Taiko announces strategic collaboration with OpenZeppelin to develop next-generation BasedRollup stack

On January 25th, Ethereum L2 network announced a strategic partnership with OpenZeppelin to develop the next generation BasedRollup stack, elevating BasedRollup to a new level. Some key goals include solving scalability, interoperability, and composability issues. It is reported that BasedRollup is a set of L2 solutions that directly utilize the sorting function of the L1 blockchain. This pattern achieves smooth integration by fully utilizing the decentralization, activity, and security features of L1. Ethereum researcher Justin Drake proposed the concept of BasedRollups in March 2023, aiming to overcome the problems faced by existing Rollup solutions.