Taraxa

Kaspa

Mirror

Parabolic

mirror

<p><strong>Taraxa (TARA) has emerged as one of the hottest cryptocurrencies of 2023, with its token surging over 1,100% year-to-date. TARA is now trading around $0.01, a level not seen since August 2023.</strong></p>
<p>So what exactly is Taraxa and why are crypto investors piling into this coin?</p>
<p>TARA aims to solve the scalability challenges facing blockchain technology without compromising on security or decentralization. The project utilizes an innovative blockDAG (directed acyclic graph) structure and t-Graph consensus protocol to achieve high transaction speeds and throughput.</p>
<p>Much like Ethereum is to Bitcoin, Taraxa is positioned as a scalability-focused counterpart to Kaspa (KAS) – a proof-of-work BlockDAG cryptocurrency with a $1.9 billion market cap. With TARA’s proof-of-stake BlockDAG system and current market cap of only $38 million, it has significant potential for growth in the ongoing crypto bull market.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="699" src="https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-1024x699.png" alt="" class="wp-image-375538" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-1024x699.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-300x205.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-1536x1048.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-2048x1397.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-220x150.png 220w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-513x350.png 513w, https://captainaltcoin.com/wp-content/uploads/2023/11/TARA-CHART-788x537.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>Despite the huge gap in market cap today, TARA’s innovative BlockDAG system and EVM compatibility make it well-positioned to potentially mirror and even exceed KAS’s parabolic performance.</p>
<p>Some of Taraxa’s key technical innovations, based on <a href="https://docs.taraxa.io/tech-whitepaper/abstract" target="_blank" rel="noopener noreferrer nofollow">their whitepaper</a>, include:</p>
<ul>
 <li>An inclusive block DAG design that maximizes throughput</li>
 <li>Fair and efficient block proposals via POS</li>
 <li>Asynchronous immediate finality that eliminates DAG reorganizations</li>
 <li>Speculative execution to accelerate stateless transactions</li>
 <li>Optimized VM execution speeds</li>
</ul>
<p>As blockchain platforms strive for real-world adoption, Taraxa’s solutions to scaling could give it a competitive edge. With impressive YTD returns over 1000%, TARA is one to watch closely as innovative BlockDAG cryptocurrencies aim to address the scalability limitations of mainstream chains like Ethereum.</p>
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<p>The post <a href="https://captainaltcoin.com/how-taraxa-tara-could-mirror-kaspas-parabolic-success/" rel="noopener noreferrer nofollow">How Taraxa (TARA) Could Mirror Kaspa’s Parabolic Success</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

How Taraxa (TARA) Could Mirror Kaspa’s Parabolic Success

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