Tezos Tezos

Tezos

Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts
Risk: High
past
ICO
Jul 1, 2017 — Jul 14, 2017
Raised 232 000 000 USD
Goal 1 666 667 BTC
Cap 1 666 667 BTC
Prices
  • From Jul 1, 2017 Till Jul 14, 2017 —
    1500 XTZ 1XTZ = $2.47842
    =
    1 BTC 1BTC = $8618.6517435722

About Tezos

While all blockchains offer financial incentives for maintaining consensus on their ledgers, no blockchain has a robust on-chain mechanism that seamlessly amends the rules governing its protocol and rewards protocol development. As a result, first-generation blockchains empower de facto, centralized core development teams or miners to formulate design choices.

Tezos takes a fundamentally different approach by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.

Tezos instantiates new technical innovations but also enforces types of constitutionalism through the use of formal proofs to mathematically verify that key properties are upheld over time. By allowing stakeholders to coordinate on-chain, the network also allows for the creation of bounties to implement specific features or discover bugs. Collectively, the network maintains the decentralized aspect of blockchains while introducing a mechanism to enable collective decision making. Tezos tokens not only power smart contracts in the network, but also allow votes on protocol amendments. The initial Tezos rollout is simple by design, but its self-amending nature means that the rules governing the network can be improved over time.

Features


- A formal verification to any smart contract running on the Tezos blockchain by mathematically proving the correctness of the code
governing transactions
- Michelson, its own smart contract language with correctness and formal verification in mind
- Strong development team
- Three years of development

Technical Info

Technical details: 
Has its own blockchain, not a derivative of any other blockchain. Relies on a less onerous, less computationally intensive, and less power-consuming proof-of-stake consensus algorithm. Implemented in OCaml, a functional programming language.
The source code: 
The code is partially available on Github
Proof of developer: 
Public team

Roadmap

  • 2013-12-18

  • Gordon Mohr suggests NomicCoin on Twitter
  • 2013-12-19

  • Gordon Mohr suggests NomicCoin on Twitter
  • 2014-01-27

  • Independent formulation of this idea by L.M. Goodman
  • Read More
  • 2014-01-28

  • Independent formulation of this idea by L.M. Goodman
  • 2014-03-13

  • Tezos development begins self-funded
  • 2014-03-14

  • Tezos development begins self-funded
  • 2014-08-08

  • Tezos Position Paper is released
  • 2014-08-09

  • Tezos Position Paper is released
  • 2014-09-17

  • Tezos White Paper is released
  • 2014-09-18

  • Tezos White Paper is released
  • 2015-01-25

  • Zooko becomes an advisor to Tezos
  • 2015-01-26

  • Zooko becomes an advisor to Tezos
  • 2015-08-12

  • Bitcoin XT proposed, the “block-size debate” begins putting governance on the front stage
  • 2015-08-13

  • Bitcoin XT proposed, the “block-size debate” begins putting governance on the front stage
  • 2016-06-07

  • The DAO is hacked, a hard-fork of Ethereum is soon decided by the Ethereum Foundation
  • 2016-06-08

  • The DAO is hacked, a hard-fork of Ethereum is soon decided by the Ethereum Foundation
  • 2016-06-19

  • The pre-fork Ethereum chain becomes Ethereum Classic and splits the network
  • 2016-06-20

  • The pre-fork Ethereum chain becomes Ethereum Classic and splits the network
  • 2016-06-06

  • Andrew Miller joins as an advisor
  • 2016-06-07

  • Andrew Miller joins as an advisor
  • 2016-09-11

  • Arthur Breitman presents Tezos as StrangeLoop
  • 2016-09-12

  • Arthur Breitman presents Tezos as StrangeLoop
  • 2016-09-18

  • Polychain Capital and several individuals back Tezos to help scale up development
  • 2016-09-19

  • Polychain Capital and several individuals back Tezos to help scale up development
  • 2017-05-07

  • Tezos Foundation launches in Switzerland
  • 2017-05-08

  • Tezos Foundation launches in Switzerland
  • 2017-08-15

  • Tezos network launches
  • 2017-08-16

  • Tezos network launches

Activity

Posts:
28
VERY LOW
Followers:
1 048
LOW
Likes:
864
LOW
Rating:
4.60
VERY HIGH
Reviews:
10
LOW
Followers:
37 869
VERY HIGH
Tweets:
575
VERY HIGH
Alexa
Rank:
113 852
HIGH
Delta:
24 984
Year commits:
829
Watchers:
224
Stars:
1 084
Forks:
157
Open issues:
32

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Arthur Breitman
unverified
Pierre Chambart
unverified
Grégoire Henry
unverified
Guillem Rieu
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Andrew Miller
Advisor
unverified

3.32

risky+
5.0 6
ICO Profile Vision Activity Potential Product Team

icorating
-
icobazaar 3.5
icobench 2.8

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 BTC 0 BTC ICO: 1 Jul 2017 14 Jul 2017

Please read the disclaimer and risk warning. Show disclaimer and risk warning.