Steven Pu
@reedvoid
Followers
2,156
Following
295
Media
123
Statuses
1,866
Co-founder of @taraxa_project , ex-Director at Monitor Deloitte, founder in IoT and mobile health startups, #Stanford EE BS/MS.
Santa Clara, CA
Joined March 2009
Don't wanna be here?
Send us removal request.
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Pinned Tweet
Can a decentralized network be both EVM-compatible and high-performing?
Of course,
@taraxa_project
does exactly this.
But many people equate the EVM with ETH's consensus, let's explore the difference.
👇🧵
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Total legit
#crypto
adoption. To those who say stablecoins aren't real "crypto", let's remember that
#blockchain
is a technology, leveraging it as a payment channel is one of the best & earliest form of adoption possible! Kudos
@Mastercard
UPDATE:
@Mastercard
confirmed its crypto integration and said it expects to bring stablecoins onto its payment network.
by
@realDannyNelson
135
1K
4K
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. $TARA's dev team just hit a major milestone in its bridge development as we began testing the Pillar Block.
🫚 State proofs for Ficus Root Bridge
🔄 Rapid node syncing
🦹 Prevents long-range attacks
🧵👇
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August 7, 2024 is a big day for the $TARA ecosystem!
1⃣ Wait for Ficus Root activation
2⃣ Deploy bridge contracts
3⃣ Deploy bridge Relayers
4⃣ Deploy UI & indexer
We'll release a bridge tutorial when everything looks good to go!
Stay tuned! 🪁
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Please join
@justintaraxa
and I in a
#XSpaces
AMA updating the community on the latest Magnolia Hardfork and what it means to the network & the ecosystem.
🗓️ November 22, 2023
🕔 5am PST / 1pm UTC
🎙️
Go $TARA!
9
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Just now had a great conversation with
@Justin_Bons
, giving him a rundown of
@taraxa_project
's great technology and roadmap!
Let's work together to spread the good word about
@taraxa_project
and
#blockDAG
! 🙏🚀
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Hi
@taraxa_project
community, I wrote up a proposal to create a Taraxa Grant Program, please check it out and give your feedback in the Discord discussion thread!
📜 Proposal:
💬 Discussion:
Thanks!
9
31
114
Been reading through
@SeiNetwork
's whitepaper, seems like its speedup is primarily through optimistic concurrency.
@taraxa_project
along with our advisor Professor Maurice Herlihy
@mpherlihy
investigated this back in 2018.
🧵👇
5
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Just went through the latest bridge UI at on the $TARA Testnet <> $ETH Holesky Testnet, looking great!
Getting ready to start the incentivized bridge testnet campaign this week so everyone can try it out! 🦾🦾
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Been talking to a ton more projects / partners lately so I built a "shortest possible intro" to
@taraxa_project
.
The rebranding is mostly done & we'll be updating all our websites & assets, including this intro.
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36
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Great conversation with
@isiqat
on the
@EarlyMinter
#TheHotSeat
show!
We covered a lot of interesting topics, some related to
@taraxa_project
, some related to
#crypto
, and some just generally cool idea to talk about.
Worth a watch!
10
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So proud of the
@taraxa_project
community + dev team.
🎊 Dev team updated testnet on Dec 22
🎄 Community reported bugs through Christmas
💪 Dev team pushed out a fix on Dec 26
Amazing ecosystem, we never stop! 🚀🚀
Testnet tech updates on Discord:
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Hi
@taraxa_project
community! I drafted a Taraxa Improvement Proposal (TIP) to cap the maximum $TARA supply and help make the ecosystem more sustainable.
TIP: .
Discussion:
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Great conversation w/
@gate_io
about
@taraxa_project
,
💎 Unique front-running prevention & non-financial use cases
🚀 Upcoming incubation program to support developers
⚙️ blockDAG based architecture and consensus innovations
... and more!
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@haydenzadams
Past 4 years of inconsistent, irrational regulatory enforcement speaks louder than a last-minute, pre-election Hail Mary.
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#blockDAG
revolution has begun, let's change the world together.
@KaspaCurrency
@taraxa_project
@Conflux_Network
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After launching
@taraxa_project
's rebranding yesterday, I realized it's been 7 years since I started the journey.
I just penned a nostalgic retrospective of the past 7 years, with historical snapshots of
#Taraxa
's website as a guide.
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Hi
@taraxa_project
community, I'll be hosting a
#Spaces
on the Taraxa Improvement Proposal to cap $TARA's total supply.
