fintech News

The Ethereum-based rollup Taiko is launched on the Ethereum mainnet as Vitalik Buterin proposed the inaugural block on Taiko’s mainnet. At the initial stage, Taiko’s rollup protocol contracts on Ethereum are controlled by a multisig arrangement. Taiko has a type-1 zero-knowledge virtual machine designed to emulate the Ethereum architecture, which includes a multi-proof proving system. Initially, Taiko will control block proposing and proving for the first two weeks after launch to ensure network stability. Taiko Token is expected to launch a few weeks after the main net goes live. Taiko also plans to introduce a points incentive program called Trailblazers to engage its community by rewarding them for completing tasks and interacting with the network. 

Related posts

TerraClassic’s (LUNC) Price Surge Gives Traders Hope

EdaFace Admin

Profit Peaks on the Horizon Bitcoin Spark, Dogecoin, and Solana

EdaFace Admin

A Mix of Dogecoin and Stellar DeFi Solutions

EdaFace Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More