Taraxa Launches $10 Million Grant Program to Drive Growth in its EVM-Compatible BlockDAG Ecosystem
The Taraxa Protocol Foundation has introduced a $10 million Grant Program to promote the growth of Taraxa’s unique EVM-compatible blockDAG Layer-1 ecosystem. The program is open to individuals, teams, and organizations of any kind, offering funds specifically for technical development to drive usage and expansion within the Taraxa network. Developers who choose to build on Taraxa will benefit from the world’s first and only native EVM-compatible decentralized network built with the blockDAG architecture.
Why You Should Consider Building on Taraxa
- Unique Opportunity to Build on blockDAG: Taraxa’s blockDAG architecture offers enhanced throughput and low latency without compromising security and decentralization.
- True EVM Compatibility: dApps that work on Ethereum can seamlessly function on Taraxa without the need for additional learning or adjustments.
- Fast & Low-Cost: Taraxa boasts high throughput, sub-second block times, instant block inclusion, and low transaction costs.
- True Finality: Transactions finalized on Taraxa remain irreversible, guaranteeing security.
- Front-Running Prevention: Taraxa’s architecture minimizes the risk of front-running attacks, enhancing the security of DeFi transactions.
- Supportive Community: Taraxa has an engaged community and a helpful development team, ensuring builders receive support and collaboration.
The Ficus Root Bridge and Cross-Chain Liquidity
The upcoming Ficus Root Bridge, scheduled for mid-2024, will bolster the Taraxa ecosystem’s utility, asset diversity, and cross-chain liquidity. The bridge enables seamless flow of assets between Ethereum and Taraxa, making Taraxa a natural Layer-2 solution for dApps and a consensus layer for rollups.
Apply to the Taraxa Grant Program Today
Developers can apply to the Taraxa Grant Program and share their ideas on how to leverage decentralization to address real-world challenges.
About Taraxa
Taraxa is an EVM-compatible smart contract platform founded by two Stanford engineers in 2018. It utilizes the t-Graph consensus and blockDAG architecture, introducing innovative technical advancements. With the launch of its mainnet in 2023, Taraxa represents the next phase in decentralized networks.
Hot Take: Taraxa Revolutionizing Development on Layer-1 with its BlockDAG Architecture
Taraxa’s Grant Program and EVM-compatible blockDAG ecosystem present an unparalleled opportunity for developers to build innovative solutions in a high-performance, secure, and cost-effective environment. By leveraging the capabilities of Taraxa, developers can access unique features such as true finality, front-running prevention, and a supportive community. With the upcoming Ficus Root Bridge and cross-chain liquidity, Taraxa further solidifies its position as a leading Layer-1 solution. Join the Taraxa ecosystem today and be part of the revolution in decentralized development.
Cyrus Dailey stands as a luminary gracefully weaving the roles of crypto analyst, tenacious researcher, and editorial artisan into a captivating narrative of insight. Amidst the intricate world of digital currencies, Cyrus’s perspectives resonate like finely tuned melodies, captivating curious minds from a myriad of perspectives. Her ability to decipher complex threads of crypto intricacies melds seamlessly with her editorial finesse, transforming intricacy into a harmonious composition of understanding.