Blockchain innovation continues to accelerate, with major events like ETHDenver serving as a vital hub for developers, investors, and visionaries shaping the future of decentralized technology. Among the standout moments was Taiko’s community-driven event, co-hosted by leading investors Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital. The gathering brought together builders, venture capitalists, and ecosystem partners for an evening of dynamic discussions, strategic announcements, and shared enthusiasm for Ethereum scaling.
At the heart of the event was a celebration of community — a core pillar of Taiko’s mission. Attendees included notable figures such as Faze Banks, Cr0ss, Crypto Max, and ThreadGuy, reflecting the project’s growing influence across both technical and cultural spheres of Web3.
Building the Future: Taiko’s Journey in Ethereum Scaling
Since its inception in 2022, Taiko has emerged as a pioneering force in blockchain infrastructure. Through six successful testnet phases, the network has engaged over 1.2 million unique wallets, empowered 30,000+ proposers, and integrated 14,000+ provers — a testament to its robust decentralization model. Today, the Taiko ecosystem supports more than 100 live applications and has cultivated a vibrant Discord community of over 888,000 members.
Taiko’s foundational goal is clear: to build a decentralized, permissionless, and secure Layer 2 (L2) solution for Ethereum that maintains full compatibility with the Ethereum Virtual Machine (EVM). Unlike many L2s that compromise on equivalence or centralize critical components like sequencing, Taiko prioritizes Ethereum alignment in both technology and philosophy.
Core Keywords:
- Ethereum Layer 2
- ZK-Rollups
- Based Rollup
- Decentralized Sequencing
- EIP-4844
- Blockchain Innovation
- Testnet Participation
- L2 Scalability
Funding Momentum and Strategic Vision
In a major milestone ahead of its mainnet launch, Taiko announced a successful fundraising round totaling $37 million** across three stages. The most recent **$15 million Series A was led by top-tier firms including Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital, with participation from Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, and WW Ventures.
This funding underscores strong institutional confidence in Taiko’s long-term vision and technical roadmap.
What Is a Based Contestable Rollup (BCR)?
Taiko is advancing a novel architecture known as the Based Contestable Rollup (BCR) — a configurable, multi-proof rollup design featuring a unique contestation mechanism and based sequencing. Currently under testing on the Katla testnet, BCR is set to launch on Ethereum mainnet in the coming months.
The concept of based sequencing is revolutionary: instead of relying on a centralized sequencer, transaction ordering is handled directly by Ethereum L1 block builders. This ensures that Taiko inherits Ethereum’s security and liveness guarantees, minimizing trust assumptions and maximizing decentralization.
“With Ethereum scaling continuing to be the key missing piece in realizing Ethereum's vision of becoming a global settlement layer, we believe that Taiko has taken the right approach…”
— Kim Yongjin, Co-founder of Presto Labs
Embracing Ethereum’s Evolution: EIP-4844 Support
Taiko is fully aligned with Ethereum’s core upgrades. It will support EIP-4844 (proto-danksharding) from day one — a critical enhancement scheduled for March 2025 that introduces blob transactions to reduce data availability costs for L2 networks.
By integrating EIP-4844 at launch, Taiko ensures lower fees and higher throughput for users and developers, making scalable dApps more accessible than ever.
The Road Beyond BCR: Introducing Based Booster Rollup (BBR)
Following BCR’s deployment, Taiko plans to develop the Based Booster Rollup (BBR) — an evolution designed to solve liquidity fragmentation across L2s. With BBR, developers can deploy once on Ethereum and scale natively across multiple Layer 2 networks without complex bridging or duplicated liquidity.
This seamless interoperability could redefine how applications grow across the Ethereum ecosystem.
👉 See how cutting-edge rollup architectures are transforming decentralized finance.
Why Based Sequencing Matters
At a time when many L2s rely on centralized sequencers — creating potential single points of failure — Taiko champions based sequencing as the most decentralized and permissionless path forward.
By leveraging Ethereum’s own block-building infrastructure for ordering transactions, Taiko avoids introducing new trusted parties. This approach not only strengthens security but also ensures censorship resistance and long-term sustainability.
It’s this commitment to ideological and technical fidelity that has attracted praise from leading investors.
Investor Insights: Confidence in Taiko’s Mission
- Wintermute Ventures: “Taiko’s Ethereum-equivalence represents a landmark development… It emulates Ethereum both technologically and ideologically.”
- GSR: “Taiko's decentralized Type 1 zk-EVM will unlock new possibilities for innovation within the growing Ethereum ecosystem.”
- Flow Traders: “Their commitment to creating a more accessible and cost-effective blockchain… will advance the entire decentralized finance ecosystem.” — Michael Lie, Global Head of Digital Asset Trading
- WW Ventures: “The team has married technical expertise with a welcoming community — bridging the gap between veterans and newcomers.” — Adam Haklili, Managing Partner
These endorsements reflect more than financial support — they signal a shared belief in a future where scalability does not come at the expense of decentralization.
Frequently Asked Questions (FAQ)
Q: What makes Taiko different from other Ethereum Layer 2 solutions?
A: Taiko stands out through its fully EVM-equivalent design, decentralized Type 1 zk-EVM implementation, and use of based sequencing — ensuring maximum compatibility and security while avoiding centralized control.
Q: What is based sequencing, and why is it important?
A: Based sequencing uses Ethereum L1 block builders to order transactions instead of relying on a proprietary sequencer. This eliminates centralization risks and allows Taiko to inherit Ethereum’s security model.
Q: When will Taiko launch on mainnet?
A: Taiko is preparing for mainnet launch in 2025, with the Based Contestable Rollup (BCR) currently being tested on the Katla testnet.
Q: Does Taiko support EIP-4844?
A: Yes — Taiko will support EIP-4844 (proto-danksharding) from day one upon mainnet launch, reducing transaction costs for users and developers.
Q: How can I participate in the Taiko ecosystem?
A: You can join testnets, contribute code on GitHub, engage in community calls, or explore open roles on their job board to get involved.
Q: What are zk-Rollups, and how does Taiko use them?
A: zk-Rollups bundle transactions off-chain and post cryptographic proofs to Ethereum for validation. Taiko uses zero-knowledge proofs to enable scalable, secure, and trustless Layer 2 execution.
👉 Start building on a truly decentralized L2 platform designed for the future of Ethereum.
Final Thoughts: A Community-Powered Future
Taiko’s presence at ETHDenver wasn’t just about announcements — it was about connection. From testnet contributors to global investors, the event highlighted how deeply community-driven progress fuels real innovation.
With strong funding, a clear technical roadmap, and unwavering commitment to Ethereum’s core principles, Taiko is positioned to play a defining role in the next chapter of decentralized computing.
As the ecosystem continues to grow — through open contribution, transparent development, and inclusive engagement — one thing is clear: the future of scaling is not just fast or cheap — it must be fair, open, and built by all.