Question 1

What is Taiko (TAIKO)?

Accepted Answer

Taiko is a fully open-source, permissionless, Ethereum-equivalent Zero-Knowledge Rollup (ZK-Rollup) designed to scale Ethereum while maintaining compatibility with the Ethereum ecosystem. As an Ethereum Layer 2 solution, Taiko allows developers to deploy their decentralized applications (dApps) without modifications, ensuring the same developer experience as Ethereum Layer 1. Taiko achieves this through a Zero-Knowledge Ethereum Virtual Machine (ZK-EVM), enabling efficient and secure scaling without compromising decentralization or security.

Question 2

What is Taiko (TAIKO) used for?

Accepted Answer

Taiko is used to improve the scalability and efficiency of Ethereum-based dApps and transactions. By operating as a ZK-Rollup, it reduces congestion and costs on Ethereum Layer 1 by batching transactions and executing them off-chain while maintaining Ethereum's security guarantees. Taiko supports a broad range of use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and more. Its Ethereum-equivalent design ensures seamless interaction with existing Ethereum tools, wallets, and smart contracts.

Question 3

# Key Features

Accepted Answer

* Ethereum Equivalence: Taiko replicates Ethereum's Layer 1 environment, allowing developers to use existing Ethereum tools and dApps without changes.
* ZK-EVM: Taiko employs a Zero-Knowledge Ethereum Virtual Machine, enabling privacy-preserving and efficient transaction validation.
* Permissionless Rollup: Taiko is designed to be fully decentralized and permissionless, allowing anyone to participate in its operation.
* Contestable Rollup: Taiko uses a "contestable rollup" architecture, where validity proofs and challenges ensure protocol security and correctness.

Question 4

# Governance and Consensus Mechanism

Accepted Answer

Taiko’s governance is protocol-based, with mechanisms written into the smart contracts that define the system. Taiko uses multiple tiers of proofs, including Zero-Knowledge proofs and trusted execution environments (TEEs), to maintain the integrity of its rollup operations. Over time, the reliance on centralized elements like Guardian proofs will be reduced as the protocol evolves.

Question 5

Who created Taiko (TAIKO)?

Accepted Answer

Taiko is developed by Taiko Labs, a team dedicated to building Ethereum-equivalent Layer 2 solutions. The project emphasizes transparency and community involvement, with its open-source code available for review and contributions. Governance and future protocol upgrades are also part of Taiko's decentralized approach.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	TAIKO-USDT TKOUSDT_SPBL	bitget	BB	0.09080USDT	-1.52%	1,737,956.79TAIKO	12,072	0.09220USDT	0.09380USDT
2	TAIKO-USDT TAIKOUSDT	bybit	A	0.09066USDT	-1.63%	628,534.49TAIKO	2,407	0.09216USDT	0.09365USDT
3	TAIKO-USDT TAIKO-USDT	kucoin	BB	0.09080USDT	-1.52%	287,365.34TAIKO	999	0.09220USDT	0.09370USDT
4	TAIKO-USDT TAIKO_USDT	gateio	A	0.09076USDT	-1.49%	240,487.00TAIKO	1,810	0.09213USDT	0.09369USDT
5	TAIKO-USDT taikousdt	huobipro	C	0.09080USDT	-1.41%	15,902,877.86TAIKO	25,344	0.09210USDT	0.09370USDT
6	TAIKO-USDT taiko_usdt	lbank	C	0.09071USDT	-1.40%	11,015,962.16TAIKO	82,872	0.09200USDT	0.09364USDT
7	TAIKO-KRW KRW-TAIKO	upbit	B	122.00KRW	-2.40%	2,331,314.23TAIKO	920	125.00KRW	127.00KRW
8	TAIKO-USDT TAIKOUSDT	bitrue	D	0.09200USDT	-1.08%	1,611,629.90TAIKO	34,891	0.09300USDT	0.09500USDT
9	TAIKO-USDT TAIKOUSDT	toobit	C	0.09077USDT	-1.50%	899,003.00TAIKO	6,783	0.09215USDT	0.09370USDT
10	TAIKO-USDT TAIKO_USDT	bitunix	C	0.09075USDT	-1.59%	754,521.00TAIKO	6,048	0.09222USDT	0.09373USDT
11	TAIKO-USDT TAIKOUSDT	mexc	C	0.09070USDT	-1.41%	517,552.95TAIKO	7,763	0.09200USDT	0.09390USDT
12	TAIKO-KRW TAIKO_KRW	bithumbkorea	-	122.00KRW	-0.81%	512,645.88TAIKO	131	123.00KRW	125.00KRW
13	TAIKO-USDT TAIKO_USDT	coinw	-	0.09100USDT	-1.09%	201,382.76TAIKO	1,670	0.09200USDT	0.09370USDT
14	TAIKO-EUR TAIKO-EUR	bitvavo	B	0.08098EUR	-1.53%	111,186.91TAIKO	70	0.08224EUR	0.08350EUR
15	TAIKO-THB THB_TAIKO	bitkub	C	2.97THB	0.00%	0TAIKO	0	2.97THB	2.97THB
16	TAIKO-KRW TAIKO_KRW	coinone	C	124.90KRW	-0.79%	1,392.88TAIKO	5	125.90KRW	125.90KRW
17	TAIKO-IDR taikoidr	indodax	E	1,646.00IDR	-0.24%	1,223.01TAIKO	16	1,650.00IDR	1,687.00IDR
18	TAIKO-KRW taiko_krw	korbit	C	131.00KRW	0.00%	0TAIKO	0	131.00KRW	131.00KRW
19	TAIKO-USDT USDT-TAIKO	upbit	B	0.1061USDT	0.00%	0TAIKO	0	0.1061USDT	0.1061USDT
20	TAIKO-BTC BTC-TAIKO	upbit	B	0.0₆9600BTC	0.00%	0TAIKO	0	0.0₆9600BTC	0.0₆9600BTC
21	TAIKO-USDT TAIKOUSDT	hitbtc	E	0.08344USDT	0.00%	0TAIKO	0	0.08344USDT	0.08344USDT