According to Odaily, Taiko, an Ethereum L2 network based on zkRollup, has announced that its protocol has been deployed on the Ethereum mainnet. The announcement was made on platform X. Following the launch on the mainnet, Taiko has revealed plans to introduce a Decentralized Autonomous Organization (DAO) later this year.
The move is part of a phased transition to gradually transfer control of the protocol to its community. Over time, the 'auxiliary wheel' will be reduced until the community achieves full governance. This strategic shift is expected to empower the community by giving them more control and influence over the protocol's future direction.
The deployment of the protocol on the Ethereum mainnet is a significant milestone for Taiko. It signifies the network's readiness for broader adoption and use. The introduction of a DAO is also a significant step towards decentralization, a core principle of blockchain technology. It will be interesting to see how this transition unfolds and how it impacts the Ethereum L2 network and its community.
