Taiko (TAIKO)

What is Taiko (TAIKO)?

Taiko (TAIKO) is a cryptocurrency and blockchain project designed as a fully permissionless, Ethereum-equivalent ZK-Rollup. It aims to scale Ethereum by inheriting its security and decentralisation while providing a seamless user experience equivalent to Ethereum. Taiko does not require additional compiling, reaudits, or tooling, allowing for immediate compatibility and ease of use for developers and users alike. The network is built on the principles of decentralisation, security, and community alignment, ensuring that operations are fully decentralised from the outset​​.

What is Taiko (TAIKO) used for?

Taiko is used to scale Ethereum by providing a layer 2 solution that enhances transaction throughput and reduces costs while maintaining the security and decentralisation of Ethereum. It supports various decentralised applications (dApps) in sectors such as DeFi, gaming, social platforms, and infrastructure. By using Ethereum validators for transaction sequencing, Taiko ensures that it benefits from Ethereum's liveness and neutrality guarantees. The network also enables permissionless proposing and proving, allowing any participant to contribute to the network's operation and security without needing special permissions.

Who created Taiko (TAIKO)?

Taiko was developed by a community-driven team committed to building open-source, permissionless blockchain solutions. The project operates with the support of its community and is fully open-source, meaning anyone can use, modify, and contribute to its code. While specific individual founders are not prominently mentioned, the project emphasizes its community-centric approach, drawing support and contributions from a diverse group of developers and enthusiasts committed to Ethereum's vision of a decentralised and scalable blockchain ecosystem.