Taraxa Progress Update: April, 2024

State of the network as of May 5, 2024:

2.032 billion TARA staked and delegated
77 active consensus nodes on the Mainnet
2,704 active consensus nodes on the Testnet
10,345 unique wallet addresses on the Mainnet

Ecosystem Highlights:

All components of the Ficus Root Bridge have been built and deployed as development enters the end to end testing phase, with an audit scheduled in May. We are still on track to deliver by the end of June (end of 2Q 2024), but security remains the overriding priority over the delivery timeline.
Taraxa’s TinkerFest Hackathon launched with a BANG! The dev team put together a rich lineup of workshops to help guide & onboard hackers to be able to successfully build on the Taraxa network.

$TARA 's #TinkerFest hackathon starts in 2 days! Don't miss the lineup of excellent workshops & presentations that'll help you hit the ground running!

All workshops take place in Taraxa's Discord server: https://t.co/Ifoj9XA1s5 pic.twitter.com/TCjJthhxCm
— Taraxa Project (@taraxa_project) April 1, 2024
Aspen Upgrade has fully taken effect on Taraxa’s mainnet, effectively capping the maximum supply of $TARA to 12bn, and has been officially supported by both CoinMarketCap and CoinGecko.

$TARA 's major #Aspen upgrade has taken effect, capping the maximum $TARA supply to 12bn.

Smooth sailing, no interruptions, the way it should be. #LFG $TARA ! pic.twitter.com/cAM30QlW7z
— Taraxa Project (@taraxa_project) April 3, 2024

Thank you ❤️ to @coingecko for updating $TARA 's maximum supply after the #Aspen upgrade! https://t.co/ylvzkG5A2X

The #Aspen upgrade makes the #Taraxa ecosystem sustainable + incentivized by capping the maximum supply of $TARA to 12bn with an exponentially decaying yield curve. pic.twitter.com/xRX76ko6XR
— Taraxa Project (@taraxa_project) April 15, 2024

Thank you ❤️ to @CoinMarketCap for updating $TARA 's maximum supply after the #Aspen upgrade! https://t.co/ylvzkG5A2X

The #Aspen upgrade makes the #Taraxa ecosystem sustainable + incentivized by capping the maximum supply of $TARA to 12bn + an exponentially decaying yield curve. pic.twitter.com/E8z52RlXos
— Taraxa Project (@taraxa_project) April 19, 2024
In addition to capping the overall supply, the Aspen Upgrade also made staking yields across validators much fairer.

#Aspen upgrade did more than just cap the max $TARA supply, it also made staking yields FAIRER by equalizing yields across the entire network, no matter where you are or what hardware you're running 💪 #BUIDL on $TARA , a Layer-1 where fairness matters! https://t.co/2J7nKRzdcL https://t.co/DwqimKzaQm
— Taraxa Project (@taraxa_project) April 16, 2024
We are continuing with our monthly Progress Update / AMA, on the second Thursday of every month, 12pm UTC. In April we primarily covered the development progress of the Ficus Root Bridge: tl;dr it’s on track!

https://t.co/yrtsoRzJ42
— Taraxa Project (@taraxa_project) April 11, 2024
TrendSpotter, the first AI agent deployed on Taraxa’s Echo platform, is entering a closed Alpha. In a nutshell, TrendSpotter generates social signals to help you time your trades! There’s still time to get in! Check out a summary of our AMA with the TrendSpotter team.

In case you missed the AMA w/ @0xTrendSpotter , here's a text summary!

Enjoy and be on the lookout for more developments on how $TARA 's #blockDAG + #EVM Layer-1 is powering #AI . 🤖🦾 https://t.co/q6ZmeLQ3hu
— Taraxa Project (@taraxa_project) April 30, 2024
Be on the lookout for Echo, a DePIN for AI platform built on top of Taraxa that the dev team has been working on for many years founded on a highly unique social dataset that doesn’t exist anywhere else!

Be on the lookout for more updates on $TARA 's #Echo , #DePIN for #AI .

Build on $TARA , where the dev team stays the course: https://t.co/2J7nKRzdcL . https://t.co/jt4RhvgZbz
— Taraxa Project (@taraxa_project) April 30, 2024

🪁 Keeping up with the latest in Taraxa

Stay tuned! 🪁