🗓️ September 21, 2023
🕔 5am PST / 12pm UTC
TIP:
Discord discussion:
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In case you missed it, I just had a great conversation with
@geek_chat1
about
@taraxa_project
.
🗺️Roadmap + a focus on DeFi infrastructure
🤖Echo enables AI to use & train with social data
🔒Taraxa's commitment to security
... and more!
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Hey
@taraxa_project
community, please check out this great AMA I just did with
@CryptoPlanetoo
to help spread the word!
🤖 What makes Taraxa unique
🏗️ How decentralization solves real-world problems
🎉 Success of our governance process
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You know
#blockDAG
consensus has made it mainstream when scammers get in on it. 🤣
For a real
#blockDAG
Layer-1 with native EVM integration, 5k tps, 3.7s true finality, instant block inclusion, and parallel + asynchronous execution, check out
@taraxa_project
. 🦾🦾
I got scammed! I feel like an idiot! don’t invest please!
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455
3K
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In case you missed it, check out this great AMA with the
@CryptoWhale1988
community on
#BinanceLive
about
@taraxa_project
!
⭐️ Real world problems
🪙 Crypto-economics
🗺️ Upcoming roadmap
... and more!
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This marks a tremendous achievement by the $TARA community.
Most teams take the shortcut, deploying a centralized multi-sig wallet & call it a "bridge".
Other teams create permissioned bridges that require users to ask permission to deploy assets, and can get kicked off
$TARA
#FicusRootBridge
Upgrade is here! 🥳 Please upgrade your node ASAP, the upgrade will trigger in ~1 week from now.
🚀 Enables the Ficus Root Bridge
💡 Activates at block height 11,616,000 (~ Aug 7, 7UTC)
⛏️ Tech details:
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Cool conversation w/
@Metablockchain0
about
@taraxa_project
,
🌏🌍🌎 We have a very international community + many language-specific groups
🔒 Security is our first priority, check out our audit w/
@HalbornSecurity
🪙 Validator & staker economic incentives is critical to the
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Just participated in a panel discussion hosted by
@web3globalmedia
, great host, great speakers, excellent questions!
Plugged $TARA's upcoming
#FicusRootBridge
, our amazing community, our crazy-dedicated dev team with a steadfast commitment to
#decentralization
.
LFG
#Taraxa
!
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Thank you
@Justin_Bons
for the opportunity to pitch
@taraxa_project
, we'd love the opportunity to tell you more about $TARA's great technology + ecosystem!
Pitch your favorite cryptocurrency to us now
This is your chance to shill, promote & increase awareness of your favorite chain!
I am already regretting this, so take advantage of it, as nothing will be ignored
Everyone is welcome to present their case:
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Re-entrancy is a well-known concept in concurrency. The same type of attack caused The DAO collapse in 2016, leading to the ETH hardfork.
Technology matters.
Check out this paper by
@taraxa_project
's advisor, Prof Herlihy
@mpherlihy
on The DAO attack.
Vyper vulnerability post-mortem report regarding the events of this past week:
tl;dr -
versions affected: v0.2.15, v0.2.16, v0.3.0
vulnerability in brief: cross-function re-entrancy is possible on contracts compiled with the susceptible versions
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@jason_koebler
Education, especially higher learning, is in for some seriously disruptive shocks in the coming few years.
Academic performance needs to be way more outcome-driven with clearly defined KPIs. If you can get the job done and
#AI
was leveraged, more power to you!
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$TARA - the actually decentralized, no-nonsense network.
ProTip: you can use
#FicusRootBridge
to turn $TARA into an ETH L2
1️⃣ Deploy dApp onto TARA
2️⃣ Bridge a portion of liquidity from ETH to TARA
3️⃣ Use dApp on TARA - faster + cheaper UX
4️⃣ Re-balance liquidity between ETH & TARA as necessary
You're welcome.
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Thanks to all our Mainnet validators, exchanges, and partners for being so responsive throughout this big upgrade!
It's been more than 24 hours since the 🌼 Magnolia hardfork has activated on the
@taraxa_project
Mainnet, and everything is going smoothly 🥳🎉
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Thanks
@MariaShen
for literally putting
@taraxa_project
on the map!
If you haven't already this is probably the most comprehensive map of
#crypto
in the world, check it out!
1/ We are excited to introduce the
@ElectricCapital
Crypto Market Map!
The Crypto Market Map tracks 1,500+ projects in crypto.
