@zevedzurana
Imagine a world where Ethereum’s scalability is boundless, transactions are executed in the blink of an eye, and user privacy is utterly safeguarded. This isn't a distant dream but a swiftly unfolding reality, thanks to the groundbreaking innovations of Taiko. As the leading investor, we are ecstatic to back Taiko’s mission to redefine the Ethereum ecosystem with their trailblazing Type-1 ZK-VM technology. With the launch of their mainnet today, we are on the verge of an unprecedented surge in technological advancement.
Overcoming the challenges of merging Zero-Knowledge (ZK) proofs with the Ethereum Virtual Machine (EVM) was no easy task. Yet, Taiko’s Type-1 ZK-VM technology, introduced by visionary CEO Daniel Wang in 2023, marks a monumental breakthrough. Guided by CTO Brecht Devos and CFO Terence Lam, this adept team has successfully launched several public testnets within a year, showcasing impressive metrics and setting new industry standards.