Taiko is a decentralized Layer2 blockchain protocol that uses a Zero Knowledge Ethereum Virtual Machine. It is designed to be the most Ethereum-equivalent and general-purpose Zero Knowledge Rollup. Taiko aims to provide a scalable and efficient platform for decentralized applications developers and users, allowing them to leverage the power of Ethereum Layer 1 without having to make any changes to their existing dApps
The token has suffered a rocky start, however, dropping 30% to $2. Its token valuation makes it the 15th largest among Layer 2 networks in terms of market cap, and the 7th largest in terms of FDV so far 24hour trading volume of $400 million dollar which is good
Eligible users include Taiko proposers, which determine the transaction sequence in a block; provers, which prove a block’s transition from one state to another; bridgers, allowing for users to lock ETH and receive funds on Taiko, developers, Github contributors, and members of the DEX Loopring community.
For users that did not qualify for this round's airdrop, Taiko has allocated 10% of the total supply to their upcoming Trailblazer program. The program looks to reward users that “explore” the ecosystem, and the project has established a number of special boosts for users engaging with the community and the protocol. next targets are 3 and 3.5$