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Tezos is a self-amending blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the protocol, including amendments to the voting procedure itself, to reach social consensus on proposals. Tezos supports smart contracts and offers a platform to build decentralized applications.
On-Chain Governance. The Tezos protocol offers a formal process through which stakeholders can efficiently govern the protocol and implement future innovations. Security.
The Tezos blockchain was designed to facilitate formal verification, which helps secure smart contracts and avoid buggy code. Proof-of-Stake. Tezos’ unique proof-of-stake consensus algorithm gives every stakeholder the opportunity to participate in the validation of transactions on the network and be rewarded by the protocol for doing so..
Tezos is another decentralized blockcahin platform that governs itself by establishing digital commonwealth. A commonwealth is a group that chooses to be linked together because of ...
Creation date: 2014-05-28
Expiration date: 2024-05-28
Tezos, a generic and self-amending crypto-ledger. Tezos can instantiate any blockchain based ledger. The operations of a regular blockchain are implemented as a purely functional module abstracted into a shell responsible for network operations. Bitcoin, Ethereum, Cryptonote, etc. can all be represented within Tezos by implementing the proper interface to the network layer. Most importantly, Tezos supports meta upgrades: the protocols can evolve by amending their own code.
The whitepaper of Tezos is 17 Pages long.
The most influencial keywords are: Protocols, Blocks, Tezos, Function, Types, Typing, Amending, Amended, Scoring chains, and Mines.file_downloadOpen Whitepaper
ADA is a token on a distributed computing platform that runs smart contracts, decentralized applications, side chains, multi-party computation, and metadata.
Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Qtum merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts.
VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information. By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.
Tezos was founded back in July 2017.
Its source code was released publicly on github on August 2016
under the UNSPECIFIED license.
Organization wise, Tezoss Development is Semi-centralized and is being developed under the lead of Arthur Breitman.
The consensus on which the Tezos network is run is called Liquid Proof of Stake, while
the underlying algorithm is called LPOS.
In the current state of Tezos currently is Working product
Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
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Tezos News and Events Broadcasting Channel
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Official Twitter account for Tezos
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There are no events for Tezos in the next 3 Months
The Google Trends chart displays the search interest on google in Tezos relative to its peak over the last year. A rising chart shows growing interest int he project.
Every change to the codebase of Tezos is registered as a commit. More active projects have many commits, dead projects nearly none.
Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.
|star 1,347 Stars|
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|sync_problem 22 Open Issues|
|border_color 0 Comment Coverage|
|lock_open UNSPECIFIED License|
Convert between XTZ and USD with the live Tezos prices, aggregated from all big exchanges that trade Tezos.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
Kathleen Breitman -
Ceo & co-founder
Kathleen Breitman is the CEO of Tezos, a blockchain-based smart contract platform with an on-chain governance mechanism to coordinate and push upgrades to its network. Prior to Tezos, Kathleen was a senior strategy associate for R3, a blockchain consortium of more than 70 financial firms. She has also worked at Accenture, Bridgewater Associates,...
Ceo & co-founder
Senior r&d engineer
Fabrice Le Fessant
Tezos is a ‘decentralized Blockchain that governs itself by establishing a digital commonwealth and facilitates formal verification’, according to its official website. Unlike Bitcoin and other cryptocurrencies, Tezos does not solely rely on mining of Tezos (XTZ) tokens to process its transactions, rather, it makes use of the proof-of-stake methodology.
The main purpose of launching Tezos was to cause a revolution in the cryptocurrency technology, by redefining the building blocks of the transaction process in order to facilitate an upgrade so that it would be replaced in a modular way. The intention was to create a cryptocurrency that can be governed decentral. The company stated that Tezos’ goal was to become “the last cryptocurrency” in the sense that all the innovative changes of competing technologies could be readily accepted and incorporated in the Tezos Blockchain. For this, Tezos will always be updated and bear the latest version of Blockchain technology (Frankenfield, 2019).
Tezos is a distributed ledger-based on Blockchain technology, just like Bitcoin and Ethereum. Its consensus mechanism is a Proof-of-Work system and it makes use of ‘smart contracts’. There is more to its good qualities as what it does in a rather revolutionary development, is that it takes the concept of smart contracts one step further, by “letting the participants directly control the rules of the network”. The modular architecture of Tezos gives it a competitive edge as flexibility and scalability are two major issues that have halted Bitcoin from growing. The project is far from being finished (Smith, 2018).
Tezos was founded by Arthur Breitman and Kathleen Breitman in 2014. With a team of core developers, the two started working on the technology with their headquarters located in Switzerland. Arthur and his wife control the founding company Dynamic Ledger Solutions (DLS) and own the intellectual property rights of the Tezos technology. The token’s ICO was organized by Tezos Foundation which is headed by Johann Gavers (The Analyst Team, 2018).
After Dynamic Ledger Systems (DLS) announced their adamant vision of developing a technology of the sort of Tezos in 2014, the cryptocurrency much to people’s surprise was dormant in the market, but as it turned out, a lot was happening behind the scenes rather than on its marketing. The team spent quite a time developing the ledger system of Tezos and then finally in 2017, DLS butted heads with Tezos Foundation to hold its first-ever Initial Coin Offering (ICO) event.
Tezos Foundation, under Johann Gavers, drew a massive hype and brought a lot of attention to Tezos cryptocurrency in their first ICO which began on 1 July 2017. In a record-breaking event, Tezos managed to raise $232 million which showcased the belief and trust the users put in the technology (Frankenfield, 2019).
