The Ethereum ecosystem has become extremely popular with the passage of the Ethereum ETF and the arrival of the bull market. Among them, the launch of the L2 project TAIKO coin has attracted widespread attention and huge discussions in the currency circle. It is understood that TAIKO coin is the native token of the Taiko protocol. As a project of Type-1zkVM, it is the first project to implement the concept of Multi-proofs, aiming to further improve system security and robustness while supporting efficient and low-cost processing. With complex calculations and large-scale transactions, the recent airdrop activities of this project are also very popular. Investors are particularly concerned about the total issuance of TAIKO coins. According to official data, the total circulation of TAIKO coins is 1,000,000,000. The editor below will tell you in detail.
The total circulation of TAIKO coins is
one thousand pieces. TAIKO coin is the native token of the Taiko network, designed to reward block validators and as part of transaction fees in the Taiko network. Taiko aims to be
Type-1zkVM: zkVM, as a general-purpose computing platform based on ZKP, is able to verify the correctness of calculations without revealing execution details. It also supports processing computationally heavy tasks outside the chain and only submits the verification results to the blockchain, which greatly improves the scalability of the blockchain. In addition, compared with other solutions, Type-1zkVM is completely equivalent to Ethereum and is an EVM that can run directly on the Ethereum chain. However, there is a high technical threshold, so there are not many projects pursuing Type-1zkVM in the industry. , Taiko is one of them. Based on Taiko, developers and users can experience Ethereum safely, with lower transaction fees and without making any changes to Ethereum. The BCR architecture based on Multi-proofs (multi-certifier interactive proof) further expands Taiko's advantages in cost, efficiency and security. The highest price of TAIKO coin was
3.8USD, which occurred on
June 5, 2024, and the lowest price was
2.08USD, which appeared on
June 5, 2024. But this project is released late, and the highest and lowest prices may change. Taiko is a decentralized Ethereum equivalent zkRollup project aiming to extend Ethereum with zkEVM technology. The Taiko protocol is also a core component of Taiko's technical architecture. It defines and executes the rules of Layer2Rollup to ensure the correctness of transactions and the security of the network. Through smart contracts and decentralized verification, the Taiko protocol enables efficient scaling of Ethereum while maintaining its decentralized and secure features. The Layer2Rollup node is a key component in Taiko's technical architecture and is responsible for managing and executing transactions on Layer2 while interacting with Ethereum Layer1. Through Layer2Rollup technology, Taiko is able to increase Ethereum’s transaction throughput, reduce transaction costs, and maintain decentralization and security.
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