Taiko (TAIKO)$1.48
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Taiko current price is $1.48 with a marketcap of $120.58 M. Its price is -2.20% down in last 24 hours.
Taiko is a fully open source, permissionless, Ethereum-equivalent ZK-Rollup. Using Taiko feels the same as using Ethereum. There are no centralized actors that operate the network; all operations are permissionlessly run by the community.
Taiko is a based rollup which makes Ethereum cheaper while maintaining its properties:
- Based contestable rollup: A configurable rollup to reduce transaction fees on Ethereum.
- Based booster rollup: An innovative approach to native L1 scaling.
Taiko is a highly configurable, fully open source, permissionless (based), Ethereum-equivalent rollup.
It can be easily configured as a fully ZK rollup, optimistic rollup, or anything in between. There are no centralized actors that operate the network; all operations are permissionlessly run by the community.
The Taiko protocol
Taiko Protocol: A set of smart contracts deployed on Ethereum that describe the Taiko protocol, a fully open-source scaling solution for Ethereum. In the most fundamental sense, this is what Taiko is. Even Taiko’s governance itself is written into the protocol contracts.
Organizations
- Taiko Community: Social groups/accounts run by anyone interested, including Taiko Discord, Taiko Twitter, etc.
- Taiko Labs: Research & development group for the Taiko protocol.
- Taiko Treasury: Funded by income from the Taiko protocol (L2 EIP-1559 congestion MEV).
- Taiko DAO (in progress): Governing body of Taiko Token (TAIKO) holders with voting rights over smart contract upgrades, network parameters, and more. Controls all aspects of the Taiko protocol smart contracts.
- Taiko Foundation: Stewards growth and development of the Taiko protocol and ecosystem. Works for the Taiko DAO and token holders, financing technical developments, ecosystem growth, partnerships, events, and more with full transparency.
- Taiko Security Council: Elected by the Taiko DAO to handle emergency actions. Ensures the safety of the Taiko protocol, implementing necessary upgrades or changes, and controls the Guardian Provers.