Vitalik: Taiko is a cost-effective decentralized L2, which will promote the popularization of DeFi
Ethereum founder Vitalik Buterin posted on X stating that Layer 2 (L2) technology has finally become affordable, which is key to the popularization of decentralized finance (DeFi). As early as 2020, he proposed that low transaction fees are the foundation for the success of the crypto industry, and this has only recently become a reality.
Robert Sasu, core engineer at MultiverseX, responded by saying that L2 currently only offers low costs in centralized situations. Vitalik disagreed with this view and pointed out that Taiko is a decentralized based rollup solution, indicating that the cost of decentralized L2 like Taiko has reached an acceptable level. Sasu agreed but added that rollup-based solutions are still in minority and hopes more projects will migrate to this architecture.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