It contextualizes every major project in crypto by organizing projects into 6 tech layers & 137 categories.
Let's explore 👇🏽
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Just participated in a great panel on liquid staking tokens (LSTs) hosted by
@bracket_fi
.
Plugged $TARA's upcoming bridge launch, liquid staking (
@Lara__DAO
), and how liquid staking enables bootstrapped security to help enable
#Taraxa
subGraphs in the future.
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@FatManTerra
What's missing is a "Bill of Rights" in DAOs that protects minority rights.
You need a two-layer contract system. A base layer whose code cannot be altered or overridden, then a second layer that can be changed via voting.
Minority rights are guaranteed by the base layer.
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@taraxa_project
Congrats to the entire Taraxa community!
After bridge activated and contracts deployed, the dev team worked ceaselessly to dissect every test bridge transaction to make sure they all looked OK, and they all do!
#Taraxa
is a project where the quality of the tech matters!
3
17
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Great discussion on this spaces hosted by
@FlagshipFYI
.
#decentralization
is important -
@taraxa_project
is designed to be fully decentralized, risk of single point of failure w/ founders, how tech can help push back against tyranny.
$TARA
0
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Our ecosystem lead engineer made a hardware price feed board on his desk 😆
@realLeoMocanu
@taraxa_project
$TARA
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@DesheShai
Honestly being DDoS-ed is a good sign, that means the project has made it 😀
What's worse than hackers DDoSing you? Hackers ignoring you b/c you're too small to matter 🤣
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Insufficient attention is paid to Trust, the invisible foundation of our civilization.
Technology has steadily drove the breakdown of Trust, and only technological solutions can restore it.
Decentralization is one such promising technology.
🧵👇
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With so many centralized crypto infrastructure getting heavily funded & promoted, perhaps we should ask ourselves: why does
#decentralization
matter?
Let's get back to the basics. 🧵👇
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While
#crypto
narratives come & go, we
@taraxa_project
work consistently to solve real-world problems w/
#decentralization
.
#Echo
- a
#DePIN
platform for
#AI
agents - is a prime example of our long-term determination, here's the journey 👇🧵
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@DesheShai
@justintaraxa
Same to you
@DesheShai
!! So happy + honored to be talking to the co-author of the Phantom GhostDAG paper and a true technologist.
Let's all work together to spread the word on blockDAG!!
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@taraxa_project
's TIP-2 to cap TARA's total supply is near the end of the voting period! Please vote before it expires on 🗓️ Oct 30, 2023, 5:00 AM PST.
Vote here:
As of this posting it's 95.43% FOR capping the TARA supply!
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Misconceptions about "DAG" in decentralized networks still abound, even from well-known influencers.
I wrote an article to dispel these misconceptions, 4 years ago, it's unfortunate🤨that this article is still very relevant, even today.
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15
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Great conversation with Diederick
@HouseofChimera
!
Covered a lot of topics, from tech to macroeconomics, to the upcoming proposed governance vote to
@taraxa_project
's crypto-economics.
Worth a listen!
4
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Check out this AMA recording where we covered,
🌼 Magnolia improves security, performance, QoL for validators + devs and more
🧑💻 Wholistic plans on dev outreach + support to drive adoption
🗺️ Short-term & long-term focus
... and more!!
0
11
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Another great discussion hosted by
@CrushProtocol
.
1⃣ Scaling L1 infra (like
@taraxa_project
) + improving dApps efficiency, don't build more centralized L2's
2⃣ L1s' halting (e.g., TON, Solana) is desired behavior to prevent worse things (e.g., forking).
3⃣ Trust on-chain
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Great L1 discussions hosted by
@Voi_Net
!
1⃣
#decentralization
matters - why else be in web3?
2⃣ Need to develop new non-financial use cases like Social AI - copy/pasting defi just gets us more VC-centralized ecosystems.
@taraxa_project
$TARA
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Great conversation on the tradeoffs between security, innovation, and convenience.
Talked about
@taraxa_project
's early enterprise use cases in asset leasing and smart mobility, as well as the virtues of audit trails as the future dominant use case.
1
17
50
The new Mission Impossible movie had a "decrypting blockchain" scene where a wallet app is trying to get the funds and it's taking FOREVER. 🤣
@MissionFilm
should've used
@taraxa_project
, you get your funds in ~3.7 seconds. Come on, Tom Cruise deserves the best. 💪
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Just participated in this great panel hosted by
@Legion_Ventures
- ended early (
@X
pls make Spaces more stable!) - but still worth checking out!
