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TAIKOUSDT.PERP

Taiko

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Intro

Taiko (TAIKO) is an open-source, decentralized scaling solution for Ethereum. The ZK-EVM rollup is fully compatible with Ethereum, designed to operate as a decentralized, Ethereum-based network. It uses Ethereum validators for transaction sequencing, ensuring it inherits Ethereum’s robust security and decentralization without central oversight. This setup, known as based sequencing, simplifies interactions and maintains Ethereum's operational protocols and standards.

Taiko’s governance itself is written into the protocol contracts. As a permissionless network, Taiko allows any user to participate as a proposer or prover in network operations, emphasizing its open-source nature. There are no centralized actors that operate the network; all operations are permissionlessly run by the community. This aspect is critical for maintaining a transparent and decentralized governance structure embedded directly into the protocol via smart contracts.

Taiko introduces based contestable rollups (BCR) for dynamic fee optimization and based booster rollups (BBR) for native L1 scaling, enhancing network performance and cost-efficiency. Additionally, it supports multi-proofs and manages block states to ensure scalability and integrity.

Taiko integrates multi-proofs and block state management functionalities, crucial for scaling capabilities and ensuring transaction integrity across the network. Other key features like bridging capabilities and inception layers that combine optimistic and ZK-rollup advantages are also part of Taiko, facilitating interoperability and aiming to reduce costs and increase efficiency.