Taraxa Progress Update: March, 2024

Steven Pu • 2 min read • Apr 15, 2024

Taraxa Progress Update: March, 2024

State of the network as of April 15, 2024:

  • 2.111 billion TARA staked and delegated
  • 73 active consensus nodes on the Mainnet
  • 1,863 active consensus nodes on the Testnet
  • 10,345 unique wallet addresses on the Mainnet

Ecosystem Highlights:

  • Taraxa launched its first-ever global hackathon, the Taraxa TinkerFest! We partnered with the professional hackathon platform, DoraHacks to help extend our reach.

  • Every piece of the Aspen Upgrade, voted in by the community, that caps maximum $TARA supply to 12 billion, has been deployed onto the Taraxa Mainnet by end of March. Aspen will officially trigger on-chain on April 3, 2024.

  • The Ficus Root Bridge that connects Ethereum and Taraxa networks development is on-track for end of 2Q, 2024. One major milestone was hit as we completed the development of Pillar Blocks, which are snapshots of Taraxa's state along with its validator voting weights, created to be anchored onto Ethereum to enable on-chain state verification, a central component of the bridge.

  • We continue to aggressively showcase the benefits of building on top of Taraxa, here are a few highlights.

  • To help improve community communication, the dev team will hold regular monthly progress updates on Twitter Spaces, every second Thursday of each month. If you have a question you wish the team to address in the monthly update, please submit it to: https://forms.gle/oBYjLdwF73MhDCVw8 .
Taraxa March 2024 Network Stats
Taraxa March 2024 Network Stats

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