Pitched
@taraxa_project
#Echo
's social AI stack, especially its spam / spammers / bots filtering models.
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Great step forward 👏👏
#crypto
is ahead of the curve with its native
#opensource
ethos: can't enforce non-compete when the product is free to duplicate.
Everything $TARA builds is open source. We welcome competition, collaboration, and open innovation.
@taraxa_project
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Try out
@fusyfox
on $TARA if you haven't, very cool game!
🚀 Exciting milestone!
We’ve just surpassed 2,104 unique wallet addresses on
@taraxa_project
since launch!
A huge thank you to everyone for your amazing support
Let’s build the future of gaming together!
$TARA
#Gaming
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Designing consensus makes you super paranoid 🤨, constantly thinking up exploits - it also makes you realize the real world is full of exploits 😬
The fact that our civilization still stands despite all these exploits means 99.99% of us are good people 🥰
Happy holidays! 🥂
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@volodarik
One of the advice Peter Thiel gave me during a guest lecture is that to succeed as a founder, you must be "irrationally optimistic" - no mean feat.
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Ahead of the
@taraxa_project
's mainnet candidate release, we want to make sure everyone's is fully informed of the rollout plan and the upcoming changes.
We'd love to hear from everyone! Let us know what you think.
#Taraxa
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@ljxie
At Taraxa reputation is literally our mission. We're building the Echo platform that tracks and quantifies social interactions, behaviors, and impact to help enable better marketing ROI, trend spotting, and yes, quantifiable reputations. Love to give you a demo when it's done!
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To
@taraxa_project
community, if you want to participate in the governance vote but want to test out the voting system first, there's a test vote active that you can test out.
TEST vote:
TIP-2 vote to cap supply:
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#RWAs
is hugely promising for
#decentralized
networks, but with hurdles,
(listen to the end
@imcryptohustler
busting out mad rhymes)
1⃣ Assets are heavily regulated (e.g., securities) sit on private chains with proprietary KYC-ed apps, 100% centralized.
2⃣ No authoritative
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6
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Such a huge honor to be talking to the co-author of the Phantom GhostDAG paper 😍🫡
@reedvoid
and
@justintaraxa
of $tara are two very nice people with a surprisingly deep understanding of the blockDAG paradigm. They chose to take it in an innovative direction, which I don't fully understand yet.
My personal perception is that PoS and PoW are fundamentally
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Just participated in a great panel hosted by
@CrushProtocol
.
Plugged Taraxa Echo's awesome reach (20k TG groups, >1m daily messages), and our awesome ecosystem dApps like
@0xTrendSpotter
, Hype, and more.
If you're building on
@telegram
, let's talk!
1
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@DesheShai
Let's see if this works. I got an artist to draw this comic illustrating how ghostdag enforces ordering - if you're able to enforce ordering you don't get into double-spends.
Lot of panels so I'll put captions around each panel.
1/ Lots of people waiting in single-line
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We got a lot of team members in Romania 🇷🇴🇷🇴
They look totally badass, wish I looked half as cool. 😎
@realLeoMocanu
@VargaElod4
@fgeo91
@taraxa_project
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Starting now!
Please join
@justintaraxa
and I in a
#XSpaces
AMA updating the community on the latest Magnolia Hardfork and what it means to the network & the ecosystem.
🗓️ November 22, 2023
🕔 5am PST / 1pm UTC
🎙️
Go $TARA!
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Magnolia represents months of hard work by the
@taraxa_project
dev team, based on continuous testing as well as community feedback.
Looking forward to this upgrade graduating from the testnet and onto the mainnet!
go $TARA!
📢 Ledger
#taraxa_quick_update
🌼 Magnolia beta hardfork was deployed on the Testnet, please upgrade your testnet nodes & expect Testnet disruptions.
This is a MAJOR update, some highlights,
✂️Faster pruning for Lite Nodes
🤏Less memory usage during pruning for Lite nodes
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Starting in 30 minutes 😀
Hi
@taraxa_project
community, I'll be hosting a
#Spaces
on the Taraxa Improvement Proposal to cap $TARA's total supply.
🗓️ September 21, 2023
🕔 5am PST / 12pm UTC
TIP:
Discord discussion:
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🔄 Rapid node syncing
Pillar Blocks enables nodes to trustlessly and rapidly verify network snapshots, so new & recovering nodes can join the network quickly without falling victim to malicious actors. 🚀
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@martypartymusic
Hey Marty, it's possible to be EVM-compatible and have a high-performing next-gen consensus!
