Texeract (XERA)

Texeract Network was a Layer 1 blockchain network that focused on eliminating gas fees and securing transactions using a built-in Layer 2 network solution. Leveraging the fundamental work and functionalities of ZK-Rollups and Optimistic Rollup, Texeract Network promised scalability, validity-proof, and fraud-proof transactions.

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Interest lvl

Low

Updated: Mar 21, 2025

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User Rating

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4.9/5 • 24 votes

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Ticker

XERA

Type

Utility-token

Token standard

SPL

Registration year2024

Ecosystems

Optimism Arbitrum Solana

+1

What is Texeract

Texeract Network undertakes a transformative journey with a multifaceted objective aimed at reshaping the landscape of blockchain technology. At its core, Texeract's primary goal is to serve as a secure starting point for newcomers venturing into the intricacies of the blockchain space. By prioritizing the protection of user funds during transactions, Texeract ensures a safe and user-friendly entry point for beginners, fostering a sense of confidence and trust in the decentralized ecosystem.

In tandem with this commitment to security, Texeract Network aspires to revolutionize and extend beyond the conventional practices observed in early blockchain networks. The integration of cutting-edge technologies, such as ZK-Rollups and Optimistic Rollups, underscores Texeract's dedication to addressing the longstanding challenges of scalability and gas fees. By pushing the boundaries of what is deemed possible in the blockchain realm, Texeract envisions a future where transactions are not only efficient and cost-effective but also inherently secure.

Furthermore, Texeract positions itself as a dynamic platform that goes beyond the ordinary. The network's compatibility with the Ethereum Virtual Machine (EVM) and strategic embrace of EVM-created networks solidify Texeract's commitment to collaboration and inclusivity. This unique approach not only facilitates a seamless transition for developers but also contributes to the creation of a vibrant and diverse ecosystem of decentralized applications.

In essence, Texeract Network's objectives are twofold: to provide a secure on-ramp for blockchain novices and to spearhead a transformative wave of innovation within the industry. By setting out to redefine conventional practices and offering a secure haven for beginners, Texeract emerges as a beacon of change, symbolizing the next frontier in the evolution of blockchain networks. Through these objectives, Texeract aims not only to meet current industry standards but to surpass them, setting a new paradigm for the decentralized future.