Taxa Network Price (TXT)

Taxa Network (TXT) Price Now

Taxa Network price today is $0.001519 with a 24-hour trading volume of $32,864. TXT price is up 4.26% in the last 24 hours. It has a max supply of 10Bil.
In order to search for real-time and historical information about Taxa Network (TXT) blockchain, including data related to blocks, transactions, addresses, and more, you may use Taxa Network (TXT) block explorers. Here are some of the most popular and useful Taxa Network (TXT) blockchain explorers out there:

• etherscan.io
• ethplorer.io

What Is Taxa Network(TXT)?

Taxa Network is a TEE-enabled blockchain agnostic infrastructure which enables high performance, privacy preserving, interactive smart contracts, namely Taxa Trusted Services. Taxa serves as a middleware component in the layered blockchain design where applications’ business logic and private data are processed with performance, integrity, and confidentiality, and empowers various use cases in performance/privacy-centric scenarios, such as DeFi, NFT, GameFi, data analytics, fintech, advertising, AI, identity etc.

What are the benefits of Taxa Network?

Taxa Network offers several benefits for developers and users of Web 3.0 applications, such as:

• Computationally powerful: Taxa Network provides resizable offchain CPU resource upon request, allowing complex computations to be performed efficiently and scalably.
• Data confidentiality: Taxa Network leverages trusted execution environment (TEE) technology to ensure data processed in smart contracts are encrypted and isolated from unauthorized access.
• Highly developable: Taxa Network supports rich library and language support, such as Python, making it easy for developers to create interactive Web 3.0 apps with minimal learning curve.
• Blockchain agnostic: Taxa Network can integrate with any smart contract platform of choice, such as Ethereum, Polkadot, Nervos, Harmony, etc., enabling cross-chain interoperability and compatibility.
• Developers first: Taxa Network provides a user-friendly SDK and API for developers to interact with the network and deploy their smart contracts seamlessly.

What are the use cases of Taxa Network?

Taxa Network can enable various use cases that require data-rich, computation-intensive, privacy-preserving, highly developable smart contracts, such as:

• Collaborative Computation: Taxa Network can empower analytics/AI based on various sources of data in a sealed environment with no data leakage.
• Supply Chain: Taxa Network can allow a traceable and attestable log of supply chain activities for internal and external clients.
• Identity Authentication: Taxa Network can authorize sensitive identity data and credentials to only the trusted parties’ attestable uses.
• Asymmetric Info Game: Taxa Network can enable the dapps of the most popular asymmetric info games like Pokers, e-sports.
• DeFi: Taxa Network can manage and exchange digital assets, without having to trust or rely on a third party.
• Digital Rights Management: Taxa Network can separate the ownership and right of uses of digital properties such as sensitive data.

How does Taxa Network work?

Taxa Network consists of three main components: the network layer, the consensus layer, and the application layer.

• The network layer is responsible for connecting nodes in the network and routing requests and responses between them. The network layer also handles node discovery, peer management, encryption, authentication, etc.
• The consensus layer is responsible for achieving agreement among nodes on the state of the network and the execution of smart contracts. The consensus layer uses a hybrid consensus mechanism that combines proof-of-stake (PoS) and proof-of-trust (PoT) to ensure security and efficiency.
• The application layer is responsible for providing interfaces and tools for developers and users to interact with the network and deploy their smart contracts. The application layer includes the SDK, API, IDE, etc.

What is the tokenomics of Taxa Network?

Taxa Network has its own native utility token called TXT. TXT is used for various purposes in the network, such as:

• Staking: TXT is used as a stake by nodes to participate in the network and earn rewards. Staking also serves as a security mechanism to prevent malicious behavior by nodes.
• Governance: TXT is used as a voting right by nodes and users to participate in the governance of the network and influence its future development.
• Payment: TXT is used as a payment method by users to pay for the services provided by the network, such as computation fees, storage fees, etc.

How can I get involved in Taxa Network?

There are several ways you can get involved in Taxa Network, such as:

• Developer: You can join the Taxa Developer Grant Program to receive funding and support for your projects that use Taxa Network. You can also access the SDK, API, documentation, tutorials, etc. on the official website.
• Miner: You can join the Taxa Mainnet Alpha to contribute compute power with TEE-enabled devices and earn rewards.
• Investor: You can invest in TXT tokens by purchasing them from exchanges or participating in token sales. You can also follow the latest news and updates on the official website, Medium, Twitter, Telegram, etc.
• Community: You can join the Taxa community on various platforms, such as Discord, Reddit, GitHub, etc. You can also attend events and meetups hosted by Taxa or its partners.

Where Can You Buy Taxa Network(TXT)?

Investing in Taxa Network can seem complicated, but it is much easier when you buy Taxa Network through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Taxa Network — both for fiat money and other cryptocurrencies. Some of the most popular Taxa Network cryptocurrency exchange are:

• gate.io

Please check Taxa Network(TXT) token address If you want to buy or sell Taxa Network(TXT) on dex exchange. Beware of scams!
Click here to view Taxa Network(TXT) price in different crypto exchanges.

Taxa Network (TXT) Community

• Twitter: https://twitter.com/taxanetwork
• Discord: https://discord.com/invite/BusRMXf
• Medium: https://medium.com/taxanetwork
• Telegram: https://t.me/taxanetwork

What is Taxa Network (TXT) Contracts address?

• Ethereum: 0x547b2f82cecfab9c2b1d36fdda96ef9f58c63b8c