Vitalik Tweets Highlighting Taiko as a Low-Fee Decentralized Based Rollup, Underscoring Ethereum's Future Scaling Potential

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September 16, 2024
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ChainCatcher News: Vitalik Buterin Emphasizes Affordability of Layer 2, Crucial for DeFi Adoption

Vitalik Buterin recently tweeted that Layer 2 (L2) technology is finally becoming affordable, a key factor in achieving widespread adoption of decentralized finance (DeFi). He had previously argued in 2020 that low transaction fees were essential for the crypto industry's success, and this is only now becoming a reality.

Robert Sasu, a core engineer at MultiverseX, responded by saying that L2 is currently only inexpensive in centralized settings. Vitalik disagreed, pointing to Taiko as a decentralized based rollup solution, demonstrating that fees for decentralized L2s like Taiko have reached an acceptable level. Sasu agreed but added that rollup-based solutions are still a minority and hopes to see more projects migrate to this architecture.

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