Today, Taiko, the first-ever based rollup scaling Ethereum, activated binding on-chain governance, giving its community certain controls over protocol decisions, marking the beginning of a new direction that gives its community direct control over protocol decisions. The move comes with three major Board Diretor appointments: Harvard Business School’s Felix Oberholzer-Gee, former Binance regulatory chief Joy Lam, and IEEE Fellow Wen Yonggang.

The move addresses growing concerns about centralized control in Layer 2 networks, where most protocols retain override powers that can change user funds and protocol rules without community input. Unlike most L2s that use centralized…

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