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What is Taiko?

Basic Overview of the Ethereum Scaling Solution šŸ§µ

Source: https://github.com/taikoxyz/taiko-mono/tree/main/packages/branding/RBG%20PNG%20(For%20Digital%20Use)/Taiko%20Logos

To make Ethereum accessible to more people.

We need a higher throughput and wayyy cheaper fees.

We need a scaling solution.

Here is where Taiko comes in.

But is Taiko?

Taiko is a ZK-EVM.

Key Advantages:

Open Source (anyone can contribute on GitHub)

Decentralized (open to anyone)

Type 1 ZK-EVM (Ethereum-equivalent and allows for maximum compatibility for smooth the building experience while solving blockchain trilemma)

Source: https://vitalik.ca/general/2022/08/04/zkevm.html

Taiko's Core Principles:

šŸ”’Secure

šŸ”³Minimal

šŸ„ŠRobust

šŸŒŽDecentralized

šŸ„‚Permissionless

šŸ‘„Ethereum-Equivalent

Concerns:

Since it's currently on Testnets.

You are free to play with it however you want.

Once the mainnet rollout starts, important concerns can be highlighted to the corresponding level of development.

Generally speaking, be careful and patient with your funds.

Source: l2beat.com

What's next?

Taiko is currently in the Alpha-3 Testnet.

Here's the full roadmap shared.

Mainnet is expected in Early 2024!

Source: https://taiko.mirror.xyz/NfYQFzzkcEIy3jU9PTBo-nem2HlNiZre-3WwLnbGnwQ

Curious about more?

Follow @taikoxyz

Checkout:

https://taiko.xyz/

https://taiko.mirror.xyz/

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