Tezos Blockchain Explained in 90 seconds

Hi everyone and welcome to another Crypto 
Top Things To Know Special. In this episode   we will explore what Tezos is all about. Tezos is a blockchain network that’s based 
on smart contracts, in a way that’s not too   dissimilar to Ethereum. However, 
there’s a big difference:   Tezos aims to offer infrastructure that is more 
advanced — meaning it can evolve and improve   over time without there ever being a danger 
of a hard fork. This is something that both   Bitcoin and Ethereum have suffered since 
they were created.

People who hold XTZ   can vote on proposals for protocol upgrades 
that have been put forward by Tezos developers. This open-source platform bills itself as 
“secure, upgradable and built to last” — and   says its smart contract language provides 
the accuracy that is required for high-value   use cases. According to Tezos, its approach 
means that it is futureproof and will “remain   state-of-the-art long into the future,” meaning it 
can embrace developments in blockchain technology. The technology underpinning Tezos was first 
proposed in a white paper that was released   in September 2014.

After a series of delays, 
the Tezos mainnet launched four years later..

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