The era of blockchain and Dapps is still in it's infant stage and already we've witnessed some promising projects that've made use of these technology. As this promising era unfolds so does the concern of privacy increases, Taxa Network was founded to ensure this problem is addressed.

Taxa Network is a smart contract platform powered by state-of-the-art trusted computing technology. Taxa a 2 Layer infrastructure brings performance, privacy and usability to every blockchain and their DApps, enables data-rich, computation-intensive, privacy-preserving, highly developable smart contracts named Hyper Smart Contracts for any blockchain and DApp. Taxa Network implemented a layered structure to communicate with public blockchains and DApp clients.

Taxa Network compromisies of three layers:

Client Layer: Here end users can launch Taxa client by making use of Taxa Hyper Smart Contracts to embed the Taxa SDK into Dapps.

Public Blockchain Layer: Taxa will outlined a handful of smart contracts on the public blockchain in order to task the Taxa Network, these include such as payment settlement, status change, etc. Also you can either implement Hyper Smart Contract from a user in Taxa network or the public smart contract.

Trusted Execution Layer: Taxa Trusted Execution Layer is a decentralized network consisting of TEE-enabled computing nodes, responsible for executing high-performance, privacy-preserving smart contracts and feeding results and states. This layer will respond to and pick up the tasks from the Public Blockchain Layer, attest and establish secured connections with users, and receive secret data directly from users. The execution result will be feed back to the Public Blockchain Layer.



Each Taxa Node includes at least one hardware-based trusted execution environment. A PBFT (Practical Byzantine fault tolerance)-derived PoS consensus mechanism is applied to ensure Taxa Network’s availability, reliability and reinforce the consistency of the results in a more robust way while minimizing redundant computations. Advantages of these are; Low latency i.e No confirmation is needed, Faulty nodes leave crypto proofs and Taxa Network is load-scalable in other words Scalability increases as more nodes join in.

They introduced layered design to move on-chain logic processing to off-chain. In this layered design, Taxa executes stateless, high-performance, privacy-preserving smart contracts, while interacting with the consensus layer of public blockchains to store the immutable, persistent states Taxa empowers entrepreneurs and developers to unlock whole new possibilities in wallets, decentralized exchanges, fintech, analytics, advertising, AI, identity, health, games, and more. With Taxa, developers are able to unlock whole new use cases, especially in privacy-centric and performance-centric scenarios, to enable significant, real-world deployment!

Taxa was founded by TF Guo and Esther Hu . TF Guo is a blockchain advocate since 2014 who became a white hat at the age of 16. He is an expert in security and cryptography. He was a technical advisor of Amino Capital and FBG Capital, and co-created Silicon Valley’s notable entrepreneur community, Shinect. TF received M.Sc. in Computer Science from GWU.

Esther Hu is a mathematical modeler who enjoys solving big, real-world problems. She led a wide range of interdisciplinary projects on automated trading strategies, quant risk modeling, financial derivatives, psychological statistics, health economics at Thomson Reuters, Stanford University, and Peking University. Esther received M.Sc. in Statistics and M.Sc. in Financial Mathematics from Stanford University.

The team are about to get fired up on their social media activities, here are the links to their social media outlets.

Website: https://taxa.network

Telegram: https://t.me/taxanetwork

Twitter: https://twitter.com/taxanetwork

Facebook: https://www.facebook.com/taxanetwork/

AngelList: https://angel.co/taxanetwork

Medium: https://medium.com/@taxanetwork



