Tezos News

Tezos is a blockchain-based smart contract platform for powering decentralized applications, or DApps, competing with similar platforms such as Ethereum, EOS and Cardano, among others. 

Originally proposed by Arthur Breitman (under the pseudonym “L.M. Goodman”) in a white paper published in August 2014, Tezos was conceived as a “self-amending” blockchain platform built on an on-chain governance system that would allow holders of its protocol token, XTZ, to more easily vote and implement changes to the software without hard forks. This is in contrast to the cumbersome, off-chain governance processes for popular public blockchains like Bitcoin and Ethereum. 

The core development was spearheaded by Breitman and his wife, Kathleen Breitman, through the company Dynamic Ledger Solutions. In summer 2017, Tezos raised funds in one of the most high-profile initial coin offerings to the total of around $232 million (at the time) in Bitcoin (BTC) and Ether (ETH). The project was soon embroiled in legal battles between the Breitmans and the appointed head of the Tezos Foundation, Johann Gevers, which delayed the release of XTZ tokens to investors and the launch of the network. 

The mainnet launched in September 2018, with XTZ holders able to stake (or “bake”) their tokens to participate in the Tezos proof-of-stake consensus process or participate in Tezos governance either directly or through delegation of voting power. 

Six law firms are fighting over how to distribute $8.3M in attorney’s fees from the Tezos’ $25M class action settlement.
Legal firms sling mud in $8.3M Tezos settlement fees battle
Samuel Haig
"The vote will be 100% secure," said Avosvotes CEO Florian Ribière.
French municipality accepting blockchain voting for road project
Turner Wright
Hint: It's not a blockchain company.
Cardano's real competition is not who you'd expect, says new Cardano Foundation CEO
Michael Kapilkov
Price Analysis
The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days.
Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ
Rakesh Upadhyay
Global developers can now start building projects on top of Tezos through China’s BSN.
China’s BSN International integrates support for Tezos network
Helen Partz
Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC.
Bitcoin bull Tim Draper reveals the secrets of his altcoin portfolio
Joshua Mapperson
Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020?
Challenging Ethereum 2.0? Competing blockchains are seizing the moment
Nikolai Kuznetsov
After three long years, the class-action lawsuit alleging that Tezos violated securities laws through its 2017 ICO has concluded.
Class action lawsuit targeting Tezos ends in $25M settlement after 3 years
Samuel Haig

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