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Taiko Gives Block Proposers 100% of Its Layer 2 Base Fee

The Oct. 19 governance change removes a cost hurdle for proposers that may cover users’ fees. It does not launch gasless transactions.

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Steel discs travel through one channel into a shallow tray / TokenPost.ai
Steel discs travel through one channel into a shallow tray / TokenPost.ai

Taiko has increased block proposers’ share of its layer 2 base fee to 100%, removing a cost hurdle for proposers that may cover that fee on a user’s behalf.

The Ethereum layer 2 network executed the governance change on Oct. 19. A proposer that covers a user’s base fee can now receive the full amount through the fee allocation. The 100% share applies specifically to the L2 base fee, not to every transaction charge.

The change adjusts the economics of a potential sponsored transaction, in which someone other than the user pays a fee. It does not launch gasless transactions or make transactions free for users.

The same proposal updated the trusted proof-verification identifiers for raiko2 v0.9.0 across RISC0, SP1 and SGX. Proofs tied to the superseded identifiers are no longer accepted.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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