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
Nvidia Earnings Approach: Can It Drive a Nasdaq Rebound? What Should Investors Watch Most?On May 20, ET, NVIDIA ( NVDA )'s first-quarter fiscal 2026 earnings report, to be released after the market close, has become the market focus. The options market has already reacted; bas
Author  TradingKey
6 hours ago
On May 20, ET, NVIDIA ( NVDA )'s first-quarter fiscal 2026 earnings report, to be released after the market close, has become the market focus. The options market has already reacted; bas
placeholder
Gold Prices Fall Below Key $4,500 Mark, US Treasury Yields Rise for Seventh Day, Gold May Fall to $4,100On Tuesday (May 19), gold ( XAUUSD) closed at $4,481.89. The price confirmed a break below $4,500, further opening up the downside. On Wednesday, gold extended its downward trend from the
Author  TradingKey
13 hours ago
On Tuesday (May 19), gold ( XAUUSD) closed at $4,481.89. The price confirmed a break below $4,500, further opening up the downside. On Wednesday, gold extended its downward trend from the
placeholder
Gold falls below $4,500 on rising global rate hike bets Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops to its lowest since March 30 as persistent inflation fears keep interest rate hike expectations and Treasury yields high.
Author  FXStreet
15 hours ago
Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops to its lowest since March 30 as persistent inflation fears keep interest rate hike expectations and Treasury yields high.
placeholder
Bitcoin Price Forecast: BTC battles at key technical zone amid mixed flow signalsBitcoin (BTC) steadies around the key technical support on Tuesday after its recent correction. The Crypto King’s next directional move could hinge on this key technical zone.
Author  FXStreet
Yesterday 10: 07
Bitcoin (BTC) steadies around the key technical support on Tuesday after its recent correction. The Crypto King’s next directional move could hinge on this key technical zone.
placeholder
WTI declines below $102.00 after Trump says he called off Iran attacksWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $101.85 during the early Asian trading hours on Tuesday. The WTI price declines after US President Donald Trump said he was holding off a military attack on Iran planned for Tuesday at the request of Gulf states.
Author  FXStreet
Yesterday 01: 17
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $101.85 during the early Asian trading hours on Tuesday. The WTI price declines after US President Donald Trump said he was holding off a military attack on Iran planned for Tuesday at the request of Gulf states.
Related Instrument
goTop
quote