Tezos
Name
Tezos
Summary
Tezos is an open-source proof-of-stake (PoS) blockchain network that uses smart contracts to provide peer-to-peer (P2P) transactions using its native XTZ coinage (also known as a Tezzie).
It was founded by Arthur Breitman under the pen name L. M. Goodman in 2014
It is secured by Liquid Proof of stake.
Rating
Symbol
XTZ
Overview
Tezos is a blockchain network that is similar to Ethereum in that it is based on smart contracts. However, there is a significant difference: Tezos seeks to provide more advanced infrastructure, which means it may evolve and improve over time without the risk of a hard fork. Since their inception, both Bitcoin and Ethereum have suffered from this problem. People who own XTZ can vote on protocol changes proposed by Tezos developers.
This open-source platform claims to be "safe, upgradable, and built to last," and claims to provide smart contract language that delivers the accuracy needed for high-value use cases. Tezos claims that its approach makes it futureproof and that it will "stay state-of-the-art far into the future," implying that it can adapt to changes in blockchain technology.
Historical Price Movement (in INR)
Technology
To distinguish Tezos' approach from Delegated Proof of Stake (DPoS) chains like EOS or NEO, the phrase Liquid Proof of Stake was coined. LPoS assigns the chance of block production based on the proportion of stake owned by each validator; and there is no limit on the number of bakers in the system, unlike DPoS blockchains, which split block production rights evenly among a set of active block producers.
Use of Native tokens in the ecosystem:
Tezos' native utility token and cryptocurrency is the XTZ Token. It can be used as a medium of trade or for on-chain governance activities on the network.
Investors
80%
Tezos Foundation and Dynamic Ledger Solutions
20%
Volume (8th May 2022)
$155,215,358
Total Supply
915420331
Circulating supply
893,828,352.84 XTZ
Crowd Sales
-
Funding
10/07/2018: Venture Round- NA
1/12/2015: Non Equity Assistance- $1K
Country
Switzerland
Name of Organization
Tezos Foundation
Year Incorporated
2017
Registered Address
Dammstrasse 16 in 6300 Zug, Switzerland
Dispute Resolution and Governing Law
Switzerland
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Arthur Brietman | Founder and CTO | New York University: Masters in Mathematics | 10+ Yrs |
| Kathleen Brietman | Co-Founder and CEO | Cornell University:BA | 12 Yrs |
Whitepaper 
