Korean legendary crypto VC Hashed: Why did we invest in Taiko?

author: Ryan Kim, Edward Tan, Dan Park

Compiled by: Xiaobai Navigation coderworld

Imagine a world whereEthereum’s scalability is endless, transactions are lightning fast, and user privacy is sacrosanct.This is not a distant dream but a rapidly approaching reality, and it’s all thanks to Taiko.

asMajor InvestorsWe are excited to support Taiko’s journey to revolutionize the Ethereum ecosystem.Type-1 ZK-VMTechnology is leading this change. Today, as they launch their mainnet, we are on the cusp of an unprecedented leap in technological innovation.

Despite the challenges of integrating ZK with the EVM, Taiko’s Type-1 ZK-VM technology (by CEO Daniel Wang Launched in 2023) is a breakthrough. CTO Brecht Devos and CFO Terence Lam Also involved, the experienced team successfully launched multiple public testnets within a year and demonstrated impressive metrics.

The Taiko team brings a wealth of experience from their Loopring background.Loopring One of the earliest ZK rollups. This foundation equips them with the knowledge and skills needed to tackle the complex challenges of Ethereum scalability. The management team has been working together for more than five years, which is very rare in the field, further consolidating their cohesiveness and effective approach to innovation.

Taiko aims to increase Ethereum's scalability by 1,000 times, providing developers with a UI and experience consistent with the EVM. This means that any EVM-compatible L1 project can seamlessly transition to Taiko by simply copying and pasting its code. L2.

A unique feature of the Taiko method isDecentralization of proposers and validators,To prevent single point of failure. Taiko appliedBased RollupTo achieve the decentralization of the ordering process within the protocol. In this setup, Ethereum validators complete the ordering, because Based Rollup allows ordering on the underlying L1 chain. In addition,Taiko's Based Contestable Rollup (BCR)Allows application chains to adopt newer, more efficient validity proofs without changing Taiko’s core protocol.combineMulti-Proof, which reduces potential vulnerabilities and intelligence in the protocolcontractMistakes make TaikoXiaobai NavigationThe only one that implements this functionL2.

These features attracted more than 100 DApp Enter Taiko's testnet. Taiko has established partnerships with EtherScan, USDC, Pyth, multiple DeFi protocols and bridges. With Uniswap's announcementDeploy Uniswap V3 on Taiko MainnetWe expect other major protocols to make similar announcements once their mainnets are live. It is worth noting that Taiko has the largest Discord Community，凸显了强大的社区参与和支持。

Taiko also has an extensive technology roadmap with many promising technologies:

1. Based “Booster” Rollup (BBR):Booster Rollup provides native Ethereum L1 DAppExtensions to enhance the basic Rollup. BBR enables atomic cross-Rollup transactions between all L2s while maintaining the L1 ordering advantages. After launching BCR on the mainnet, Taiko plans to upgrade to BBR or launch a separate BBR L2 as a major milestone.

2. Inception Layers:This involves using Taiko as both the L2 and L3 layers, making it possible to run multiple parallel L2 instances simultaneously and deploy L3 on top of them. Leveraging Taiko's equivalence to Ethereum, scalability limitations can be addressed, allowing multiple Rollups to coexist. Through Inception Layers, this approach ensures extensive scalability while maintaining interoperability between different layers through Merkle proofs, thereby preventing fragmentation.

Taiko 得到了以太坊社区知名人士的支持，包括Vitalik Buterin和Justin Drake。这一认可凸显了Taiko技术的可信度和潜力。凭借如此强大的基础和清晰的愿景，Taiko有望成为以太坊扩展性和创新未来的基石之一。我们很高兴能参与这段旅程。

The article comes from the Internet:Korean legendary crypto VC Hashed: Why did we invest in Taiko?

Related recommendation: KIP Protocol: Web3 and decentralization AI New Exploration

KIP Protocol的核心使命是打破现有的AI垄断，推动去中心化AI的发展。 随着Blockchain和AI技术的迅速发展，新的应用场景和商业模式不断涌现。在这一波创新浪潮中，KIP Protocol成为了一个引人注目的新星。在近期由Inspect DAO举办的AMA中…