EN
Crypto
Tezos
XTZ
Tezos
1.0172
-0.16%
≈1.0173
Circ/Total Supply
1002803989/1023334086
98%
Volume/24h%
239760850.975428
-0.16%
#72
24h Turnover
23.51%
Tezos is a self-healing blockchain that can upgrade itself over time. Stakeholders may vote on amendments to the agreement, not limited to any element of consensus on the proposal. Like Ethereum, Tezos supports smart contracts and provides a platform for others to build decentralized applications (Dapps) on top of them.
Tezos is a blockchain network with Turing-complete smart contracts. The main network was officially launched in September 2018. As early as 2014, Tezos has noticed the governance defects of blockchain network and proposed the solution of on-chain autonomy at the earliest.
Tezos protocol has been carefully designed to make parameter correction and protocol iteration more convenient. With on-chain autonomous systems, token holders can decide the upgrade path and priority of the system, which will help resolve disputes and avoid hard forks. In addition, Tezos uses the unique LPOS mechanism, which has more than 470 verifiers from around the world to protect the network, coupled with the formal verification design at the code level, to ensure the maximum security of the entire network.
Tezos is much like Ethereum in that it is a platform for creating smart contracts and Dapps without censorship. It uses POS consensus, which means it doesn't involve mining mechanisms similar to bitcoin, which is good for the environment. It also has a governance model to ensure that token holders have a say in determining the future direction of Tezos.
In May 2021
The maximum operation size was increased tenfold, doubling the maximum size of smart contracts. Further optimized gas marking gas smart speed increased by 10 times. The depth-first execution order is adopted to realize more intuitive development of intelligent thinking. A test chain not used in the protocol, thus making the modification process more professional.
In February 2021
Sap and BLS12-3811 were added to enable privacy-protecting smart contracts and local permissions. Update the process by reducing the cycle length to five cycles and adding a fifth cycle.
In September 2020
Reduced storage costs by a factor of four to show the interpretation of each layer.
In March 2020
Increase each time and each time limit; Improved accuracy and flexibility of formulas used to calculate operational and endorsement rewards.
In October 2019
More specific versions of blockchain smart algorithms (Emmy+) were introduced; Simplifies smart contract development; Delegate process.
In May 2019
Increased the gas limit per section, reducing the roll size from 10000 ꜩ to 8000 ꜩ.
September 17, 2018
Tezos main network started.
June 30, 2018
The Betanet initial block starts and becomes the seed of the network.
In February 2018
Johann Gevers resigned from the foundation.
In October 2017
Breitmans wrote to two other members of the Swiss foundation who control Tezo's money and demanded the ouster of Johann Gevers, the foundation's chairman.
In July 2017
Tezos raised more than 65,000 bitcoins and 360,000 Ether coins (worth about $232 million) during its "Cherish" run. The Tezos Foundation was founded.
In February 2017
Public Alphanet was started.
In September 2016
The source code for Tezos is posted on GitHub.
In August 2015
Arthur and Kathleen Breitman co-founded Dynamic Ledger Solutions, Inc. This is the US-BASED company responsible for developing the Tezos blockchain.
In September 2014
Tezos White paper released.
In August 2014
Tezos position paper released.
