Taiko.eth 🥁 (@taikoxyz): Taiko is ready to come back online.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- TAIKO+85Positive
Taiko is ready to come back online. The June 21 attack path is closed, the fixes have been reviewed by independent security experts, and we have a clear, staged plan to restore the chain. We're doing it in four careful steps, to ensure user’s security and stability before it goes live: 1. Deploy the fixes and confirm the chain's finalized state is correct, with no forged checkpoints or attacker claims reachable. This will go through the Security Council. 2. Replenish the bridge so every L2 asset is backed 1:1, verifiable on-chain by anyone. 3. Bring the network back: transfers, swaps and trading on L2, live again. 4. Reopen the bridge: after we see the chain finalizing successfully and the network stable, the bridge will be unpaused via a proposal from our Security Council. At this point, operations have been fully restored and users will be able to move funds to and from Taiko freely. We're reopening with conservative withdrawal quotas as an added safeguard, which we don't expect to limit anyone's ability to move assets. No user will lose funds. We're coming back stronger than before. We'll never DM you first and there's no claim site, only trust this account.