Built on Taiko
We are incredibly excited to be one of the first DeFi applications built on Taiko. Taiko scales Ethereum in a manner that emulates Ethereum as closely as possible - both technically and non-technically. More specifically, Taiko is an Ethereum-equivalent ZK-Rollup, scaling Ethereum by supporting all EVM opcodes in a layer-2 architecture that is decentralized, permissionless, and secure.
Benefits of Taiko
Permissionless and decentralized: Taiko is a based rollup, possibly the first of its class. Lacking a centralized sequencer, it relies on Ethereum validators to sequence transactions and blocks, elevating Taiko's permissionless and decentralized ethos.
Frictionless developer experience: Taiko utilizes an Ethereum-equivalent ZK-EVM (type-1) to achieve execution-level compatibility with Ethereum, essentially offering "Ethereum at scale.”
Highly configurable and future-compatible: Designed as a Contestable Rollup, Taiko permits app chains to define their proof systems and to embrace newer, more efficient validity proofs as technology progresses, all without the need to amend Taiko's core protocol.
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