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
Bitcoin Price Annual Forecast: 2025 outlook brightens on expectations of US pro-crypto policyBitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December.
Author  FXStreet
Dec 19, 2024
Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, 2025
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike betsGold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.
Author  FXStreet
Aug 05, Wed
Gold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.
placeholder
Bitcoin Price Forecast: Persistent ETF inflows, easing Middle East tensions lift risk appetiteBitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
Author  FXStreet
Aug 06, Thu
Bitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
placeholder
NFP or Iran: Which factor will break the US Dollar Index out of its consolidation?The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
Author  FXStreet
16 hours ago
The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
Related Instrument
goTop
quote