Distributed ledger technologies (DLT) can address many of IoT's challenges, making them perfectly complementary. The bad news is, current DLT's foundation is weakened by numerous flaws, making it poorly-suited for large-scale IoT applications, which is why we built Taraxa. Inspired by the principles of software transactional memory (STM), Taraxa achieves node-level concurrency by speculative parallelization of smart contract calls, with conflict minimization achieved from built-in concurrent data structures.
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