@stefsull 1/12 Ok, here we go.
On-chain governance. Anyone can propose an improvement, apply for funding and insert the finalized proposal on-chain, after which nodes (bakers) can vote on-chain for/against implementation in a set timeframe.
On-chain governance. Anyone can propose an improvement, apply for funding and insert the finalized proposal on-chain, after which nodes (bakers) can vote on-chain for/against implementation in a set timeframe.
@stefsull 2/12 This makes decision-making swift. People delegating XTZ to bakers can influence voting, adding to decentralization of XTZ development. This type of government makes XTZ evolve more swift and smoothly to future demands. Slow evolution is a big threat to decentralized projects
@stefsull 3/12 Staking economics and incentive to run nodes. LPoS is unique and not to be confused with DPoS. In LPoS delegating doesn’t mean your coins are “stuck”, you can spend them whenever you want. This is very convenient for exchanges to offer delegating service to their clients.
@stefsull 4/12 Ever wondered why XTZ is the only product so far that is offered as an ETP with staking rewards on a stock exchange? (Swiss SIX stock exchange) publish0x.com/publish0x-post…
@stefsull 5/12 For staking (Baking) you only need modest comp power. Low threshold —> lots of nodes —> decentralized. (4x more nodes than BNB and Cosmos)
medium.com/tezos/liquid-p…
medium.com/tezos/liquid-p…
@stefsull 6/12 Institutional grade smart contracts. Formal verification makes it possible to formally verify the contracts in advance. Also, where ERC-20 falls short for regulatory compliance, Tezos offers the options needed to build in the limits financial law demands.
@stefsull 7/12 Tezos is already leading the standard here, but the XYN standard will optimize Tezos even more, see here: publish0x.com/publish0x-post…
@stefsull 8/12
- Enough funding for years. 600 mill + will last for years and ensures Tezos ecosystem to grow exponentially.
- Billions of STO announced by STO issuers. What ICO’s did for ETH, seems to be happening for XTZ in the coming years.
- Enough funding for years. 600 mill + will last for years and ensures Tezos ecosystem to grow exponentially.
- Billions of STO announced by STO issuers. What ICO’s did for ETH, seems to be happening for XTZ in the coming years.
@stefsull 9/12 STO's are even in an earlier adoption phase than cryptocurrencies. The important difference here, that STO's are the tokenized version of something that is already being traded in enormous numbers. The future might be brighter than expected.
@stefsull 10/12 Tezos is the 1st decentralized blockchain to be used by authorities. French authorities (Cybercrime unit and Europol) implemented a smart contract on Tezos. Their dev commented:
@stefsull 11/12 “With michelson I know exactly what each instruction is going to do, I can then use proof assistants like Coq to prove the correctness of my program.
@stefsull 12/12 I don't see how one could develop secure applications in a high level language like solidity, I'd always have the nagging feeling that I don't see the whole picture. With michelson I'm absolutely confident that my code does what it says it does.“ reddit.com/r/tezos/commen…
