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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Tezos by Jesmin Akter

Revainrating 4 out of 5

Tezos is doing well in comparison to its competitors.

Tezos is like Ethereum, enables for the construction of smart contracts and decentralized applications. Unlike Ethereum, which is written in the Solidity programming language. This project raised more than $200 million through an initial coin offering. Despite several legal issues, the project has progressed since then. It should be emphasized that the tokens will be distributed in roughly a year, which is an eternity in the world of cryptocurrencies.

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The initiative is being spearheaded by the Tezos Foundation. It is the first to have been audited by one of the world's four biggest audit companies. Tezos uses PoS consensus to operate its blockchain.

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However, the latter has been somewhat changed and is now known as DPoS, which stands for Delegated PoS. If the community decides, this consensus might alter during the project's growth. Coding with OCaml ensures performance similar to C ++ as well as efficiency. Furthermore, the protocol is linked to a piece of software known as Coq, which enables for proof-verification.

Pros
  • In choices about the future development of the crypt asset, significant holders have more weight.
  • The requirement to use evidence.
  • High processing efficiency of code.
Cons
  • Limitations in getting team member's details.

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