Taraxa (TARA)

Taraxa (TARA) is a blockchain project that aims to solve real-world problems using pragmatic decentralization. Unlike many other cryptocurrencies that focus primarily on finance and speculation, Taraxa is shifting towards practical applications. With Taraxa, individuals and businesses can achieve unprecedented efficiency through trusted automation on their decentralized network.

One of Taraxa’s key features is its unique Layer-1 scaling solution. It allows the network to scale massively without compromising security, decentralization, or the environment. Transactions on Taraxa’s network are fast, low-cost, and environmentally friendly, making it an attractive option for anyone looking to build efficient and sustainable blockchain solutions.

Taraxa’s use cases range from social listening, where automated mechanisms can be enabled in marketing and trading, to trusted machines that give quantifiable reputations to machine-generated data, making it tamper-proof and auditable. The platform also aims to minimize confusion, delays, and litigations by building reputations from auditable informal handshake deals. Developers can easily build on Taraxa’s next-generation, EVM-compatible network, making it accessible for various applications.