What is Tezos?
Tezos is a project that mainly offers a solution for developing secure smart contracts in order to create bug-proof decentralised applications. The Tezos blockchain has several properties that set it apart: it is based on a particular form of Proof-of-Stake and allows for the creation of native tokens of various types. In addition, it has been developed in a modular fashion, which allows it to be upgraded without the need for hard forks.
Why buy Tezos?
The native XTZ coin is the key to participating in the governance and operation of the blockchain. The coin is also interesting because it supports staking, the generation of periodic rewards in exchange for freezing any amount of coins. Tezos is also addressing the scalability and power requirements of companies and industries looking to implement smart contracts in their production systems.
How was it created?
Tezos was conceived by Arthur and Kathleen Breitman. He is a computer engineer who also worked for Goldman Sachs and Morgan Stanley. In 2017 Tezos was met with great success among investors, however its official release was delayed. Even so, the blockchain managed to get through the hard times all the crypto market suffered in 2018, also owing to its modular code.
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