Taiko
If you just want the most concentrated summary for Taiko, just read the Summarized paragraph. You can find more detailed research below.
Summarized
Taiko's development is a part of the Ethereum Foundation's Privacy and Scaling Explorations (PSE) team. Taiko merges two concepts, based rollups, and boosted rollups, to create a based boosted rollup (BBR). They also use a two-step block submission process to ensure that everyone has a fair and level playing field to submit blocks.
Detailed
Overview
Taiko is an innovative project that stands as an Ethereum equivalent ZK-Rollup, categorized as a Type 1 ZK-EVM. Taiko's development is a part of an initiative led by the Ethereum Foundation's Privacy and Scaling Explorations (PSE) team.
Based Boosted Rollup (BBR) concept
Based rollups are the best solution to keep the rollup decentralized, as it delegates the sequencing job to the L1. It allows ETH to scale natively without adding any risk to centralized sequencing. Boosted rollups allow the chain to work much, much faster. The BBR concept would allow developers to deploy a dApp on L1 once, and have it be on all other L2 chains. This significantly lowers transaction costs, and allows
Taiko is permissionless. Taiko believes creating and proposing blocks must be a fast and efficient process, and anyone should be able to add blocks to the chain on a level playing field. They achieve this by recording all block data required to reconstruct the post-block state onto Ethereum to make all the data decentralized and public. This means proposers are able to compete on transaction fees, and Maximum Extractable Value (MEV).
Block Submission process
The block submission process on taiko is split into two parts: proposal, and verification.
Once a block is proposed, the block is appended to the "proposed blocks list" stored on a contract Taiko has on ETH, called TaikoL1. Once registered, the protocol ensures everything is immutable, and can never be changed. Anyone can now calculate the post-block state, which is why the block is immediately verified. As a block is immediately verified, no one would know more about the latest state than anyone else, eliminating any unfair advantages. This is a visualisation of this process:
Heres a video from Taiko's team explaining how Proposers and Provers work on Taiko.
Noder is not onboarding any more new nodes for Taiko as the TGE is rumoured to be close. However, we have a number of other chains we are currently offering to newcomers to the Noder community, as well as a number of exciting opportunities in the pipeline. Join our community on Discord and make sure to follow us on Twitter to not miss anything.
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