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Taiko: Mainnet will resume operations in four steps, the attack vulnerability has been fixed and a security review has been completed.

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Golden Finance reported that the Ethereum Layer2 project Taiko announced that its remediation plan has passed an independent security experts’ review. The mainnet will be restored in four steps, including: deploying the remediation plan and confirming that the chain’s final state is correct, ensuring that there are no forged checkpoints or attacker-submitted records that could be accepted; replenishing cross-chain bridge liquidity to ensure that all L2 assets remain fully backed on a 1:1 reserve basis; restoring network operations by reopening L2 transfer, swap, and trading functions; and, through a proposal by the security committee, lifting the cross-chain bridge suspension to fully restore deposit and withdrawal functions. Taiko said that during the initial phase of reopening, more conservative withdrawal limits will be set as an additional security measure, but it is not expected to affect users’ normal asset operations.
TAIKO0.63%
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