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Home»Blockchain»Trac Core Launches ‘Trac Core for TAP Protocol’ to Revolutionize Bitcoin Data Indexing
Blockchain

Trac Core Launches ‘Trac Core for TAP Protocol’ to Revolutionize Bitcoin Data Indexing

2024-01-29No Comments2 Mins Read
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In a groundbreaking development for Bitcoin’s data indexing landscape, Trac Core has announced the launch of “Trac Core for TAP Protocol,” according to a January 26 press release.

Trac Core’s journey began in May 2023, focusing on developing decentralized data indexing technologies based on Ordinal-based metaprotocols. The launch of the TAP Protocol marks a pivotal moment in simplifying and streamlining the data indexing process on the Bitcoin network.

With the introduction of ‘Trac Core for TAP Protocol’, Trac Core advances its technology and integrates key standalone protocols such as TAP and PIPE, heralding a new chapter in data management and usage in the blockchain arena.

User-friendly approach

The standout feature of ‘Trac Core for TAP Protocol’ is its user-friendly installation. Developers can now quickly deploy operational environments with a simple command, bypassing the traditional complexities of setting up Bitcoin Core and Ord Wallet.

This ease of use is expected to attract a wider range of developers and innovators to the Bitcoin ecosystem, fostering various projects and applications. Furthermore, Trac Core’s open-source nature invites global contributions, ensuring continuous improvement and evolution of the platform.

The Trac Network Ecosystem is a collaborative framework that includes indexers (writers), validators, and peers (readers). Indexers are critical to maintaining the robustness of the network by contributing their indexing results.

Validators, on the other hand, ensure the accuracy of this data and compensate indexers with $TRAC (BRC-20) tokens, which can then be exchanged for $TAP (TAP Protocol) tokens based on performance metrics. Peers, who are an integral part of the ecosystem, can access this validated data at no cost and support various applications and marketplaces.

See also  'Bitcoin to $1.5 Million' Price Prediction Could Come True This Way - Exec

Sustainability focus

Trac Core runs on the widely adopted NodeJS development platform and is optimized for compact devices such as the Raspberry PI 3–5. This capability enables multiple protocol instances on a single device, which is much more cost-effective and environmentally friendly than conventional methods.

The immediate availability of ‘Trac Core for TAP Protocol’ is just the beginning. Trac Core’s ambitious roadmap includes the upcoming releases of Bitmap, Bitmap Parcels, Ordinals, Wallets, PIPE Protocol, and Doginals.

Trac Core plans to unveil additional tools, apps and indexer packages and complete the implementation of validators and incentive structures in 2024, outlining a comprehensive and forward-looking journey.

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Bitcoin Core Data Indexing Launches Protocol revolutionize Tap TRAC
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