Taiko has raised an enormous amount of cash to understand its imaginative and prescient of changing into the Ethereum-equivalent ZK rollup – bringing in round $37 million {dollars} to this point. The checklist of buyers is so long as it’s spectacular with the likes of Lightspeed Faction, Token Bay Capital and OKX Ventures all collaborating.
What makes Taiko completely different?
Decentralisation is the core worth that’s driving the event of Taiko. The imaginative and prescient is to be leaderless and fully neighborhood pushed, which is backed up by their totally open supply code.
They’re launching with a totally decentralized proposer and prover set (aka sequencer and validator), permitting anybody to carry out these duties with out restrictions – one thing no different Layer 2 at the moment has.
Finally, Taiko is trying to resolve the blockchain trilemma by offering zk proof safety, layer 2 scalability and true decentralisation.
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