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# TAIKO
227.08K
cryptolusionist
If you aren't in already, wait for a touch of the diagonal trendline or a breakout above the green box.
In case you want to know what $TAIKO does here it is in layman's terms:
Taiko is a Layer 2 scaling solution for #Ethereum, specifically a zk-Rollup. Here’s a simplified explanation:
1. Layer 2 Scaling: Taiko helps Ethereum handle more transactions by processing them off the main Ethereum chain (Layer 1) and then bundling them into a single transaction back on Layer 1. This reduces congestion and lowers transaction fees
2. zk-Rollup: Taiko uses zero-knowledge proofs to ensure transactions ar
In case you want to know what $TAIKO does here it is in layman's terms:
Taiko is a Layer 2 scaling solution for #Ethereum, specifically a zk-Rollup. Here’s a simplified explanation:
1. Layer 2 Scaling: Taiko helps Ethereum handle more transactions by processing them off the main Ethereum chain (Layer 1) and then bundling them into a single transaction back on Layer 1. This reduces congestion and lowers transaction fees
2. zk-Rollup: Taiko uses zero-knowledge proofs to ensure transactions ar
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