Taiko (TAIKO)
Rank #741
Market snapshot
- Price
- $0.073743
- Market cap
- $15.0M
- 24h volume
- $2.7M
- Circulating supply
- 203,038,520.6133
- Total supply
- 1,000,000,000
- Max supply
- 1,000,000,000
What is Taiko?
Taiko is a cryptocurrency designed to function within the Ethereum ecosystem. It aims to facilitate a decentralized approach to blockchain operations, allowing users to contribute to the network without the need for centralized leadership. The platform is built on principles that emphasize community-driven development and participation.
How Taiko works
Taiko operates as a decentralized network where Ethereum Layer 1 validators are responsible for sequencing blocks, eliminating the need for a centralized sequencer. This structure promotes a peer-to-peer system where users can engage directly with the network, contributing to its growth and functionality. The future vision for Taiko includes a system that operates without leaders, relying instead on motivated individuals to drive change one block at a time.
Key information
- Symbol
- TAIKO
- CMC rank
- #741
- Network / platforms
Taiko, BNB Chain, Ethereum
- Categories
- N/A
- Date added
- Jun 4, 2024
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Taiko
0xA9d23408b9bA935c230493c40C73824Df71A0975
Token contracts on other networks
BNB Chain
0x30c60b20c25b2810ca524810467a0c342294fc61Ethereum
0x10dea67478c5f8c5e2d90e5e9b26dbe60c54d800
Key characteristics
Taiko is categorized under multiple classifications, including zero-knowledge proofs, layer-2 solutions, and modular blockchain technology. Its design is open-source, allowing anyone to participate in its development. The project is integrated within both the Ethereum and BNB Smart Chain ecosystems, with contract addresses stored on these platforms.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Taiko?
- Taiko is a cryptocurrency operating within the Ethereum ecosystem, symbolized as TAIKO.
- How does Taiko operate?
- Taiko operates as a decentralized network where Ethereum Layer 1 validators sequence blocks, without a centralized sequencer.
- What are the technical characteristics of Taiko?
- Taiko is categorized under zero-knowledge proofs, layer-2 solutions, and modular blockchain technology, with an open-source design.
- What are the risks associated with transferring Taiko?
- Users should verify the contract address and network before transferring assets and understand that transfers may be irreversible.
- How can I verify the acquisition of Taiko?
- Verify the asset name, network, and any supplied contract details before transferring Taiko.
- Where can I find official resources for Taiko?
- Official resources for Taiko can be found on its website and technical documentation.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
