Taraxa Progress Update: April, 2023

Steven Pu
Taraxa Project
Published in
2 min readMay 2, 2023

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State of the network as of May 1, 2023:

  • 1.545 billion TARA staked and delegated
  • 36 active consensus nodes on the Mainnet
  • 171 active consensus nodes on the Testnet
  • 423 monthly commits across top repos in Github

🪁 Keeping up with the latest network stats

💡 April Highlights: Conversion Completed!

  • Successfully completed the native token conversion! TARA is now on its mainnet as a native Layer-1 token
  • Ecosystem project Herbswap officially launched on Taraxa’s mainnet!
  • Taraxa began working with a professional marketing team, Nolita Marketing, to raise awareness and drive adoption for the entire ecosystem

📒 Ledger Updates

  • 🩹 Improved partitioning attack recovery
  • 🗒️ More detailed RPC error messages
  • ⛽️ Improved gas estimation to prevent transaction failures due to low gas (bad estimates)
  • 📈 Rate-limited DAG queue growth so it doesn’t outstrip processing speed
  • 🛑 Merged peer reduction when network is stuck to prevent nodes from being overwhelmed with gossip
  • 🐞 Fixed DAG storage / retrieval problem at startup

🌱 Ecosystem Updates

  • 📊 Yield ratio calculation being tested so stakers can pick the best validator nodes
  • 🧩 UI for re-delegation built & being tested
  • 📢 New internal version of Hype deployed & being tested
  • 💾 Better db change handling: migrations on minor & rebuild-db on major changes
  • ✅ State-root validity is enforced prior to processing synced PBFT blocks
  • ⛽️ Won’t use all provided gas when a Tx is reverted in due to error
  • 🔩 Community site fixes & improvements on delegation, un-delegation, validator info
  • 🚿 Testnet faucet fixed, now working properly and in the docs
  • 🕸️ Network & token API endpoints updated
  • 🗒️ Walkthrough on registering a validator without the community site posted, more coming!
  • 💰 Reward contract deployed, claims enabled on community site
  • ⚙️ Auto-delegate function on testnet moving to on-chain contract

Stay tuned! 🪁

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