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Taraxa priceTARA
Taraxa price calculator
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About Taraxa (TARA)
What Is Taraxa (TARA)?
Taraxa is a platform that provides a public ledger for auditing informal transactions. Informal transactions are those that are not recorded in legal documents or structured systems and are not verifiable. Taraxa is designed to help businesses make better and more responsive decisions by giving every entity a verifiable reputation. This helps to make informal transactions trustworthy and eradicates operational friction, ultimately making the world more innovative and productive.
How does Taraxa (TARA) Work?
With just a few clicks, you can deploy your Ethereum dApps on their platform. Their low-cost transactions make it possible to send transactions for next to nothing. With near-instant transaction inclusion and True Finality in under 4 seconds, network congestion is not a concern. Their network is truly decentralized, allowing anyone to be a validator - you can even run it on a Raspberry Pi!
What is the TARA Token?
According to the information provided in their whitepaper, the TARA token serves as the native token of Taraxa. This token is a utility coin that is cryptographically secured and has three primary uses: voting, gas fees, and staking. Gas fees are the fees required to conduct a transaction or execute a contract on the Ethereum blockchain. Token owners can use their coins to fund the cost of transaction tax and vote for proposals for changes in the network. Additionally, users can use their TARA coins for staking, which helps the Taraxa network to grow. As a reward for staking, users can earn TARA tokens.
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Taraxa Social Data
In the last 24 hours, the social media sentiment score for Taraxa was 2.5, and the social media sentiment towards Taraxa price trend was Bearish. The overall Taraxa social media score was 33,016, which ranks 500 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Taraxa being mentioned with a frequency ratio of 0.01%, ranking 443 among all cryptocurrencies.
In the last 24 hours, there were a total of 279 unique users discussing Taraxa, with a total of Taraxa mentions of 48. However, compared to the previous 24-hour period, the number of unique users increase by 2%, and the total number of mentions has decrease by 16%.
On Twitter, there were a total of 2 tweets mentioning Taraxa in the last 24 hours. Among them, 50% are bullish on Taraxa, 50% are bearish on Taraxa, and 0% are neutral on Taraxa.
On Reddit, there were 12 posts mentioning Taraxa in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 25% .
All social overview
2.5