With various zkEVM solutions reaching their respective mainnet launches in 2023, the race to scale Ethereum has never been hotter. Each solution provides its own benefits and edge against its competitors 💪
, which allows Dapps built in other languages to deploy on zkSync Era with relative ease, with minimal code modifications.Taiko is the newest player on the list, having only been founded in 2022. However, their team is not new to the space, as their founders worked onTaiko aims to be a Type 1 zkEVM, meaning that they are looking to be fully Ethereum-equivalent, rather than just EVM-equivalent.
In terms of their proving model, Taiko utilizes zkSNARK proofs for their rollup. Acknowledging the time required to generate proofs for zkSNARKs, Taiko has designed their protocol to circumvent the need to wait for a proof if the transaction happens on the rollup, only requiring it for cross-layer transactions such as bridging. This allows them to greatly reduce the time required for proof generation which is one key downside of zkSNARKs.
Taiko has currently deprecated their testnet Alpha-1 and is looking to launch their Alpha-2 sometime in March or April 2023. Their mainnet launch is currently slated for early 2024.With various zkEVM solutions reaching their respective mainnet launches in 2023, the race to scale Ethereum has never been hotter. Each solution provides their own benefits and edge against their competitors and not to mention, airdrop potential for most of them.
Moreover, players like StarkNet, that do not natively support EVM yet, are also exploring transpilers to bridge the gap in programming languages. The remainder of 2023 will certainly be an exciting time for zkEVMs as they battle for dominance in not just the zk-rollup space, but also against their optimistic counterparts.
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