Taraxa ($TARA): A Scalable and Decentralized L1 Network Utilizing BlockDAG

Wauwda ✏️: At the forefront of innovation stands Taraxa ($TARA), a scalable and decentralized Layer-1 network utilizing BlockDAG. It was founded in 2018 by Stanford graduates Steven Pu and Justin Snapp, with team members from Stanford, Deloitte, Qualcomm, and more. With a BlockDAG-based framework that is EVM compatible, Taraxa offers 5000 TPS, 1-second inclusion latency, 4-second finality, low-cost transactions, no network congestion, and true decentralization.
Wauwda ✏️: Taraxa focuses on real-world use cases, including AI-driven social analytics, machine-generated transactional data, informal handshake agreements, and multi-layered IP licensing. They have major partnerships secured in China, Japan, and the US. Taraxa’s DApps layer and Platform layer enable the development of DApps and assurance of supply chain quality. As a first mover in various aspects of BlockDAG technology, Taraxa is poised to be a promising Layer-1 solution.
#Taraxa #StevenPu #JustinSnapp #Stanford #Deloitte #Qualcomm #grantsprogram
TARA

At the forefront of innovation stands $TARA (@taraxa_project), a scalable, fast and decentralized L1 network utilizing BlockDAG.
What is $TARA and why do they matter?
Time for a 🧵👇🏼
Taraxa was founded in 2018 by Steven Pu and Justin Snapp, both Stanford graduates. The team is has previous experience coming from Stanford, Deloitte, Qualcomm and more.
$TARA is using a BlockDAG-based framework, which is also EVM compatible.
• 5000 Transactions per second
• 1 Second inclusion latency
• 4 Second finality
• Low-Cost Transactions
• No Network Congestion
• True Decentralization
While Taraxa is a general-purpose Layer-1, the team is focused on real-world use cases such as 👇🏼
• AI-driven social analytics
• Machine-generated transactional data
• Informal handshake agreements
• Multi-layered IP licensing
They already have some major partnerships secured with clients in China, Japan and the US.
Besides that, their DApps layer and Platform layer make it possible to build DApps, assure supply chain quality and much more.
In conclusion, with the upcoming popularity of BlockDAG, $TARA is a very promising L1 and a first mover in many 👇🏼
• First Native EVM Integration in blockDAG
• First PoS blockDAG
• First Dynamic blockDAG Proposal Rate
• First True Finality in blockDAG
Taraxa recently announced their 10M grant program, apply here now: