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Taraxa

TARA

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Taraxa Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
TapbitTARA/USDT0227.6575.3193,948.380.01cex767/9/2025, 6:18 AM
GateTARA/USDT0249.151,912121,575.090cex1527/9/2025, 6:23 AM
KuCoinTARA/USDT02,976.64614.2595,894.330.01cex1647/9/2025, 6:23 AM
MEXCTARA/USDT0507.3234.8787,175.220cex1917/9/2025, 6:18 AM
SuperExTARA/USDT00.781.2358,807.80cex17/9/2025, 6:18 AM
LCX ExchangeTARA/EUR0195.21587.9536,056.720.2cex407/9/2025, 6:21 AM
BVOXTARA/USDT0391.837,312.247,603.280cex1817/9/2025, 6:18 AM
CoinExTARA/USDT0154.4323.776,110.320.01cex157/9/2025, 6:23 AM
AscendEXTARA/USDT0.010000cex17/3/2025, 3:15 PM
Gate.ioTARA/ETH00000cex14/8/2025, 6:32 AM
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Taraxa FAQ

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**What is Taraxa?** Taraxa is a blockchain platform designed to provide efficient and scalable solutions for the decentralized recording of informal transactions. It aims to facilitate transparency and accountability in various business processes. Taraxa leverages its advanced consensus algorithms and secure infrastructure to support a wide range of applications, enhancing the integrity and reliability of transactional data. For further information on Taraxa, visit Eulerpool.

Taraxa (TARA) is a distinct, rapid, and scalable Layer-1 public ledger crafted to democratize reputation by rendering informal data reliable. This blockchain platform is designed to audit informal transactions, equipping businesses with the necessary tools to make informed decisions. By concentrating on informal data, Taraxa aims to introduce transparency and reliability into daily interactions commonly neglected by conventional systems. Central to Taraxa's technology is its EVM-compatible smart contract platform, utilizing the t-Graph consensus mechanism and blockDAG architecture. This blend ensures high throughput and low latency, making it ideal for a variety of decentralized applications. The t-Graph consensus is especially noteworthy for its proficiency in handling complex transaction workflows effectively. TARA, the native token, holds a vital role within the Taraxa ecosystem. It is employed for several functions, including voting on governance proposals, paying gas fees for transactions, and staking to secure the network. This multi-functional utility underscores TARA's essential contribution to the platform's operations and governance. Taraxa's forward-thinking approach to blockchain technology extends to its real-world applications. By facilitating web3 solutions to tackle practical issues, Taraxa connects the divide between decentralized technology and everyday business requirements. This emphasis on real-world utility distinguishes it from numerous other blockchain projects, underscoring its potential to instigate significant change in how informal data is managed and utilized.

What are the technological foundations of Taraxa?

Taraxa, identified by the ticker TARA, is an innovative blockchain platform that aims to solve real-world challenges through advanced technological solutions. Fundamentally, Taraxa distinguishes itself through the integration of t-Graph consensus and blockDAG (Directed Acyclic Graph) technology, differentiating it from conventional blockchain structures. This hybrid approach enhances Taraxa's scalability and efficiency, enabling it to process thousands of transactions per second. A central element of Taraxa's technology is the t-Graph consensus mechanism. Unlike standard blockchain consensus protocols, t-Graph consensus improves network security and speed by structuring transactions in a graph format rather than a sequential chain. This architecture significantly minimizes the time needed for transaction confirmation and boosts the network's total throughput. By implementing blockDAG, Taraxa allows multiple blocks to be processed in parallel, further increasing its capacity to manage high transaction volumes. Security is a critical focus for any blockchain, and Taraxa addresses this through a robust consensus framework. The t-Graph consensus is engineered to resist prevalent threats, such as double-spending and Sybil attacks. By necessitating multiple confirmations and utilizing the interconnected framework of the blockDAG, Taraxa significantly hinders malicious entities from altering transaction history or disrupting the network, thus preserving blockchain integrity and reliability. Beyond its groundbreaking consensus model, Taraxa is EVM-compatible, enabling it to execute Ethereum-based smart contracts. This feature facilitates developers in migrating their existing decentralized applications (dApps) to the Taraxa platform easily, promoting smooth integration within the larger blockchain ecosystem. Consequently, Taraxa's high throughput and security measures are appealing advantages for developers. An important facet of Taraxa's technology is transparency. The platform is structured to offer clear and verifiable transaction records, a crucial feature for applications requiring high levels of trust and accountability. By ensuring that all transactions are transparent and readily auditable, Taraxa is well-suited for applications across diverse sectors, including supply chain management, finance, and governance. Furthermore, Taraxa emphasizes scalability and compatibility with other blockchains, supporting interoperability through standardized protocols and APIs. This feature enables seamless communication and data exchange with other blockchain networks, which is vital for forming a cohesive and interconnected blockchain ecosystem that can tackle complex challenges collaboratively. The synergy of t-Graph consensus, blockDAG technology, EVM compatibility, and interoperability establishes Taraxa as a significant player in the blockchain arena. Its capability to manage substantial transaction volumes while maintaining security and transparency presents it as a dynamic and robust platform for a variety of applications. For more detailed information about Taraxa, including market data and performance metrics, visit Eulerpool.

