Tezos

The self-amending crypto-ledger

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Overview


Symbol
TEZ

Opening date
01. Jul 2017

Closing date
14. Jul 2017

Concept

Tezos is a secure, future-proof smart contract system. Because Tezos has a built-in consensus mechanism, its protocol can evolve, and incorporate new innovations over time, without the risk of hard forks splitting the market. Tezos is its own blockchain, not a derivative of any other blockchain. We didn’t just fork Bitcoin or Ethereum and add a layer onto it. We built our own from the ground up. Their smart contract language makes it easier to apply formal verification to any smart contract running on the Tezos blockchain. This allows developers to rule out weaknesses in code before uploading that code on the blockchain. Tezos relies on a less onerous, less computationally intensive, and less power-consuming proof-of-stake consensus algorithm, where bonded stakeholders validate transactions.

Team


Members

Arthur Breitman,

Kathleen Breitman

Vincent Bernardoff

Bozman Çağdaş

Benjamin Canou

Pierre Chambart

Grégoire Henry

Fabrice Le Fessant

Guillem Rieu

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