As the co-founder of Ethereum, Vitalik Buterin has played a great role in promoting the development of Ethereum. Therefore, any opinions and insights he expresses often trigger widespread discussions in the industry. On January 5, 2021, Vitalik Buterin mentioned a new way of submitting Rollups in the article "An Incomplete Guide to Rollups" , which allows anyone to submit batches of Rollups at any time. On March 23, 2023, Justin Drake, a researcher at the Ethereum Foundation, formally proposed the concept of Based Rollup on this basis. The core of this solution is to let Layer1, Ethereum, drive the sorter, which means that Based Rollup can better inherit the security of Ethereum and does not involve the competition for MEV. Based Rollup has therefore received special attention from community members such as Vitalik Buterin.
As the first project in the Based Rollup ecosystem, Taiko's development is closely related to the practical process of Based Rollup technology, so Taiko has also become one of the key Rollup solutions that the market pays attention to. So, what exactly is Based Rollup? Why has it attracted the attention of the market? What is its operating logic? What kind of optimization has Taiko made based on Based Rollup? What is the relationship between Taiko's previously launched Type 1 zkEVM and Based Rollup? With the above questions, the author will explore Taiko's core features and potential market impact in this research report.
Author: Shirley Li , Researcher at Web3Caff Research
Cover: Taiko
Word count: 10200+
Table of contents
- Preface
- Parsing Rollup
- How Rollup Works
- ZK Rollups and Optimistic Rollups
- Taiko's Upgrade Path
- Building Type 1 zkEVM
- Based Rollups by Justin Drake
- Taiko's Based Contestable Rollup (BCR)
- Taiko's Based Booster Rollup (BBR)
- Advantages and risks of Taiko
- Taiko’s roadmap and current development stage
- Taiko Ecosystem
- Taiko's competitive landscape
- Summarize
- References
