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Date | Open | Close | High | Low | Volume |
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- UPCX Signs MOU with Paycle and NTT Digital to Advance Next-Generation Decentralized Payment SystemWeb3Wire - 1 hour agoUPCX proudly announces the signing of a Memorandum of Understanding (MOU) with Paycle Inc. (“Paycle”)…
- Hokkaidu Inu $HOKK – Announces Historic Revival: Legendary Meme Coin Targets $800M Market Cap ComebackWeb3Wire - 1 hour agoHokkaidu Inu ($HOKK), one of the most iconic meme coins from the 2021 bull run,…
- Arrive AI Embraces Cryptocurrency for EverythingWeb3Wire - 1 hour agoCEO Dan O’Toole wants to pay and get paid in Bitcoin INDIANAPOLIS, INDIANA / ACCESS…
- Fiber Optic Components Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast to 2031Web3Wire - 1 hour agoFiber Optic Components Market The Fiber Optic Components market is experiencing steady growth, driven by…
- Why Video Games Remain a Key Entertainment Medium Across Global Markets Despite Growing AlternativesWeb3Wire - 1 hour agoThe Global Video Game Market continues to expand steadily, supported by its broad appeal, ongoing…
- Covo Finance: Revolutionary Crypto Leverage Trading PlatformBlock3Wire - 2 years agoCovo Finance is a decentralized exchange and liquidity pool revolutionizing the world of crypto leverage…
- WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital AgeBlock3Wire - 2 years agoWorldStrides, the global leader in educational travel and experiential learning announced today its partnership with…
- Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining FacilityBlock3Wire - 2 years agoCathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that…
- Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency UsersBlock3Wire - 2 years agoBanxa, the world’s first listed cryptocurrency payment gateway provider, today announced its integration with Metis,…
- Dexalot Launches First Hybrid DeFi Subnet on AvalancheBlock3Wire - 2 years agoDecentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in…
- Thumbtack Honored as a 2023 Transform Awards WinnerMeta3Wire - 2 years agoThumbtack was recognized as a 2023 Transform Awards winner for the Space Pioneer: Workspace Design…
- Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3DMeta3Wire - 2 years agoAccenture (NYSE: ACN) has made a strategic investment through Accenture Ventures in Looking Glass Factory,…
- MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface UpgradesMeta3Wire - 2 years agoMetatron (OTC: MRNJ), developer of Metatron AI.com an artificial intelligence (AI) content platform, is thrilled to…
- Purely.website – Disruptive new platform combats rising web hosting costsMeta3Wire - 2 years agoPipe Ten Hosting Ltd are proud to announce the launch of their new low cost…
- WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the MetaverseMeta3Wire - 2 years agoPioneering Korean blockchain gaming giant WEMADE today announced a strategic alliance by signing an MOU…
What is Tezos?
Tezos is a self-amending decentralized blockchain platform that enables the formalization of smart contracts. By facilitating the formal verification of smart contracts it helps avoiding buggy code. Other than that, it is similar to the Ethereum blockchain, allowing creation and formalization of smart contracts. The platform creates governance rules that stakeholders within the network must abide with when verifying transactions. he key features of this platform is on-chain governance and self-amendment.
Tezos' network follows a different protocol method from the conventional blockchain. It is using a generic network shell focused on a modular strategy. The project is written in the OCaml programming language.
In terms of validating and signing of blocks, Tezos has adapted a delegated proof-of-stake consensus algorithm. In this staking method, stakeholders, known as bakers participate in Tezos' baking process. The backers are required to deposit some tokens and then get rewarded for signing blocks or punished for errant behavior. Punishment includes losing one's deposits
Tezos hopes to better its predecessors by giving stakeholders full control of the network hence enhancing decentralization. The network is the brain child of Arthur Breitman, a French mathematician and scientist and his wife Kathleen Breitman, who has a background in the financial sector.