KEKKAI Co., Ltd., a groundbreaking Web3 security company, is set to integrate into the Ethereum Layer 2 chain Taiko’s ecosystem. This crucial partnership is expected to reshape the security infrastructure of the Taiko platform, providing a more secure, reliable service for users.
KEKKAI Integrates Into Taiko’s Ethereum Layer 2 Ecosystem to Bolster Security
Known for its sturdy security technology, KEKKAI’s integration marks its first collaboration with a Layer 2 protocol. The company’s commitment to delivering top-notch security solutions has drawn Taiko’s interest. Together, KEKKAI and Taiko aim to foster security enhancement initiatives, intending to create a safer, streamlined environment for cryptocurrency transactions globally.
KEKKAI, famous for its free anti-scam tool, operates under the vision of a “safe and secure Web3 for everyone.” This partnership emphasizes this commitment, positioning KEKKAI as a vital player within Taiko’s ecosystem, providing top-tier security and reliability services to users.
The partnership is particularly significant given the rising instances of fraud and theft within the Web3 space, affecting areas such as Non-Fungible Tokens (NFTs) and metaverses. In 2022, damages from such incidents reached approximately 500 billion yen, a staggering 289% increase from the previous year, highlighting the urgency for robust security measures.
Taiko’s Game-Changing Approach to Scalability
Taiko, a prominent player in Ethereum’s scaling solutions, is part of the zk-Rollup protocol, or zk-EVM, because of its compatibility with the Ethereum execution environment. Currently, Taiko is developing the only zk-EVM Layer2 blockchain, “type-1”, fully compatible with Ethereum. This compatibility allows developers on Ethereum to transfer their contracts to Taiko, bypassing the costs of contract alterations and audit fees.
Taiko’s innovative “Inception layers” structure leverages its type-1 zk-EVM to augment Ethereum’s scaling capabilities. These layers form a cohesive web, enhancing efficiency and scalability while maintaining security.
KEKKAI’s Innovative Approach to Security
KEKKAI’s security approach involves simulating transactions within its system before users execute them. This critical step aids in identifying and mitigating potential risks. KEKKAI’s system alerts users when potentially fraudulent operations or contracts are detected, protecting them from scams.
The partnership between KEKKAI Co. Ltd. and Taiko signifies a crucial step towards establishing Taiko as a leader in the Layer 2 space
Leave a comment