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- RETRANSMISSION: The Crypto Company Completes Majority Acquisition of Starchive.io, Inc.Web3Wire - 2 hours agoBringing Cultural Assets to the Blockchain Era MALIBU, CA / ACCESS Newswire / October 20,…
- How to use AI Chat for Human Resources with Intelligent AutomationWeb3Wire - 2 hours agoHuman Resources (HR) is a vital function within any organization, responsible for managing key processes…
- Watch-Connection Highlights the New Age of Weddings: Personalized Details Defining Modern CeremoniesWeb3Wire - 2 hours agoImage: https://www.abnewswire.com/upload/2025/10/28a70884b9055c2ebdcdecec99380143.jpg In today’s rapidly evolving world, weddings have transformed from traditional, cookie-cutter events into…
- ReadyGOLF Empowers Women in Sports: Inclusivity Is Changing the Game on the GreenWeb3Wire - 2 hours agoImage: https://www.abnewswire.com/upload/2025/10/364d8c28e7df5bffc4198fd11e5b84c5.jpg The landscape of sports is evolving, and it’s more vibrant than ever with…
- Check Stub Maker Explores Consumer Tech 2025: Smartphone Protection Becomes the Next Big Design RaceWeb3Wire - 2 hours agoImage: https://www.abnewswire.com/upload/2025/10/bd88f1a4f293253af2f3d3695b0d1ec1.jpg As we look toward 2025, it’s clear that smartphone technology is evolving at…
- 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.