Taiko (https://taiko.xyz) is the first fully permissionless and Ethereum-equivalent rollup (Type-1 zkEVM), positioned as the default Ethereum scaling solution for developers and users seeking a frictionless onboarding experience without compromising on security. With the largest Discord community in the crypto industry—over 1 million members—Taiko is supported by industry leaders including Vitalik Buterin, Justin Drake, Tim Beiko, Lightspeed Faction, Sequoia China, Hashed, and others. After a development phase that began in 2022 and included seven testnets, Taiko successfully launched its Layer 2 mainnet on May 27th, 2024. Utilizing Based Contestable Rollup (BCR) technology, Taiko significantly reduces transaction costs and enhances security, offering a seamless and efficient user experience while maintaining decentralization.