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Taraxa is a public ledger purpose-built to track informal transactions with intrinsic uncertainty, aimed at improving everyday operational efficiency. Originating from Silicon Valley, Taraxa was founded by a team of experienced engineers and entrepreneurs with a vision to revolutionise trust in informal agreements and contracts. It employs a high-performance block lattice structure known as a DAG (Directed Acyclic Graph) to enhance transaction throughput and scalability. Taraxa’s blockchain technology is lightweight and designed to ensure rapid reconciliation of unstructured data, meaning its consensus mechanism efficiently processes even the smallest transactions with reliability. At its core, Taraxa aims to address the trust deficit in informal agreements by providing a robust infrastructure for unequivocal verification and accountability, making it especially valuable to sectors where informal contracts are prevalent.
