Taiko[TAIKO]
Taiko is a fully open-source Ethereum Layer 2 solution.
Taiko is an Ethereum-equivalent ZK-rollup scaling solution that is fully open-source, decentralized, and permissionless. Its primary goal is to address Ethereum’s scalability and high transaction fees by leveraging zero-knowledge proof (ZK-rollup) technology.
Taiko works by aggregating and processing transactions off-chain, then generating a ZK-proof that is verified on the Ethereum Mainnet. The bulk of computation is handled off-chain, which reduces the load on Ethereum's network. Taiko inherits Ethereum’s security model, as the ZK-proofs anchor directly to Ethereum’s decentralized consensus mechanism. This process allows for faster and cheaper transactions while maintaining the same level of security and trustworthiness that Ethereum offers.
Taiko also offers several important features to enhance its ecosystem. The Taiko Bridge enables secure asset transfers between Ethereum and Taiko’s Layer 2 network, ensuring consistency and security. The Swap feature allows for decentralized, low-fee token trading, while the Hekla Explorer provides transparency by allowing users to explore transactions, smart contracts, and ZK-proof confirmations.
Taiko works by aggregating and processing transactions off-chain, then generating a ZK-proof that is verified on the Ethereum Mainnet. The bulk of computation is handled off-chain, which reduces the load on Ethereum's network. Taiko inherits Ethereum’s security model, as the ZK-proofs anchor directly to Ethereum’s decentralized consensus mechanism. This process allows for faster and cheaper transactions while maintaining the same level of security and trustworthiness that Ethereum offers.
Taiko also offers several important features to enhance its ecosystem. The Taiko Bridge enables secure asset transfers between Ethereum and Taiko’s Layer 2 network, ensuring consistency and security. The Swap feature allows for decentralized, low-fee token trading, while the Hekla Explorer provides transparency by allowing users to explore transactions, smart contracts, and ZK-proof confirmations.
Layer 2ZK-Rollup
Current price
24h:3.32%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
72.8%All time low price
13.48%Token supply
0 TAIKO (0%)
1B TAIKO (100%)
$2
$1.04
$0
$1.04B
105.69M TAIKO (10.57%)