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The key difference between Tezos and other projects like Ethereum or EOS, is that Tezos wants to drive innovation and prevent the split of its blockchain by implementing clever community-led governance mechanisms. This means that decentralised consensus - e.g. to agree on which features should be incorporated in the blockchain - is not completed by a management or development team. Instead, every stakeholder who owns XTZ is able to approve or disapprove amendments to its own protocol. To earn block rewards and be able to vote, stakeholders may choose to delegate their XTZ. Tezos calls this approach “Liquid Proof-of-Stake”, combining the concepts of liquid democracy with a Proof-of-Stake consensus mechanism.
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Raised around 230 million US dollars during an initial coin offering (ICO) in July 2017
The Tezos Mainnet was launched on September 17th, 2018
Stakeholders govern the Tezos protocol
Incentivises user participation in the core development process
Easy and convenient trading platform for new and experienced users
Secure, safe and free wallet service included
Fast and reliable, available 24 hours a day, 7 days a week
Over 50 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including euro, Swiss franc, British pound, US dollar and Turkish lira