Ethereum ZK-Rollup expansion plan Taiko plans to launch the main network in early 2024

It is reported that Taiko, the expansion plan of Ethereum ZK-Rollup, released a road map and plans to launch the Alpha-2 test network this month, which includes the license-free proters and some ZK-EVM circuits, and will launch the main network in early 2024 to realize the complete ZK-EVM circuit, decentralized proposers and proters.

Ethereum ZK-Rollup expansion plan Taiko plans to launch the main network in early 2024

Interpretation of this information:

The Ethereum ZK-Rollup expansion plan known as Taiko has released a roadmap and plans to launch Alpha-2 test network this month. The network will include proters that are free of license and some ZK-EVM circuits. The main network is set to launch in early 2024, which will allow for decentralized proposers and proters as well as a complete ZK-EVM circuit.

This announcement indicates that Ethereum ZK-Rollup is moving closer towards the realization of the complete ZK-EVM circuit. Ethereum ZK-Rollup aims to improve the scalability and efficiency of Ethereum by providing solutions for data storage and transaction processing. The technology aims to provide faster transaction times at a lower cost with better security.

The release of the Alpha-2 test network will be an important milestone for Taiko. This network will allow users to test the functions of the network on a small scale. The test network will include license-free proters, which means that anyone can participate in the network. This makes the network accessible to more users and increases its decentralization.

The ZK-EVM circuit plays an important role in Ethereum ZK-Rollup. The circuit is designed to allow smart contract execution while maintaining the security and privacy of transactions. The main network launch in early 2024 will bring the complete ZK-EVM circuit, which is a critical component to achieving the goals of the Taiko expansion plan.

In summary, the launch of the Alpha-2 test network is a key milestone for Taiko as they move closer to launching the complete ZK-EVM circuit on the main network. Key features of the network include license-free proters, decentralized proposers and proters, and a complete ZK-EVM circuit. These features are designed to provide faster transaction times, lower costs, and better security.

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