CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Taiko Reveals Post-Mainnet Optimizations and Future Roadmap

July 22, 2024
in Blockchain
Reading Time: 2 mins read
A A
0
Understanding Ambiguity: Causes and Effects
0
SHARES
8
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

RELATED POSTS

WLD Price Prediction: Momentum Dead-Flat at the Upper Band — Pullback to $0.44 Before Any Real Shot at $0.51

Runway’s AI Tools Now Integrated in Adobe Premiere, After Effects

OpenAI Funds $1M for AI Policy Projects Across Five Regions

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

BTC Bulls Eye $70K But is a Correction Coming Before That?

Next Post

Frenzy at MHOP | MOG Coin Forecasts

Related Posts

Crypto startup Worldcoin Raises $100m through Token Sales, Worth $3 Billion
Blockchain

WLD Price Prediction: Momentum Dead-Flat at the Upper Band — Pullback to $0.44 Before Any Real Shot at $0.51

September 9, 2026
NVIDIA Q2 FY27 Revenue Hits $96B, Boosts SMH ETF Outlook
Blockchain

Runway’s AI Tools Now Integrated in Adobe Premiere, After Effects

September 8, 2026
OpenAI: Paf Leverages 85 Custom GPTs to Boost Developer Productivity
Blockchain

OpenAI Funds $1M for AI Policy Projects Across Five Regions

September 8, 2026
Next Post
Frenzy at MHOP | MOG Coin Forecasts

Frenzy at MHOP | MOG Coin Forecasts

Investors More Bullish On Rollblock Despite Cardano Chang Hard Fork Upgrade and XRP Price Surge

Investors More Bullish On Rollblock Despite Cardano Chang Hard Fork Upgrade and XRP Price Surge

Recommended Stories

SWIFT Experiments With CBDC Interoperability for Facilitating Cross-Border Payments

DBS and Citi Settle 24/7 Cross-Border Dollar Payment on SWIFT’s Ledger

September 8, 2026
Llama 3.1 Now Optimized for AMD Platforms from Data Center to AI PCs

AMD Ryzen AI Powers Real-Time Voice Moderation On-Device

August 31, 2026
WIF Price Prediction: $0.21 Is the Make-or-Break Level — Bulls Have One Shot to Prove This Rally Is Real

WIF Price Prediction: $0.21 Is the Make-or-Break Level — Bulls Have One Shot to Prove This Rally Is Real

September 3, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • xAI Unveils Grok Bot for Enterprises with Free Trial Offer

    0 shares
    Share 0 Tweet 0
  • Banco Do Brasil Makes Latam’s First Digital Structured Note Trade

    0 shares
    Share 0 Tweet 0
  • GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury

    0 shares
    Share 0 Tweet 0
  • MSFT Price Prediction: $530 or Bust — Why $500 Is the Line in the Sand This September

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Four XRP ETFs Now Sit in a Schwab Money Fund’s Repo Collateral
  • WLD Price Prediction: Momentum Dead-Flat at the Upper Band — Pullback to $0.44 Before Any Real Shot at $0.51
  • Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

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