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Taiko (TAIKO): A Decentralized Ethereum-Equivalent ZK-Rollup

Intermediate
DeFi
May 27, 2024
8 min read
0

Ethereum's well-known scalability issues stem from its inability to increase network capacity while maintaining focus on its core principle of decentralization and security. Enter Layer 2 solutions: protocols built on top of existing blockchains that handle transactions off-chain to enhance scalability and efficiency while maintaining security. 

This article unpacks Taiko, a Layer 2 scaling solution that stands out for its full compatibility with Ethereum. Learn how this cutting-edge zero-knowledge rollup makes Ethereum’s blockchain more efficient and user-friendly for DApp developers and users, ensuring its dominance as a global settlement network.

Key Takeaways:

  • Taiko leverages zero-knowledge rollup technology to enhance Ethereum’s scalability and efficiency while maintaining its core principles of security and decentralization.

  • With features such as the Taiko Bridge, Swap functionality and an Explorer tool, Taiko offers a seamless and secure experience for users and developers that’s fully compatible with Ethereum’s existing infrastructure.

  • Looking to obtain Taiko tokens? Bybit ByStarter now offers TAIKO tokens.

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