• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Taiko Reveals Post-Mainnet Optimizations and Future Roadmap

July 22, 2024
in Blockchain
Reading Time: 2min read
0 0
A A
0
VeChain Foundation Releases Q1 2024 Treasury Report
0
SHARES
24
VIEWS
ShareShareShareShareShare


Tony Kim
Jul 22, 2024 17:56

Taiko announces significant L1 gas cost reductions and unveils future enhancements post-mainnet launch, including EIP-1559 improvements and transaction preconfirmation.





Following its mainnet launch, Taiko has announced significant optimizations and future enhancements to its rollup protocol, according to taiko.mirror.xyz. The team has successfully reduced L1 gas costs by over 30% while maintaining contract upgradability, marking a major milestone in their development efforts.

Enhancing L2 EIP-1559

Taiko’s current implementation of EIP-1559 has faced challenges due to incorrect configuration, leading to overselling of L2 block space and a base fee often reaching the minimum of 0 wei. To address this, Taiko plans to conduct thorough data analysis and adjust fee settings over time. Additionally, incorporating the L1 base fee into L2 base fee calculations is under consideration, although it presents challenges due to required protocol changes.

Transaction Preconfirmation

In collaboration with industry experts, Taiko is working on transaction preconfirmation to provide users with sub-second confirmation of their transaction’s execution status. This improvement will allow block proposers to operate more efficiently, proposing blocks only when necessary rather than at fixed intervals, leading to better utilization of blob space.

Cancun EVM Support

Taiko plans to upgrade its mainnet to support new opcodes introduced in the Cancun version of the Ethereum Virtual Machine (EVM), excluding EIP-4844. Staying current with EVM releases is crucial for maintaining compatibility with Ethereum’s evolving ecosystem.

Enabling Contract Use of Calldata as DA

Taiko’s BCR protocol currently only supports EOAs as proposers when using calldata for data availability. With recent protocol upgrades unifying proposers and provers into one role, Taiko aims to enable contracts to use calldata for L3 blocks, as blobs are not available on L2s.

Enhancing Min-Tier Selection

To address a design flaw identified during audits, Taiko plans to improve the randomness of min-tier selection, which determines the percentage of blocks proven by different tiers. This improvement will depend on its impact on client and prover software changes.

The Ontake Fork

The upcoming Ontake release will incorporate several of the outlined features and improvements. Testing is planned to begin on the Hekla testnet before October, with a mainnet upgrade aimed for Q4 of this year. Taiko’s roadmap for Ontake is ambitious and carefully structured, reflecting their commitment to pushing the boundaries of scalability, efficiency, and user experience in the blockchain space.

As Taiko continues to evolve its protocol, the team appreciates the ongoing support from the community and looks forward to sharing more updates on these exciting developments.

Image source: Shutterstock


Credit: Source link

ShareTweetSendPinShare
Previous Post

Don’t Get Shaken Out, Analyst Says Bitcoin And Altcoins Rally Is Just Starting

Next Post

President Biden Steps Aside, Giving Democrats ‘Huge Opportunity’ To Flip Crypto Blue, Says Lawyer Jake Chervinsky

Next Post
Coinbase CEO Brian Armstrong Says the US Needs Crypto Regulatory Clarity To Maintain the Dollar-Based Soft Power

President Biden Steps Aside, Giving Democrats ‘Huge Opportunity’ To Flip Crypto Blue, Says Lawyer Jake Chervinsky

You might also like

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

June 3, 2026
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook

Cardano Price Prediction: ADA Active Addresses Had Grown By 14% as CME Launch 24/7 Trading

June 2, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

GeForce NOW Adds 18 Games in June, Highlights ‘Neverness to Everness’

June 4, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

Zcash (ZEC) Fixes Orchard Bug, Price Holds Above $620

June 3, 2026
Bloomberg’s Weisenthal Lists 12 Reasons

Bloomberg’s Weisenthal Lists 12 Reasons

June 3, 2026
Strive Seeks $4.2B ATM Expansion To Fund More Bitcoin Buys

Strive Seeks $4.2B ATM Expansion To Fund More Bitcoin Buys

June 2, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

XRP To $30? Market Veteran Says The Best Entry May Be Here

XRP To $30? Market Veteran Says The Best Entry May Be Here

June 7, 2026
Bitcoin’s Worst Week Since FTX Raises The Question Traders Don’t Want To Ask

Bitcoin’s Worst Week Since FTX Raises The Question Traders Don’t Want To Ask

June 7, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.