05 Jul 2017
Tezos is a US based company which is releasing a new smart contract, aspiring to set the standard of future integrations of blockchain. It markets itself as a ‘self-amending crypto ledger’ with increased security.
Whilst Tezos is frequently compared to Ethereum, it claims to have a number of advantages:
1) Tezos has combined different technologies from different cryptocurrencies to generate a more flexible process.
2) Tezos has built a self amending protocol based on thoughtfully set out voting rules. This means that changes to the protocol are addressed internally within the blockchain as opposed to externally (termed a ‘hard fork’).