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Tezos (XTZ)
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Project Description

The contribution period starts on Saturday, July 1, 2017 at 6 am UTC and will last for 2000 bitcoin blocks, which should correspond approximately to 14 days. The minimum contribution is 0.1 BTC amounts smaller than this are considered donations.Bonus Schedule - Blocks 0 to 399 : 20%Blocks 400 to 799 : 15%Blocks 800 to 1199 : 10%Blocks 1200 to 1599 : 5%Blocks 1599 to 1999 : 0%;Contribution terms

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
XTZ Latest Updates
July 30, 2018

Liquid Proof-of-Stake

tl;dr: Tezos allows token holders to transfer (“delegate”) validation rights to other token holders without transferring ownership. This has led many observers to confuse Tezos’ consensus mechanism with the delegated proof-of-stake (“dPOS”) model specific to EOS or Lisk. In dPOS,...

From: Jacob Arluck

June 05, 2018

The Forgotten Contracts

“Smart contracts aren’t legal contracts,” they say.They’re right. But that’s missing the point.A 14th century fresco by Ambrogio Lorenzetti, entitled “Effects of Good Government on the City Life”Smart contracts were never intended to be legal contracts. Nick Szabo wanted to...

From: Kate Sills

June 01, 2018

Blockchains are not startups

On Blockchain Governance, Part 1tl;dr: Much of the current thinking about blockchain governance misapplies the paradigms of Web 2.0 to decentralized networks. Some allegedly decentralized governance processes (e.g. forking) actually re-introduce subtle forms of centralization (e.g. VC-backed...

From: Jacob Arluck

May 25, 2018

It’s a baker’s life for me

being a Tezos validatorWhat is baking?Bitcoin has mining, Tezos has baking. In Bitcoin, miners compete to publish blocks containing a proof-of-work stamp by repeatedly hashing block headers. In Tezos, block creation is done by bakers. Rather than deriving the right to create a block by finding...

From: ArthurB

December 29, 2017

Delegation upon launch

Tezos is a proof-of-stake blockchain with a delegation mechanism. How delegation is handled at the launch of the network could have enduring consequences for the network.In Tezos’ proof-of-stake mechanism, the keys granting the right to sign blocks (“bake”) are different from the keys...

From: ArthurB

May 19, 2017

A quick tour of the Tezos code base, and the state of its development

The Manhattan bridge under construction.IntroductionThis post is an attempt to give a tour of the Tezos code base and its state of development. All of the functionality described in the whitepaper has been implemented to this date, except for gas metering. Most of the remaining work consists in...

From: ArthurB

May 15, 2017

“There is no need for hard forks”

But there will be hard-forks nonethelessOne of the most salient aspects of the Tezos ledger is its ability to self-govern by accepting and deploying protocol upgrades, on chain, without hard-forking. Participants in a blockchain protocol typically follow a fixed set of rules. A hard-fork is a...

From: ArthurB

March 22, 2017

diff 2014/tezos 2017/tezos

tl;dr:We made a some tweaks to the three year old white paper.Scroll to the bottom of this post for a listThe Tezos position paper and white paper were released in August and September of 2014 and the project has been under active development ever since. They remain, to this day, the best...

From: ArthurB

March 21, 2017

Tezos: Philosophy and Values

This is meant to be a concise guide to the principles and values we hope to see embodied by the Tezos network. A longer, more detailed version of this list will be released later on this spring.https://medium.com/media/ee2fed2c96531f753b49b010fba88153/hrefIntroductionTezos is a security-minded,...

From: ArthurB

February 17, 2017

Polychain hedge fund embraces Tezos

We are proud to announce that Polychain Capital has added Tezos to its hedge fund by preordering Tezos tokens. We are among the first blockchain platforms to be backed by the fund.Polychain was started by Olaf Carlson-Wee, formerly the first employee of the popular bitcoin startup Coinbase. The...

From: ArthurB

February 13, 2017

Hard-Fork Politics, part 1

Like an idol with feet of clay, the oft-touted mathematical immutability of blockchains stands on a weak foundation so long as hard forks remain a possibility. Indeed, the rules of these protocols only bind those who choose to follow them.This simple observation is what inspired the development...

From: ArthurB

August 28, 2016

Why governance matters

— Arthur BreitmanOver the last three years, the appeal and utility of cryptographic ledgers has transcended political and commercial lines. Today, we find people from all over the world flocking to Bitcoin, Ethereum, and other leading ledgers to store value, transact, and speculate....

From: Tezos

August 17, 2015

Making sense of colored coins

It’s impossible to walk around the distributed ledger landscape without encountering the idea of so-called “colored coins”. The purpose of this post is to clarify their nature, the motivation behind their invention, some of the issues associated with them, and the circumstances under which...

From: ArthurB

August 10, 2015

A functional nomenclature of cryptographic ledgers

In the interest of bringing some much-needed sanity to the discussion surrounding “blockchain technology” I have attempted to establish a functional nomenclature of cryptographic ledgers.Why a nomenclature? because a lax usage of many terms, combined with an insatiable appetite for...

From: ArthurB

August 02, 2015

What do blockchains accomplish?

In the wake of Bitcoin’s success, many have predicted that a part of its underlying technology, the blockchain, could power many other types of applications.Blockchain technology may indeed pioneer many innovative applications. However, to harness its benefits, one must understand the...

From: ArthurB