Love to come onto your Spaces and chat about it!
Can a decentralized network be both EVM-compatible and high-performing?
Of course,
@taraxa_project
does exactly this.
But many people equate the EVM with ETH's consensus, let's explore the difference.
👇🧵
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This Trilemma chart is a bit misleading. You can reach higher Scalability without sacrificing Security or Decentralization if your protocol expands the entire space within which you can optimize.
🧵👇
What does scaling a blockchain 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 mean? Do rollups & L2s really scale Ethereum? If so, where does this superpower emerge from?
Buckle up, it's time to demystify these secrets!
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Over 113 million TARA was delegated in just a few days! Thank you
@taraxa_project
's amazing community!
If you have staked but have not delegated, please do so by Jan 24, 2022!
Learn more:
Delegate now:
#Taraxa
#GoTaraxa
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Great
#Spaces
hosted by
@LayerOneX
!
All the tech for privacy & control over personal data exist in
#crypto
, today!
With more maturation & competition (happening rn) + rational regulations (not happening)
#decentralization
is the perfect tech to drive mass adoption for privacy
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Also just in:
The Post Office is deeply opposed to emails, the internet, etc.
JUST IN - JPMorgan Chase CEO Jamie Dimon: "I've always been deeply opposed to crypto,
#Bitcoin
, etc."
"If I were the government I'd close it down."
3K
963
5K
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Incoming reset: The
@taraxa_project
dev team plans to merge the codebase from the devnet to the testnet at ~9pm PST on Nov 28.
We'll let everyone know once the code merge has been completed. This will effectively reset the network.
A big thanks to all our node operators!
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5
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Garbage in, garbage out, classic & hard to solve problem.
When
@taraxa_project
built applications with IoT endpoints we secured the data at the source to minimize entities lying to the blockchain.
.
@chainlink
’s “Proof of Reserve” service relies on 16 data sources to report that Paxos’s USDP and PAXG stablecoins are fully-backed. But all of those sources get their data from the same place: Paxos itself
@skesslr
reports
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Cool chat hosted by
@decentric_io
.
#decentralized
networks enable unprecedented opportunities to create verifiable reputation, backed by on-chain audit trails of the contributing data & analytics.
@taraxa_project
's social AI platform Echo is doing R&D on quantified &
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6/7 EVM-compatibility = top priority
@taraxa_project
chose to maintain EVM-compatibility in 2018 due to the strength of its ecosystem, and optimized it for a high-throughput blockDAG network.
We gave up optimistic concurrency for more generalized dApp speedups.
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🔥 479 block producing nodes 🔥 on the
#Taraxa
testnet! A huge thanks to
@taraxa_project
's awesome community!
🌱Check out our testnet nodes:
🕸️Join our testnet:
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8/ You can have your cake & eat it too!
It wasn't easy, but
@taraxa_project
is
🎂 Natively EVM-compatible, and
😋 the EVM benefits from the full speedup of the high-performing, revolutionary blockDAG architecture
Who says you can't have it all? 🎁🚀
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Week 47, 2021 testnet node operator winners are here! Congrats to the winners and a huge thank you to everyone who participated!
🔥 549 nodes synced & produced blocks 🔥
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Locking hundreds of millions into a multi sig wallet in return for riskless yields….
hmm where have I seen this before 🤡
0
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5/ Removing the bottleneck makes EVM fast again
@taraxa_project
has true finality with zero risk of rollbacks, so we're able to read directly from the statedb without loss of security🔒guarantees. Commits into the MPT is also done in parallel.
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7
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Great discussion hosted by
@Voi_Net
.
Agree 💯 that solving distribution based on effort is the best way to make governance fair & efficient.
@taraxa_project
's social AI platform Echo helps to measure effort as reflected in social conversations, come talk to us!
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Great RWA discussion hosted by
@GoRWAChain
.
I think RWAs' most important consumer benefit is giving everyone access to assets that weren't widely available before - e.g., fractional ownership of residential real estate abroad, foreign sovereign debt.
You can build all these
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To complement the excellent infographic on Taraxa's phased rollout, here's some text 😀
1
6
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Thank you Seth for a great conversation in helping spread to the word about
#blockDAG
and
@taraxa_project
.
One of the most informative interviews I've done!
I appreciate
@reedvoid
&
@taraxa_project
for taking the time to inform my community on $Tara
Check out the live!
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