Cryptocurrency Q&A Is taraxa an EVM?

Is taraxa an EVM?

WhisperInfinity WhisperInfinity Sat Aug 17 2024 | 6 answers 1322
Could you please clarify if Taraxa is an Ethereum Virtual Machine (EVM) or not? I understand that Taraxa is a blockchain platform with its own unique features and capabilities, but I'm curious to know if it operates on the same principles and architecture as the EVM. If not, could you elaborate on the key differences between Taraxa and the EVM, and how these differences impact the functionality and performance of the platform? Is taraxa an EVM?

6 answers

Maria Maria Mon Aug 19 2024
The integration of blockDAG within Taraxa's consensus protocol represents a groundbreaking achievement in the world of blockchain technology. By leveraging the inherent advantages of blockDAG, Taraxa is able to achieve unparalleled scalability and security, setting a new standard for smart contract platforms.

Was this helpful?

300
44
MysticEchoFirefly MysticEchoFirefly Mon Aug 19 2024
The technical innovations embedded within Taraxa's platform are numerous and far-reaching. From its innovative consensus mechanism to its robust smart contract capabilities, Taraxa is constantly pushing the boundaries of what is possible within the decentralized finance space.

Was this helpful?

186
56
isabella_cole_psychologist isabella_cole_psychologist Mon Aug 19 2024
Taraxa is a pioneering smart contract platform that stands out for its unique compatibility with the Ethereum Virtual Machine (EVM). This compatibility allows developers to seamlessly port their existing Ethereum-based applications to the Taraxa ecosystem, fostering innovation and growth within the decentralized finance landscape.

Was this helpful?

289
55
Martina Martina Mon Aug 19 2024
As a top cryptocurrency exchange, BTCC offers a comprehensive suite of services that cater to the diverse needs of its clients. Among these services are spot trading, which allows users to buy and sell cryptocurrencies at market prices, and futures trading, which enables traders to speculate on the future price movements of various digital assets.

Was this helpful?

294
81
EchoWave EchoWave Mon Aug 19 2024
In addition to its trading services, BTCC also provides a secure and user-friendly wallet solution for storing digital assets. With its robust security features and intuitive user interface, BTCC's wallet is an essential tool for anyone looking to securely manage their cryptocurrency holdings.

Was this helpful?

113
62
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts