Summary
The Taiko project, known for its “based sequencing” architecture, is competing with other Ethereum layer-2 networks for relevance in the blockchain space.
Key Points
1. The Taiko project is known for its “based sequencing” architecture.
2. Taiko is competing with other Ethereum layer-2 networks for relevance in the market.
3. The project is part of a deep field of competitors vying for dominance in the Ethereum ecosystem.