Taraxa

Taraxa

TBA
13,781 Views
Democratizing IoT data with infinitely-scalable concurrent contracts, trustless light nodes, and encrypted data markets on top of block lattice.
Distributed ledger technologies (DLT) can address many of IoT's challenges, making them perfectly complementary. The bad news is, current DLT's foundation is weakened by numerous flaws, making it poorly-suited for large-scale IoT applications, which is why we built Taraxa.

Inspired by the principles of software transactional memory (STM), Taraxa achieves node-level concurrency by speculative parallelization of smart contract calls, with conflict minimization achieved from built-in concurrent data structures.
Each contract call is initially ordered by sets by the contract creator or its delegate, then randomly assigned to a full-node initial processor weighted by historical reputation. The assigned node acknowledges, processes, broadcasts the results which are validated by the rest of the network.
IoT devices are constrained by their processing, memory, and bandwidth limitations. Instead of making them blind puppets of full nodes, Taraxa has created the first practical trustless light node to make devices fully independent and autonomous in their trading decisions.
7.9
TOTAL SCORE
5.4
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Country: UK
Token info
Ticker: TAR
Platform: Ethereum
Token Type: ERC20
Financial
Accepting: ETH
2017
Conceptualization, begin research
2018
Received seed funding from angel investors<br /> <br /> Professor Maurice Herlihy signed on as principal scientific advisor<br /> <br /> Completed first draft of the whitepaper<br /> <br /> Reached preliminary agreement with several key ecosystem partners <br /> <br /> Working prototype
Screenshots taken on 4 Oct 2018
Steven Pu
Founder
Participates in a number of projects
Vikram Saraph
Concurrency
Participates in a number of projects
Dr. Ilja Honkonen
Ledger
Participates in a number of projects
Professor Paul Gazzillo
Virtual Machine
Participates in a number of projects
Willem Wyndham
Virtual Machine, Storage, Reputation
Participates in a number of projects
Dr. Justin Snapp
Hardware
Participates in a number of projects
Chris Dai
Business Development and Partnerships
Participates in a number of projects

Advisors (5)

Professor Maurice Herlihy
Science
Participates in a number of projects
Mamoru Taniya
Business and Policy
Participates in a number of projects
Bo Shen
Strategy
Participates in a number of projects
James Gong
Strategy
Participates in a number of projects
Yanfeng Chen
Business Development Strategy
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
EZ Exchange
EZ Exchange has brought together the best talent across a number of disciplines to create an exchange like no other. EZ Exchange’s unique platform puts traders first, ensuring that users never deal with substandard security or a poor user experience when trading cryptocurrency. EZ Exchange is committed to making cryptocurrency accessible and secure for all. Traders will have access to a comprehensive suite of training and support options to answer any questions or concerns they may have. And the EZ Exchange team is working with regulators to be fully compliant with recognized global security standards. With a simple and intuitive interface, robust customer support and industry-leading security, EZ Exchange is removing the barriers to entry for new traders and paving the way for cryptocurrency mass adoption.
Active
COTI
COTI is the world’s first blockchain protocol optimized for decentralized payments, designed for use by merchants, governments, payment dApps and stable coin issuers. COTI Pay, our first app, already boasts a network of 5,000 merchants and 80,000 users. COTI uses a DAG (directed acyclic graph) ledger to address the shortcomings of blockchain platforms that make them unsuitable for supporting mainstream and everyday transactional needs.
Upcoming
DenCity
DenCity is an AI and Blockchain powered platform that provides you an engaging and immersive VR experience and lets you make a world of your own. A user will not only be able to explore, learn and create a life of his/her choice in accordance with the real world rules but also earn tokens that can be used to buy real life goods and services in the real world.
Upcoming
Verity
Verity makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed. It uses sub-ms network to process data with wisdom of the crowd approach and uses blockchain‑as‑a‑court‑system on Ethereum network to guarantee security and fairness.
Active
Origin Protocol
Origin is building a platform that enables the creation of many decentralized marketplaces, allowing buyers and sellers to connect and transact directly on the blockchain. The company is building a set of protocols, developer libraries, and a decentralized application using the Ethereum blockchain and IPFS, with an initial focus on disrupting sharing economy marketplaces. Origin's mission is to reduce or remove transaction fees, promote open and transparent commerce, redistribute value more fairly to buyers and sellers, and empower the 2 billion currently unbanked individuals around the world to participate in digital marketplaces.
Upcoming
POWERCHAIN
Powerchain network is a new DAG based platform allows blockless security and high speed transactions without mining. Powerchain is preparing 4 products for users.Powerstack wallet,Powerpay and its payment tool Powercard and Powerexchange. Powerstack, the highly anticipated mobile wallet for Powerchain and its digital asset $PCX. Powerstack is launched on Beta on Android. Powerstack V1.0 release for Android and IOS will be rolled out with additional features added in the near future. PowerPay, the first fast and convenient, ready to use crypto debit card, which can be used for everyday purchases anytime, anywhere. Powerchain will come with its very own physical card that can be used at ATMs. Transactions will only work with your own pincode, so even if you lose your card, no worries, no one else wil be able to use your Powerpay card. Powerchain Network is studying on integrating Powerstack wallet to Powerpay that allows owner to send PCX coins from wallet to Powerpay credit card. Powerchain announces the plans to develop our own Asset Exchange as mentioned on roadmap, POWEREXCHANGE. This strategic decision will further grow Powerchain coin position in the cryptocurrency market with larger scale and volume; allowing sustainability by continues funding and organic growth; while rewarding the community with profit sharing also promotes giving back to the community members by ensuring that 70% of the exchange’s revenue goes back to holders of PCX tokens.