Taiko, an innovative Ethereum rollup, has launched preconfirmations on its mainnet, promising a significant leap in transaction speed and block time reduction.
What Are Taiko Preconfirmations?
Taiko preconfirmations are a new feature that allows transactions to be confirmed much faster, reducing effective block times to approximately two seconds. This isn't just a minor improvement; the increase in transaction speed is an impressive 20 to 30 times.
The Pacaya Release: More Than Just Speed
The activation of preconfirmations is part of a broader upgrade called the Pacaya release, which also includes batch block proposals, a simplified proving flow, and ERC-20 support. These enhancements, developed in collaboration with expert teams, showcase Taiko's commitment to building a high-performance solution.
What's Next for the Taiko Mainnet?
Currently, preconfirmations operate under a Phase 1 model with whitelisted participants. Future plans include moving to Phase 2, where anyone can participate as a preconfirmer, contributing to the decentralization of the network.
The activation of preconfirmations on Taiko's mainnet marks an important milestone for the Ethereum ecosystem, opening new opportunities for enhancing transaction speed and efficiency.
