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Home»ADOPTION NEWS»Taiko (TAI) Network Introduces Completely Permissionless Proposals and Proofs
ADOPTION NEWS

Taiko (TAI) Network Introduces Completely Permissionless Proposals and Proofs

By Crypto FlexsJune 10, 20242 Mins Read
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Taiko (TAI) Network Introduces Completely Permissionless Proposals and Proofs
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According to taiko.mirror.xyz, the Taiko (TAI) network announced that proposals and proofs on its platform are now completely permissionless. This development makes Taiko the first rollup to offer this functionality, making it a pivotal step toward full decentralization.

Ultimate Foundation Rollup

The term “based rollup” was coined in a research post by Justin Drake, which defines a rollup as a based or L1 sequence if the sequencing is driven by a base layer 1 (L1). This means that the next L1 proposer can cooperate with the L1 searcher and builder to untrustingly include the next rollup block as part of the subsequent L1 block. Simply put, there is no centralized entity determining the order of blocks or transactions, so anyone can propose a roll-up block at any given time, ensuring complete decentralization.

Taiko’s approach to multiple proofs

To further strengthen the integrity of the network, Taiko is developing a multi-prover approach. This strategy aims to mitigate the risks associated with bugs and vulnerabilities inherent in proving systems, architectures, and implementations. Taiko uses different types of proofs (e.g. validity proofs and fraud proofs), different proof systems (e.g. SNARK and STARK), and different team implementations to ensure that if one proof is compromised, other proofs are protected from the same vulnerability. do. exploitation.

This multi-attestation approach highlights Taiko’s commitment to security and stability within the decentralized ecosystem. More information about Taiko’s multi-proof strategy can be found here.

Additionally, Taiko’s native token, TAIKO, can now be used on both centralized and decentralized platforms. Decentralized Exchange, users can earn rewards by participating as proposers and provers. The move is set to attract a variety of participants and further decentralize the network.

As part of our ongoing efforts to increase user engagement and network robustness, Taiko encourages users to set up nodes and join the network. Comprehensive instructions for running proposers and provers on the Taiko network can be found in that document.

It is worth noting that the transition to a permissionless network will take time and community effort. Taiko invites network participants to test and leverage its decentralized platform to contribute to its growth and resilience.

Image source: Shutterstock

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