Vitalik Buterin proposes the first block on Taiko mainnet, appreciates Ethereum-equivalent rollup

Source Fxstreet
  • Ethereum cofounder Vitalik Buterin proposed the first block on Taiko mainnet. 
  • Buterin appreciated the Layer 2’s rollup based approach to scale Ethereum. 
  • Taiko recently announced the eligibility for its TKO token airdrop. 

Vitalik Buterin proposed Ethereum-equivalent Layer 2 rollup Taiko’s first block on its mainnet. The Ethereum co-founder appreciated the project for launching as a based rollup and adopting a different approach than other Layer 2 chains. 

Ethereum benefits from scaling solutions adopting different approaches to the same challenge posed by the chain, slow transaction speed and throughput. 

Buterin proposes first block on Ethereum-equivalent Layer 2 rollup

Vitalik Buterin, co-founder of Ethereum supports projects that scale Ether, Layer 2 chains. Buterin supports Taiko, a blockchain that labels itself an Ethereum-equivalent rollup. The Ethereum co-founder acknowledges that Taiko has taken a different approach to tackle the scalability problem of the Ethereum blockchain. 

Buterin proposed the first block on the project’s mainnet and wrote on the block: I'm excited to see that Taiko is launching as a based rollup. Ethereum benefits from L2s taking a plurality of different approaches, and I appreciate them being among the first to go in this direction.

Layer 2 chains are focused on increasing transaction speed (for faster finality) and transaction throughput (higher number of transactions per second) without giving up on decentralization and security. 

Buterin appreciated Taiko for their innovative rollup based approach when most Layer 2 chains run parallel chains to reduce cost and transaction processing time. 

In an official tweet, Taiko recently announced the TKO token airdrop. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Silver Price Analysis: Climbs above $80, as bulls eye weekly highSilver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Author  FXStreet
15 hours ago
Silver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
placeholder
April NFP Lands at 8:30 AM Today — 65K Forecast, a New Fed Chair, and the Dollar at Triple-Bottom SupportApril 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
Author  TradingKey
Yesterday 10: 55
April 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
placeholder
WTI falls to near $93.50 after Israel, Iran signal an end to hostilitiesWest Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
Author  FXStreet
Yesterday 01: 21
West Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
placeholder
WTI and Brent Futures Both Fall Below $100 Mark, Have Oil Prices and Energy Sector Peaked?WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
Author  TradingKey
May 07, Thu
WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
placeholder
Bitcoin jumps to three-month high as US–Iran talks unwind oil risk premiumGlobal markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Author  Cryptopolitan
May 07, Thu
Global markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Related Instrument
goTop
quote