The stablecoin ‘Lugh’ will have the ticker symbol $EURL and it will be the first French stablecoin backed by the Euro.
Browsing: Tezos Blockchain
Tezos Blockchain News
Tezos is a blockchain platform that was launched in 2018 and has quickly gained popularity in the blockchain and cryptocurrency space due to its unique approach to governance and consensus algorithm.
Unlike many other blockchain platforms, Tezos employs a self-amending governance mechanism that allows stakeholders to propose and vote on changes to the protocol without the need for a hard fork. This means that the protocol can evolve over time without risking a split in the community, making it a more flexible and adaptable platform.
Tezos also uses a proof-of-stake consensus algorithm, which is more energy-efficient than the proof-of-work algorithm used by Bitcoin and many other cryptocurrencies. This means that users can participate in securing the network and validating transactions by holding Tezos tokens (XTZ) in their wallets and staking them.
One of the key features of Tezos is its support for multiple programming languages for smart contract development. This allows developers to choose the language they are most comfortable with and develop smart contracts that can be executed on the Tezos blockchain.
Another important aspect of Tezos is its focus on formal verification, a mathematical process used to ensure the correctness of code running on the blockchain. This enhances the security and reliability of the platform, making it more suitable for use cases that require high levels of trust and security.
Tezos has already seen a number of exciting projects built on its platform, ranging from decentralized finance (DeFi) applications to non-fungible tokens (NFTs) and digital identity solutions. With its focus on governance, energy efficiency, and security, Tezos is well-positioned to become a major player in the blockchain and cryptocurrency space in the coming years.
Stay tuned to AlexaBlockchain for the latest news and updates on Tezos blockchain!
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The City of Reno is developing its own DAO (Decentralized Autonomous Organization) – ‘Reno DAO’ – and a token – ‘Reno Coin’ – on top of the Tezos blockchain network.
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United Kingdom, Feb 19, 2021 /AlexaBlockchain/ – Antislavery NGO Mekong Club joined forces with Diginex, a blockchain solutions company, to develop a blockchain-enabled tool eMin to help eradicate modern slavery…
BRD’s 7 million users can stake tez (XTZ), the native currency of the Tezos blockchain, earning staking rewards while securing cryptocurrencies in their BRD wallets
United States, Feb 13, 2021 /AlexaBlockchain/ – Tezos price has hit a fresh record high and reached $5.38. The price of Tezos hit an all-time high of $5.38 on Friday,…
REI Capital Growth (REICG) plans to launch a $100 million security token offering (STO) on the Tezos blockchain in April. REI Capital Growth & Tezos REICG…
Tezos has seen large growth in developer metrics according to independent reports and other git repository analysis.