💡About TAN

Welcome to the TAN Network, a pioneering blockchain platform designed to provide a secure, efficient, and scalable environment for decentralized applications (DApps) and digital assets. At the heart of the TAN, our native cryptocurrency TAN, which powers the entire ecosystem.

What is TAN ?

TAN is the native coin of the TAN Network, serving multiple critical functions within our blockchain ecosystem. It acts as the primary medium for transactions, a reward for validators, and a staking asset for securing the network. TAN is integral to the smooth operation and governance of the TAN blockchain.

Key Features of TAN

1. Proof-of-Stake (PoS) Consensus: TAN leverages a (BPoS) consensus mechanism, which is more energy-efficient and secure compared to traditional Proof-of-Stake (PoS) systems. Validators are chosen based on the number of TAN tokens they hold and are willing to "stake" as collateral, encouraging active participation and network security.

2. Halving Mechanism: To promote scarcity and potentially enhance the value of TAN over time, the block rewards for validators are halved every four years. This halving mechanism controls the supply of new TAN coins, aligning with long-term value growth and economic stability.

3. Staking and Rewards: TAN holders can participate in the network's consensus process by staking their tokens. In return, they receive rewards in the form of additional TAN coins. This staking process not only secures the network but also provides an incentive for users to hold and utilize TAN.

4. Smart Contract Capability: The TAN Network is EVM-compatible, allowing developers to deploy and interact with smart contracts seamlessly. TAN is used to pay for gas fees associated with executing smart contracts, making it a vital component for developers and users engaging with decentralized applications.

Use Cases for TAN

• Transactions: TAN is used for peer-to-peer transactions within the TAN Network. Users can send and receive TAN quickly and securely, leveraging the blockchain's efficiency.

• Staking and Validation: By staking TAN, users can become validators and help secure the network. Validators earn rewards for their participation, contributing to the overall health and stability of the blockchain.

• Decentralized Applications (DApps): Developers can use TAN to power their DApps, paying for computational resources and transaction fees. This utility encourages innovation and the creation of diverse applications on the TAN Network.

• Governance: TAN holders have a say in the governance of the TAN Network. Through a decentralized governance model, users can vote on proposals and changes to the network, ensuring that it evolves in a way that benefits the community.

The Future of TAN

The TAN Network is committed to continuous improvement and innovation. As we grow, we aim to enhance the functionality and adoption of TAN through strategic partnerships, technological advancements, and community engagement. Our vision is to create a thriving ecosystem where TAN is widely used and recognized as a cornerstone of decentralized finance and blockchain technology.

Join us on this exciting journey and become a part of the TAN Network. Together, we can build a decentralized future powered by TAN.