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Vitalik: Taiko is a cost-effective decentralized L2, which will promote the popularization of DeFi

Vitalik: Taiko is a cost-effective decentralized L2, which will promote the popularization of DeFi

Bitget2024/09/16 07:47

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.

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