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What is Taiko?
Taiko is a decentralized Ethereum equivalent of ZK-EVM and universal ZK-Rollup. The aim is to allow developers and users of dApps developed for Ethereum Layer-1 to use them on Taiko without any changes. Therefore, dApps can be easily deployed to Layer-2, inheriting the security of Ethereum while generating lower transaction fees than Layer-1.                         
Currently, Taiko has received two rounds of financing totaling US$22 million, led by Sequoia China and Generative Ventures. Other investors include IOSG Ventures, GSR and GGV Capital.