Michelson
0000173
00054
Tezos is an open-source blockchain platform designed to evolve and adapt over time. It addresses key barriers facing blockchain adoption for assets and applications and is backed by a global community of validators, researchers, and builders.
- Overview
- Governance
- Energy Efficiency
- Smart Contracts
- Upgradability
- Community
- Smart Contract Language Repository
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Overview
Tezos is a decentralized network that allows users to directly interface with each other, exchanging value and interacting with various applications without the need for intermediaries. It is designed to provide the safety and code correctness required for assets and other high-value use cases at both the protocol and application layers. This is achieved by leveraging languages OCaml and Michelson, which facilitate formal verification, a practice commonly used in mission-critical industries.
Governance
The Tezos platform was built with mechanisms to ensure active community governance and participation. Users can actively participate by evaluating, proposing, or approving amendments to Tezos. This empowers the type of collaborative innovation that keeps Tezos on the bleeding edge of technology.
Energy Efficiency
Unlike Proof-of-Work blockchains like Bitcoin or Ethereum, Tezos’ Proof-of-Stake requires significantly less energy and cost to operate, making it an ideal alternative platform for building blockchain applications that are eco-friendly.
Smart Contracts
Tezos is one of the leading smart contracts Proof of Stake blockchains. Tezos smart contracts can use formal verification, allowing them to be mathematically verified, reliable, and secure.
Upgradability
Tezos is built to adjust, adapt, and add features and functionality through its proven on-chain upgrade mechanism. Its modular architecture and formal upgrade mechanism minimizes disruptions while offering regular upgradability and enhanced functionality over time.
Community
Tezos is the product of many organizations across the globe working together on an open-source project. There are numerous job postings across the Tezos ecosystem, and resumes are shared with a number of organizations in the Tezos ecosystem.
