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A decentralized, open-source, upgradable, proof-of-stake blockchain that governs itself and facilitates formal verification to mathematically prove correctness of code, boost security, and allow institutional-grade smart contracts.
Time for a thread
Time for a thread
@Tezos, an open-source platform for assets & applications backed by a global community of validators, researchers, & builders—addressing key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, & open participation. http://tezos.com
#Tezos allows secure, institutional-grade smart contracts by providing the safety and code correctness required for high-value use cases and facilitates formal verification that’s commonly used in mission-critical environments like aerospace, nuclear, and semiconductor industries
Upgradable to the state of the art, Tezos' modular architecture and formal upgrade mechanism allow the network to propose and adopt new technological innovations smoothly as they emerge without sacrificing community consensus.
#Tezos has already upgraded four times, with the 5th upgrade currently going through the on-chain voting/testing process. The 5th upgrade (Edo) enables privacy-preserving smart contracts using Sapling to implement shielded transactions. http://www.tezosagora.org/period/39
Open participation and incentive alignment. In #Tezos, all stakeholders may participate in network upgrades by evaluating, proposing, or approving amendments.
The @TezosFoundation is a Swiss foundation, supervised by the Swiss Federal Foundation Supervisory Authority. Their purpose is the promotion of the Tezos protocol through grants and other capital deployment vehicles. http://tezos.foundation
Based on current market prices, the Tezos Foundation has assets valued near $1B to fund further development of the protocol. The foundation also releases bi-annual updates and is regularly audited by PwC, one of the “Big Four” auditors. http://tezos.foundation/reports
Some notable projects:
Société Générale-Forge @SocieteGenerale selected #Tezos for its Central Bank Digital Currency ( #CBDC) experiments with Banque de France, the central bank of France. http://tezos.foundation/cbdc-nomadic-labs-hadrien-zerah
Société Générale-Forge @SocieteGenerale selected #Tezos for its Central Bank Digital Currency ( #CBDC) experiments with Banque de France, the central bank of France. http://tezos.foundation/cbdc-nomadic-labs-hadrien-zerah
Autonomous vehicle communication use case on #Tezos by companies like BMW, Daimler, Audi, and Porsche http://tezos.foundation/envited-ecosystem-carlo-van-driesten
Numerous other projects launching on #Tezos including billions of dollars of real estate STOs and decentralized finance #DeFi http://tezosprojects.com
Accererating delevoper growth and smart contract deployment http://better-call.dev/stats/delphinet/general
Corporate bakers emerging like @Sword_Group and #Exaion, a subsidiary of
@EDFofficiel http://medium.com/tezoscommons/a-closer-look-into-corporate-baking-on-tezos-f137cc593659
@EDFofficiel http://medium.com/tezoscommons/a-closer-look-into-corporate-baking-on-tezos-f137cc593659
Notable investors like @TimDraper, @DraperGorenHolm, @tyler and @cameron Winklevoss, and @polychainlabs
Teams including @abesutherland and POSA ( @alliance_pos) working with U.S. regulators on the tax treatment of staking rewards http://stakingtax.com
Since the 4th Tezos upgrade (Delphi) you can now send thousands of transactions on #Tezos for the same price as 1 transaction on #Ethereum.
Public Chains for DeFi Development: Tezos vs. Ethereum
Public Chains for DeFi Development: Tezos vs. Ethereum
