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OKX Ventures Invests in Decentralized Ethereum-equivalent ZK-Rollup Taiko

June 17 (Cointime) - Taiko, a decentralized ZK-Rollup similar to Ethereum, has received an investment from OKX Ventures, although the amount has not been disclosed.

Taiko is working on a Type-1 ZK-EVM that allows developers and users to use Ethereum securely with lower transaction fees while reusing their existing codebase and tools. Taiko's goal is to create a fully permissionless and decentralized ZK-Rollup that empowers a community of block proposers, provers, and node runners. The project will launch its mainnet in the coming year.

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