What are the practical applications of Taraxa in the real world?

Taraxa (TARA) is a smart contract platform compatible with the Ethereum Virtual Machine (EVM), utilizing t-Graph consensus and blockDAG technology to tackle real-world issues. Its innovative design makes it applicable to diverse industries, including healthcare, asset leasing, smart mobility, IP licensing, IoT, DeFi, among others. A primary application of Taraxa is within the Internet of Things (IoT). By offering a decentralized and secure platform, Taraxa facilitates device communication and transactions without central authority, which is especially beneficial in smart cities where IoT devices can improve resource management efficiency. In healthcare, Taraxa's blockchain technology ensures secure and transparent management of patient data. This allows healthcare providers access to accurate and up-to-date information, enhancing patient outcomes while maintaining privacy and security. Taraxa also excels in asset leasing. Leveraging smart contracts, Taraxa automates and secures lease agreements, reducing fraud risk and ensuring compliance with contract terms. This proves particularly advantageous for industries like construction and manufacturing that depend on costly equipment. In smart mobility, Taraxa's blockchain optimizes transportation networks, ensuring efficient use of vehicles and infrastructure. This contributes to reduced traffic congestion and emissions, fostering a cleaner and sustainable environment. In the field of IP licensing, Taraxa offers a transparent and immutable record of intellectual property rights, aiding creators and innovators in protecting their work and securing fair compensation for their contributions. The DeFi sector sees considerable benefits from Taraxa's next-generation Layer-1 platform, which facilitates the development of decentralized financial applications. These applications can extend financial services to underserved communities, encouraging financial inclusion and economic growth. Taraxa's blockDAG technology and inherent EVM compatibility provide a robust foundation for developing decentralized applications (dApps) that require high throughput and low latency. This capability is crucial for social analytics dApps, which need to analyze and process substantial data volumes in real time. Taraxa's emphasis on digital transformation and blockchain technology establishes it as a versatile platform adept at resolving an array of real-world challenges across multiple industries.

What significant events have occurred for Taraxa?

Taraxa is an EVM-compatible smart contract platform that leverages t-Graph consensus and blockDAG technology, marking significant progress within the blockchain and cryptocurrency sectors. The platform focuses on addressing real-world challenges through its innovative methodologies. A crucial milestone for Taraxa was the launch of its initial Proof of Stake (PoS) blockDAG, representing a remarkable advancement in blockchain technology. This event highlighted Taraxa's dedication to improving scalability and efficiency. The introduction of the first Dynamic blockDAG Proposal Rate further emphasized this innovative approach, enabling more flexible and adaptive consensus mechanisms. Achieving True Finality in blockDAG was another major development, ensuring transaction confirmations with absolute certainty and eliminating the risk of reversals, which enhances the security and reliability of the network. These technical achievements have positioned Taraxa as a forward-looking player in the blockchain ecosystem. To promote community engagement and network robustness, Taraxa initiated an incentivized testnet. This initiative provided developers and users the opportunity to test the network's capabilities while offering rewards for their participation, fostering widespread involvement and feedback. Taraxa has proactively shared its future plans through a rolling 12-month development roadmap. This roadmap provides transparent insights into upcoming projects and goals, demonstrating their commitment to continuous improvement and innovation. The development of decentralized finance (DeFi) and social analytics decentralized applications (dApps) has been another area of focus for Taraxa. These applications aim to harness blockchain technology to offer solutions for real-world issues, highlighting the platform's practical utility. Partnerships and collaborations have been pivotal to Taraxa's progress. By forming alliances with various stakeholders in the blockchain and technology sectors, Taraxa has expanded its reach and enhanced its technological capabilities. These collaborations reflect the platform's strategic approach to growth and development. Taraxa's emphasis on solving real-world problems through blockchain technology distinguishes it in the competitive cryptocurrency landscape. By consistently pushing the boundaries of possibilities with blockDAG and smart contracts, Taraxa is contributing significantly to the advancement of decentralized technologies.

Who founded Taraxa?

Taraxa (TARA) is an EVM-compatible smart contract platform that utilizes t-Graph consensus and blockDAG to tackle real-world challenges within the web3 domain. The project is led by founders Steven Pu and Songqi Pu, both Stanford-trained engineers. They achieved a significant milestone by launching the mainnet on April 3, 2023. Their advanced technical knowledge and academic training have significantly contributed to the development of Taraxa's groundbreaking blockchain technology approach.

Investors interested in Taraxa are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.