However, things went downhill for both Tezos Foundation and DLS soon after their successful ICO launch. It was revealed that Arthur Breitman, a former employee of Morgan Stanley, had not disclosed his involvement in DLS and had built Tezos architecture while still working at Morgan Stanley. He was, for this reason, fined $20,000 by FINRA and suspended from associating himself with any broker-dealer firms (The Analyst Team, 2018).
In a turn of events, a public squabble between the Breitmans, who owned the intellectual rights of Tezos, and Johann Gavers, the head of Tezos Foundation, broke out. Gavers refused to release the funds generated through the ICO to DLS. As a result of the dispute, the launch of the Tezos platform was delayed and it led to mayhem within the Tezos community. After being in the news for the bad reason, Gavers decided to step down from Tezos Foundation. He left the company with a severing amount of $400,000 and a broken image of the Foundation. However, since then, the developments regarding Tezos have streamlined and things are getting back into shape (Mitra, 2019).
Though no official statistics are available, it is believed that Tezos Blockchain will generate a whopping 10 billion Tezos Tokens. This might create inflation issues.
Tezos network has been developed by Dynamic Ledger Systems (DLS) under the technical leadership of CTO Arthur Breitman. The code is placed under the MIT Open Source License and all development works happen on GitLab. Code development is solid.
|Adoption||Tezos has returned to the mainstream media after being dormant for some dormant years. As compared to previous years, it is being greatly accepted by the general public and developers are giving the Tezos network a shot as some are building their DApps on top of the Tezos network.|
|Transaction speed||The transaction speed is much lower compared to other cryptocurrencies.|
|Transaction cost||There are virtually zero transaction fees on the Tezos network. Contrarily, the users are rewarded for their involvement in the transactional process.|
|Energy consumption||Tezos Blockchain is not based on mining procedures and for that reason, it is not energy-intensive.|
|Decentralization||At the core of Tezos Blockchain is an improved decentralized network. It allows users better participation in the process while maintaining a high level of decentralization of the network. Tezos is basically cleaning the concept of decentralization from tyrannical remnants.|
|Product availability||The technology (still in beta-phase) has been launched in May 2019. There are other products in the form of DApps as well. However, a little time is required so that the test performance situation would become clear.|
|Exchange availability||Tezos is available on the top exchanges.|
|Security||Relatively low. The coin is relatively new/unproven.|
|Transactions per second||Tezos has achieved a TPS of around 40 on its Mainnet (live network). However, the Tezos foundation claims that its theoretical limit is much higher than this.|
|Privacy||Transactions with this coin are pseudonymous.|
Since the recent positive press began to emerge for Tezos, things have been changing for the best and plans are moving toward the right direction, but technical hurdles might break this project’s neck. The crypto revolution might have to wait for a longer time than it anticipated.
Just like Ethereum, Tezos offers a Blockchain platform that allows users to develop their own DApps and software protocols. According to the official website, more than 1000 different developers are working on different projects. Some of the notable projects listed by the official website are Tezos Agora, TZ Hunt, Tezsure and Pocket Network.
Tezos holds a lot of potentials. The modular approach that it suggests, gives a whole new meaning to the development of Blockchain technology. If Tezos manages to get its breakthrough, it could render most cryptocurrencies obsolete.
Tezos is considered to be the latest technology among several cryptocurrencies. As defined in its goal, it aims to become a type of tool that is considered sufficient for everything, by adopting and upgrading its own network to compete with all other cryptocurrencies. If everything works out as planned, it will be able to substitute every other cryptocurrency including Bitcoin and Ethereum.
Tezos has finally put down their foot in the market and is building partnerships with notable firms. In a recent development, Tezos Foundation has announced in a public statement that they have signed MoU worth $1 billion with Brazil’s largest investment bank, Banco BTG Pactual and a Dalma Capital, a Dubai based asset management firm (Vitaris, 2019). Other partnerships were built with two research groups.
Tezos has recently made its way into the mainstream media and has become the talk of the town in a positive light, because before that, it was not well-represented within its community and in the eyes of the general cryptocurrency users at large. However, this trend is changing and Tezos is beginning to be talked about in better representation in various platforms and forums.
Tezos is looked after by the Tezos Foundation. There is a team of advisors and developers who constantly work towards the better development and representation of the cryptocurrency. Among this development team are Arthur Breitman, Kathleen Breitman, and Vincent Bernardoff. The advisors include Andrew Miller, Emin Gun Sirer and Zooko Wilcox.
|# 1||Binance||XTZ/USDT||$ 2.646995||$ 16,490,705||check|
|# 2||Binance||XTZ/BTC||$ 2.642282||$ 9,308,850||check|
|# 3||Coinbase Pro||XTZ/USD||$ 2.629000||$ 5,098,716||check|
|# 4||Kraken||XTZ/USD||$ 2.633100||$ 1,288,957||check|
|# 5||Coinbase Pro||XTZ/BTC||$ 2.641819||$ 1,146,349||check|
|# 6||Kraken||XTZ/EUR||$ 2.535154||$ 1,027,844||check|
|# 7||Bitfinex||XTZ/USD||$ 2.637200||$ 857,399||check|
|# 8||Kraken||XTZ/BTC||$ 2.642282||$ 260,408||check|
|# 9||Binance||XTZ/BUSD||$ 2.644146||$ 181,385||check|
|# 10||Binance||XTZ/BNB||$ 2.628507||$ 169,731||check|
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