Taiko has raised a huge amount of money to realise its vision of becoming the Ethereum-equivalent ZK rollup – bringing in around $37 million dollars to date. The list of investors is as long as it is impressive with the likes of Lightspeed Faction, Token Bay Capital and OKX Ventures all taking part.
What makes Taiko different?
Decentralisation is the core value that is driving the development of Taiko. The vision is to be leaderless and completely community driven, which is backed up by their fully open source code.
They are launching with a fully decentralized proposer and prover set (aka sequencer and validator), allowing anyone to perform those duties without restrictions – something no other Layer 2 currently has.
Ultimately, Taiko is looking to solve the blockchain trilemma by providing zk proof security, layer 2 scalability and true decentralisation.
How to bridge to Taiko
rhino.fi makes bridging your assets across blockchains as easy as possible. Our collateralised bridging system is much faster than a traditional lock and mint system, allowing your funds to arrive at their destination in around 30 seconds.
To celebrate the launch of this exciting new ecosystem we are waiving ALL platform fees for the first month! All you need to do is pay gas (the native token is ETH).
Our bridging promotion will run from 27/05 – 27/06.
