Deep Dive Review into Tezos (November 2018) HD
Everything you need to know about the cryptocurrency Tezos (XTZ), a distributed network that can evolve by upgrading itself without a hard fork. Learn more: https://crushcrypto.com/tezos-analysis/ Website: https://tezos.com Website (Tezos Foundation): https://tezos.foundation Whitepaper: https://tezos.com/static/papers/white_paper.pdf Position paper: https://tezos.com/static/papers/position_paper.pdf Join the official Crush Crypto Telegram channel for our latest publications and updates: https://t.me/joinchat/AAAAAESrVCwzd19x1DvDOQ Download the PDF version of the presentation: https://crushcrypto.com/wp-content/uploads/2018/11/Crush-Crypto-Deep-Dive-into-Tezos.pdf Download the free ICO Guide which contains 6 simple steps for analyzing any ICOs to find the winning projects: https://crushcrypto.com/youtube/ Note: This is not a paid review. We do not offer promotional or advertising services. Our content is based on our own research, analysis and personal opinion. _ What is Tezos? Tezos is a distributed, peer-to-peer, permissionless network that seeks to improve on older blockchain protocols such as Bitcoin and Ethereum. One of its differentiating features is its on-chain governance that promises a self-amending blockchain – the protocol can evolve by upgrading its own code after coin holders have approved the changes. This avoids some of the political and technological issues that have affected other blockchains, such as the Ethereum hard fork following the DAO hack, and the hard fork drama that happened in Bitcoin and Bitcoin Cash. _ Token Economics XTZ is the native cryptocurrency for the Tezos blockchain. With Tezos, any coin holders can participate in the validation process by making a security deposit. This is a process calling “baking”. They are rewarded for contributing to the network and ensuring its security and stability and can lose their deposit if they exhibit dishonest behavior. _ Strengths - The self-amending feature of Tezos allows for any disagreement to be settled through the on-chain governance feature and this can help eliminate the hard fork drama surrounding some of the major blockchains. Also, the on-chain governance allows the network to adapt and improve over time. - Tezos Foundation has ample resources to support development of the protocol. The Foundation is among the most funded blockchain projects and has been actively providing grants to those helping to grow the ecosystem. - Baking threshold is fairly low, which makes it easy for coin holders to participate in the staking and governance process. This is good from a decentralization standpoint. For small coin holders or those who do not want to maintain a node themselves, they can delegate their stake to other bakers for a fee. - The team members, including co-founder Arthur Breitman are easily accessible on social media. This provide
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