XTZ - Tezos

use proof-of-stake mechanism, run Tezos software by computers to run nodes to secure the network, validate transactions to earn XTZ token as incentives
stake 8,000 XTZ to run a node (be a baker) or delegate XTZ to baker to participate in governance voting
stakers can vote for proposals of code changes
- Proposal - baker to submit proposal
- Exploration Vote - a super-majority 80%+ of votes in favour to the proposal
- Testing - move the changes to 48-hour fork chain to test & verify
- Promotion Vote - bakers' final votes to reach a super-majority to confirm implementation

The Peer-peer layer
- peer layer monitors & scores peers, places the misbehaving peers on the greylist
- Tezos platform regularly exchanges known good peers achieve the best connectivity
- peer-peer layer ensures that all the communication between the nodes is authentic and encrypted for safety, security, and reliability
The Context Database
- stores the state of the ledger
- uses hash tree form explains the state of the ledger, so it eases the straightforward verification for clients
Network Shell
- is responsible for interpreting transactions & administrative operations, takes over the blocks sent by the peers & validates it against the current protocol
- support Self-Amendment by choosing proposal from bakers based on voting, then upgrade itself without having to fork the original network to create a new blockchain

Partnered with Manchester United as the official blockchain to launch digital collectibles, holding the NFT as a proof of community to access exclusive private channel, airdrops & physical assets
objkt.com as the largest Digital Art & Collectible marketplace on Tezos, putting art first and having objkt.one to on board 1/1 artworks from artists worldwide
Nefta, Block Born join force to on board blockchain gaming development from the Tezos Foundation, gif.games, Balthazar DAO, Bloometa, and Interpop
Ubisoft delivered its Ghost Recon Breakpoint NFTs on Tezos
Shopify's TheTaco app integates Tezos to make Tezos NFTs more accessible by the public
GAP launches its interactive digital collectible to give virtual fashion experience to users
McLaren racing digital Collectibles collection campaign to enjoy exclusive virtual meeting with McLaren's CEO

Last updated 2 years ago

use proof-of-stake mechanism, run Tezos software by computers to run nodes to secure the network, validate transactions to earn XTZ token as incentives
stake 8,000 XTZ to run a node (be a baker) or delegate XTZ to baker to participate in governance voting
stakers can vote for proposals of code changes
- Proposal - baker to submit proposal
- Exploration Vote - a super-majority 80%+ of votes in favour to the proposal
- Testing - move the changes to 48-hour fork chain to test & verify
- Promotion Vote - bakers' final votes to reach a super-majority to confirm implementation

The Peer-peer layer
- peer layer monitors & scores peers, places the misbehaving peers on the greylist
- Tezos platform regularly exchanges known good peers achieve the best connectivity
- peer-peer layer ensures that all the communication between the nodes is authentic and encrypted for safety, security, and reliability
The Context Database
- stores the state of the ledger
- uses hash tree form explains the state of the ledger, so it eases the straightforward verification for clients
Network Shell
- is responsible for interpreting transactions & administrative operations, takes over the blocks sent by the peers & validates it against the current protocol
- support Self-Amendment by choosing proposal from bakers based on voting, then upgrade itself without having to fork the original network to create a new blockchain

Partnered with Manchester United as the official blockchain to launch digital collectibles, holding the NFT as a proof of community to access exclusive private channel, airdrops & physical assets
objkt.com as the largest Digital Art & Collectible marketplace on Tezos, putting art first and having objkt.one to on board 1/1 artworks from artists worldwide
Nefta, Block Born join force to on board blockchain gaming development from the Tezos Foundation, gif.games, Balthazar DAO, Bloometa, and Interpop
Ubisoft delivered its Ghost Recon Breakpoint NFTs on Tezos
Shopify's TheTaco app integates Tezos to make Tezos NFTs more accessible by the public
GAP launches its interactive digital collectible to give virtual fashion experience to users
McLaren racing digital Collectibles collection campaign to enjoy exclusive virtual meeting with McLaren's CEO

Last updated 2 years ago