Texeract Network
Texeract Network is a Layer 1 blockchain designed to eliminate gas fees and enhance transaction security through an integrated Layer 2 solution. Utilizing ZK-Rollups and Optimistic Rollups technologies, the network aims to deliver scalability while ensuring validity and fraud resistance in its transactions. [1] [5]
Overview
Texeract Network is an independent Layer 1 blockchain designed to provide efficient and secure transaction processing while maintaining independence from existing networks. Unlike Ethereum forks, Texeract operates as a standalone platform with a distinct focus on innovation and scalability. The network utilizes a Proof-of-History (PoH) mechanism to timestamp transactions, enhancing efficiency and reducing the likelihood of forks. This is further augmented by AI-driven validators, which intelligently verify timestamps to ensure rapid and reliable processing.
To strengthen scalability and performance, Texeract integrates established Layer 2 solutions such as Optimism, Starknet, Arbitrum, zkSync, Gosh, and Cartesi. These technologies work collectively to create a stable and high-performing blockchain ecosystem. Texeract Network also supports multiple prominent chains, reflecting its interoperability goals. Supported chains include Ethereum, BNB, Polygon, Solana, Polkadot, NEAR Protocol, TRON, and Avalanche.**** [2] [3]
Products
The Watcher
The Watcher is an AI-driven security node integrated into the Texeract Network to enhance its operational integrity. Its primary functions include verifying and validating wallets and user activity while detecting and eliminating bots and spam wallets. By mitigating spam and bot interference, The Watcher ensures that rewards are distributed equitably among legitimate participants. This system embodies Texeract Network's commitment to fairness, transparency, and trust within its ecosystem. [4]
Tokenomics
Texeract Network Token ($XERA)
XERA Coin serves as the native cryptocurrency of the Texeract Network, playing a central role in transaction facilitation and network governance. It enables users to execute secure and efficient transactions while also participating in the governance processes of the network. [1]
Allocation
The allocation of XERA Coins within the Texeract Network is structured as follows:
- Project Development: - 6% (60,000,000 XERA Coins) reserved and locked for five years to ensure long-term growth and sustainability.
- Developers are permitted to unlock 0.1% (1,000,000 coins) monthly for operational support and enhancements.
- Marketing Allocation: - 4% (40,000,000 XERA Coins) allocated to influencers and content creators to promote project awareness and engagement.
- Investor Allocation: - Seed Sale: 5% (50,000,000 XERA Coins).
- Public Sale: 10% (100,000,000 XERA Coins). [6]
- Community Airdrop (Testnet Users): - 25% (250,000,000 XERA Coins) distributed across testnet phases to reward participant contributions:
- Phase 1: 2.5% (25,000,000 coins).
- Phase 2: 7.5% (75,000,000 coins).
- Phase 3: 15% (150,000,000 coins).
- Mainnet Contributors: - 50% (500,000,000 XERA Coins) [1]
Partnerships
IQ.Wiki Partnership
Texeract Network has partnered with IQ.wiki, the largest encyclopedia for blockchain and cryptocurrency. Texeract Network provides a secure, gas-free platform for interchain connectivity, while IQ.wiki serves as a comprehensive resource for blockchain and crypto knowledge. This partnership aims to connect advanced blockchain technology with accessible, reliable information, supporting developers, enthusiasts, and innovators in the blockchain space.[9]
Soldi Partnership
Texeract Network has formed a partnership with Soldi, a peer-to-peer decentralized lending platform, to enhance the integration of blockchain infrastructure and financial solutions. Texeract Network provides a gas-free, secure Layer 1 foundation with interchain connectivity, while Soldi enables decentralized lending and borrowing without intermediaries or restrictions. This collaboration seeks to advance the decentralized finance (DeFi) space by offering efficient transactions and a secure lending ecosystem, leveraging innovative technology to support user empowerment in managing digital assets. [6]
StealthAI Partnership
Texeract Network has formed a partnership with StealthAI, a privacy-focused platform that specializes in digital anonymity. Texeract Network offers a secure, gas-free foundation for seamless interchain connectivity, while StealthAI provides decentralized tools for secure communication, transactions, and identity management with enhanced privacy features. This collaboration aims to create a secure, anonymous, and scalable digital ecosystem by combining blockchain efficiency with advanced privacy solutions. [7]
Validium Network Partnership
Texeract Network has partnered with Validium Network, a modular blockchain solution focused on enhancing scalability and performance. While Texeract Network provides a secure, gas-free, and interoperable foundation for cross-chain connectivity, Validium Network offers fast transactions, high scalability, and strong security powered by ZK Validiums. This partnership aims to improve blockchain performance and flexibility, allowing developers and users to seamlessly engage with decentralized applications. [8]