TAIKO Deploys Multicall3, Optimize Transactions on zkEVM

IconCryptoNewsTerminal Staff17 Jun, 2024

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TAIKO Deploys Multicall3, Optimize Transactions on zkEVM

TAIKO, an Ethereum Layer 2 network utilizing zkEVM technology, recently announced the deployment of the EVM smart contract Multicall3 on its platform. This deployment enables users to batch multiple transactions into a single transaction, reducing costs and optimizing the transaction process. Multicall3 is an essential tool for optimizing transactions on Ethereum and Ethereum-compatible networks. It allows developers to group multiple function calls into a single transaction, which significantly reduces gas fees compared to executing each function call separately. The integration of Multicall3 on TAIKO is a significant step forward for the network as it enhances the efficiency and cost-effectiveness of transactions on its zkEVM. Developers and users can now take advantage of Multicall3's capabilities to optimize their smart contract interactions and reduce gas costs. TAIKO's commitment to providing a cost-effective and efficient platform for Ethereum applications is evident in its deployment of Multicall3. As the network continues to evolve, it is likely that TAIKO will introduce additional features and capabilities to further enhance the user experience and promote the adoption of its zkEVM platform.

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