Ano ang Tezos? (XTZ)
Ang Gabay sa Baguhan
Tezos set out in 2014 to create what it called a “self-amending blockchain.”
Complex in implementation, at its core, the concept was simple: Tezos would allow anyone who owned its XTZ cryptocurrency to vote on possible changes to its rules, and once decided, the software would automatically update to ensure the changes were made.
By using this system, Tezos aimed to reduce the chances its blockchain might fork, creating two separate cryptocurrencies with two distinct prices.
Yet, the idea that a cryptocurrency could upgrade itself within its own software had wider implications starting a conversation around what would be termed “blockchain governance.”
The arrival of Tezos would alter blockchain taxonomy, effectively separating crypto assets into two camps, those with “off-chain governance” and those with “on-chain governance.”
To make its system work, Tezos users were allowed to vote through a process called “baking,” in which they agreed to lock XTZ they owned in special contracts. Users could either become bakers or delegate XTZ to other bakers to win newly minted XTZ from the protocol.
For this novel design, Tezos was able to raise record-setting levels of funding in 2017 before launching its live blockchain to the public in 2018.
For more regular updates from the Tezos team, you can bookmark the Tezos Medium blog, which includes tips and tutorials on the network and its evolving technology.
Sino gumawa ng Tezos?
The Tezos blockchain was created by husband and wife Arthur and Kathleen Breitman in 2014 through the Dynamic Ledger Solutions, a startup they founded to develop Tezos.
The Tezos team held an initial coin offering (ICO) in July 2017, raising the equivalent of $232 million (66,000 BTC and 361,000 ETH), the largest ever ICO at the time. Following the ICO, the Tezos Foundation, based out of Switzerland, was created to launch the protocol.
The foundation also committed to purchasing Dynamic Ledger Solutions, including all intellectual property rights to the Tezos blockchain, per the ICO agreement.
Paano gumagana ang Tezos?
The Tezos blockchain enables many features common to cryptocurrencies.
Developers can use its software to run custom programming logic (smart contracts) and design new programs (decentralized applications) meant to replicate products and services.
Yet, its voting features required a different design.
More specifically, the Tezos blockchain would be broken into two parts:
- Shell – The code that amends itself based on user voting, it is also responsible for interpreting transactions and administrative operations
- Protocol – The code responsible for sending proposals to the shell for review.
The Tezos LPoS Blockchain
To keep its network in sync, Tezos uses a variation on classic proof-of-stake (PoS) consensus called liquid proof-of-stake (LPoS).
Similar to traditional PoS mechanisms, LPoS is an algorithm used by computers running the Tezos software to secure the network, validate transactions and distribute newly minted XTZ.
In order for the participants (“nodes”) to participate in governance, they need to stake XTZ in a process Tezos calls “baking.” To become a baker, a node needs 8,000 XTZ (also called a roll).
Users can also delegate their tokens to other bakers, allocating votes to other users so they can earn XTZ rewards on its live blockchain.
Bakers are incentivized to perform honestly, because users have the flexibility to easily switch between the bakers they delegate XTZ to, depending on their voting preferences.
Bakers take part in the governance of the blockchain by voting on proposed code changes.
The voting process consists of four distinct voting periods, each separated by roughly 23 days.
- The Proposal Period – Any baker can submit a proposal to amend or upgrade the Tezos blockchain. Proposals with the most votes move on to the next period.
- The Exploration Vote Period – Proposals that reach a super-majority (80% of votes in favor of the proposal) move on to the next period
- The Testing Period – The proposal then moves to a temporary test chain (48-hour fork) curated to verify if the change works and is safe for the network to adopt.
- The Promotion Vote Period – Bakers vote to determine if the proposal will be implemented. Proposals go through if the vote reaches a super-majority in favor.
Bakers can also attach invoices to their proposals. If the proposal is approved after all four voting periods, the protocol will mint the specified amount in the invoice and pay it to the baker.
Bakit may halaga ang XTZ?
The XTZ cryptocurrency plays a key role in maintaining and operating the Tezos network, and can be used for holding, spending, sending or baking.
By owning and baking XTZ, users gain the ability to vote on network upgrades, with each vote being proportional to the amount of XTZ cryptocurrency they bake.
Tezos rewards participants with XTZ based on how many tokens they are baking, with the bakers receiving a small percentage of the reward allocated to those who delegate their XTZ.
Mga Crypto Guide ng Kraken
- What is Bitcoin? (BTC)
- What is Ethereum? (ETH)
- What is Ripple? (XRP)
- What is Bitcoin Cash? (BCH)
- What is Litecoin? (LTC)
- What is Chainlink? (LINK)
- What is EOSIO? (EOS)
- What is Stellar? (XLM)
- What is Cardano? (ADA)
- What is Monero? (XMR)
- What is Tron? (TRX)
- What is Dash? (DASH)
- What is Ethereum Classic? (ETC)
- What is Zcash? (ZEC)
- What is Basic Attention Token? (BAT)
- What is Algorand? (ALGO)
- What is Icon? (ICX)
- What is Waves? (WAVES)
- What is OmiseGo? (OMG)
- What is Gnosis? (GNO)
- What is Melon? (MLN)
- What is Nano? (NANO)
- What is Dogecoin? (DOGE)
- What is Tether? (USDT)
- What is Dai? (DAI)
- What is Siacoin? (SC)
- What is Lisk? (LSK)
- What is Tezos? (XTZ)
- What is Cosmos? (ATOM)
- What is Augur? (REP)
Bakit ka gagamit ng Tezos?
Maaaring makita ng mga user na nakakabighani ang Tezos batay sa kakaiba nitong mga tampok sa pagboto.
Ang Tezos blockchain ay maaaring maging kawili-wili din sa mga developer na naghahanap na maglunsad ng mga desentralisadong aplikasyon. Sa ngayon, mayroong iba't ibang mga proyekto na binuo sa platform. Ang ilang halimbawa ay kinabibilangan ng tzBTC, isang desentralisadong aplikasyon sa pananalapi na naglalayong i-tokenize ang bitcoin at Tezsure, isang desentralisadong insurance marketplace.
Maaaring hanapin din ng mga namumuhunan na bumili ng XTZ at idagdag ito sa kanilang portfolio kung sila ay naniniwala na balang araw papabor ang market sa pagstake ng mga blockchain kung saan ang mga kalahok ay mas madaling kumita ng cryptocurrency.
Si Kraken nagsisilbing panadero para sa mga kliyenteng gustong i-lock ang kanilang XTZ sa isa sa kanilang mga staking wallet. Ang mga kliyenteng nag-stake ng XTZ sa Kraken ay makakatanggap ng 6% taunang pagbabalik, na binayaran ng dalawang beses kada linggo.
Ang mga user ay makakahanap pa ng maraming impormasyon tungkol sa pag-stake sa Kraken dito.
Simulan ang pagbili ng Tezos
Ngayon ay handa ka nang gawin ang susunod na hakbang at bumili ng ilang XTZ!