Taiko aims to build a configurable and open source rollup. Taiko can be cnfigured as ZK rollup, optimistic rollup, or anything in between, combining of optimistic and ZK- rollups can maximally reduce costs and increase decentralization.
Taiko’ s major differentiators from other rollups is that it is a based rollup. That is, it’s sequencing is driven by the base Layer 1. On Taiko, there is no centralized individual sequencer, so its sequence ability dependent on Ethereum Layer1 validator.
In Taiko, the problem of traditional parallel proving is solved by using the off chain prover market (PBS Style). In this process, Taiko's native governance token, $TAIKO, maintains the security of this process:
- When a participant proposes a new block, he must submit a proof within a limited time. If it is not submitted on time, or other participants submits proof ahead, part of the promised token ($TAIKO) will be issued to the actual prover, and the rest will be burned.
