What is Taiko? For Beginners
Hi everyone, The following write-up is to give a brief overview of what Taiko is for beginners to understand. Starting from the beginning, you would know that Ethereum is a Layer 1 Blockchain where you can post “Transactions” and “Data”(This can be any smart contract or other info and it is stored on the Ethereum Network).Rollups, according to eth(dot)org, execute transactions outside of layer 1 and then the data is posted to layer 1, where consensus is reached. Basically we are taking the tr...
What is Taiko? For Beginners
Hi everyone, The following write-up is to give a brief overview of what Taiko is for beginners to understand. Starting from the beginning, you would know that Ethereum is a Layer 1 Blockchain where you can post “Transactions” and “Data”(This can be any smart contract or other info and it is stored on the Ethereum Network).Rollups, according to eth(dot)org, execute transactions outside of layer 1 and then the data is posted to layer 1, where consensus is reached. Basically we are taking the tr...
