Tag: Tezos

Tezos is a blockchain project that aims to establish a decentralized governance platform with an underlying cryptocurrency token.

The Tezos project is a generic decentralized ledger and automated self-modifying crypto ledger. The project started in 2014 by Arthur and Kathleen Breitman.

Tezos serves as a platform for smart contracts, like Ethereum, but also pays all of its stakeholders (tezzies) to build more on the network through a delegated proof-of-stake consensus protocol.

Tezos is a platform that can directly review blockchain transactions and take actions, including the power to implement any type of protocols, implementing new protocols, currencies (including XTZ currency), and affiliations (such as foundations). It is executed under the concept of the smart contract structure.

Tezos is the first platform with a decentralized foundation that is based on the consensus of votes. The underlying idea behind this is that markets must own their own destinies. Tezos has its own protocol and a Tezbox wallet, which adds the necessary capacity to carry out operations with a wallet, both physically and online (basic guide).

Tezos is a blockchain platform designed to facilitate formal verification, helping to secure smart contracts and increase the accuracy of transaction validation. It is also a decentralized and self-modifying encryption ledger. It facilitates formal verification, a technique that mathematically demonstrates the accuracy of the code that governs transactions and increases the security of the most sensitive or financially weighted smart contracts.