Tezos
What Is Tezos (XTZ)?
Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).
Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.
Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.
First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.
Who Are the Founders of Tezos?
Tezos was conceived by Arthur and Kathleen Breitman in a 2014 white paper under the pseudonym L.M. Goodman in a nod to Satoshi Nakamoto, referencing a journalist who had misidentified the creator of Bitcoin.
In a previous paper, the Breitmans had argued that Bitcoin's biggest shortcomings were the lack of a governance process that invited contributions from its community of users, cost and centralization issues raised by its proof-of-work system, the limited expressiveness of its programming language which didn’t allow for smart contracts, and security
Cryptocoins News / Blockchain - 1 year ago
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection, have won a legal battle against Ryder Ripps and Jeremy Cahen, the creators of the RR/BAYC NFT collection. Mandala Metaverse has chosen Polkadot to host its first major NFT dro...
by COINS NEWS - 1 year ago
The Tezos Mumbai upgrade, which was created by seven different teams spanning four countries has been activated bringing in smart rollups, 15-second block times, and the ability to reach 1 million transactions per second (TPS). submitted...
Cryptocoins News / CoinJournal - 1 year ago
Tezos price is poised between key suppport around $0.97 and major resistance at $1.28.
XTZ bulls could target $2 in April if price breaks higher, or seek support at $0.70.
The Tezos blockchain welcomed its 13th network upgrade dubbed Mumbai.
The pr...
Bitcoin News / Bitcoinist - 1 year ago
Tezos, a self-amending proof-of-stake blockchain, has activated its 13th core protocol upgrade, Mumbai, introducing Smart Rollups, a Layer-2 scaling solution, for faster transaction processing speeds.
Tezos Introduces Smart Rollups Via Mumbai
Smart R...
by COINS NEWS - 1 year ago
Hi everyone, Disclaimer, I am just an enthusiast, I am not a core dev protocol. But I do enjoy trying to understand the tech behind blockchains, which is becoming more and more complicated! I follow a lot Tezos updates, and they will be relea...
Bitcoin News / Bitcoin.com - 1 year ago
Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Te...
Cryptocoins News / The Cointelegraph β - 1 year ago
The partnership will see Google Cloud becoming a validator on the Tezos network. Googleβs cloud computing arm has added another string to its Web3 bow, with a new part...
Cryptocoins News / CoinJournal - 1 year ago
Tezos blockchain has partnered with Google to drive Web3 innovation.
In the partnership, Tezos will onboard Google Cloud as a validator.
Google also partners with Ethereum, Flow, and Solana blockchains.
The price of Tezos (XTZ) is rising following...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
The partnership will allow the Tezos Foundation to drive web3 innovation on the Tezos blockchain.Clients of Googleβs Cloud service will receive access to tools for building blockchain applications on Tezos using the firm’s scaling...
Bitcoin News / Bitcoinist - 1 year ago
Sure, Ethereum is still the NFT market share leader, but there’s an ever-present ‘multi-chain future’ discussion among the NFT space. NFT marketplace leader OpenSea has exhibited open arms to this concept, adding support for chains...
Cryptocoins News / The Cointelegraph β - 1 year ago
California DMVβs chief digital officer, Ajay Gupta, emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers....
Bitcoin News / Bitcoinist - 1 year ago
State Department of Motor Vehicles divisions aren’t exactly known for efficiency. However, a new pilot project from California’s state DMV could look to change that. The state is now kicking off a pilot program, which will operate on Tezo...
by COINS NEWS - 1 year ago
Been lurking r/cc for over a year now and noticed Tezos has little to none of the love other chain does. Here are some of the most interesting news Tezos is doing in France for the past few month : Council Elections in France with Tezos https://x...
Cryptocoins News / CoinJournal - 1 year ago
The Lima upgrade is the 12th upgrade on the Tezos protocol.
Tezos is referred to as the “self-amending blockchain” for its ability to seamlessly upgrade using its on-chain governance.
Lima upgrade reduces the risk of bugs in smart contra...
by COINS NEWS - 1 year ago
In just a few hours, the Tezos blockchain will complete its fourth 2022 protocol upgrade, the twelfth in total. This upgrade, called Lima, brings several quality of life improvements as well as deeper changes, in the continuity of the previous upgrad...