LAYER 2 PROJECT TAIKO LAUNCHES FINAL TESTNET AHEAD OF PLANNED MAINNET RELEASE IN Q1

Summary from the TLDR Crypto newsletter

Ethereum L2 rollup project Taiko has announced the launch of its final testnet, Katla, with a mainnet launch expected sometime in Q1. Katla introduces a fresh rollup design, the multi-proof-based contestable rollup, aimed at enhancing decentralized applications' throughput and cost efficiency. Unlike other L2 rollups, Taiko leans on Ethereum validators for transaction and block sequencing, aiming to boost security and censorship resistance.