Maximizing Ethereum Compatibility... Taiko (TAIKO) Accelerates Reinforcing Layer 2 Identity

Doohyun Hwang

Summary

  • Taiko emphasizes a structure optimized for Ethereum compatibility and a thoroughly decentralized sequencer, announcing plans to reinforce its identity as a true Ethereum Layer 2.
  • Taiko is focusing on close integration with Ethereum over its own ecosystem expansion, reporting that it is building a governance-centered ecosystem through the launch of a DAO and delegating key authorities to the community.
  • With initiatives like preconfirmation mainnet rollout, Taiko aims to improve user experience and provide a favorable development environment for Ethereum-based services by lowering entry barriers for developers.

Taiko (TAIKO), the first Based Rollup project in the Ethereum (ETH) ecosystem, is accelerating efforts to strengthen its identity as a 'true Ethereum Layer 2.'

Taiko prioritizes close integration with Ethereum over expanding its own ecosystem, and it is distinguished by designing its sequencer architecture to be thoroughly decentralized. Notably, Taiko recently officially launched its decentralized autonomous organization (DAO) and has been gradually transferring key protocol authorities to the community. In this process, it has been conducting inspections of on-chain systems such as governance bodies while focusing on building a community-driven ecosystem.

Ethereum has long shown scalability limitations. As on-chain transaction demand surged, fees skyrocketed and transaction delays repeated, prompting the emergence of numerous Layer 2 solutions as remedies. However, many projects have focused on expanding their own ecosystems rather than technical integration with Ethereum, resulting in side effects such as sequencer centralization and network fragmentation.

Taiko has taken a different approach from these trends. Its core differentiation is the adoption of identical architecture, interface, and account structure with Ethereum, so developers experience virtually no difference between Taiko and Ethereum.

In particular, Taiko rigorously upholds decentralization principles in its sequencer architecture. Instead of a centralized operator model, it is designed to allow anyone to participate as a sequencer, ensuring decentralization. The structural consistency and transparent consensus with Ethereum's main network are seen as factors that reinforce Taiko's position within the Ethereum ecosystem. Through expanded open-source contribution, infrastructure enhancement, and on-chain governance experiments, Taiko is also accelerating its community-centric operations.

The introduction of preconfirmation to the mainnet is also imminent. Preconfirmation is a function that guarantees transaction inclusion and ordering to users in advance, aiming to improve the inefficient finality procedures of rollups and enhance user experience. This demonstrates that Taiko is focused not only on technical performance, but also on improving real user experience.

Taiko is dedicated to building a developer-friendly environment. By offering a structure that enables seamless use of the Ethereum development environment without complex bridging processes, it minimizes learning overhead and lowers barriers to entry for developers. For developers building decentralized services on Ethereum, Taiko is emerging as an attractive option. The structure enabling instant application deployment without additional processes is why Taiko is referred to as the 'optimal Layer 2 for Ethereum compatibility.'

According to blockchain research company Populus, "Taiko is not a project that merely touts high transaction speed or low fees," adding, "It is an exemplary case of achieving scalability within a structure that is true to Ethereum's philosophy." They continued, "Taiko, with complete compatibility, open infrastructure, and decentralized sequencer architecture, is expected to realize community-driven governance," and, "This can contribute to the ecosystem as a true Ethereum Layer 2."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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