March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Tezos (XTZ)
Tezos, Ticker code XTZ, is a smart contract platform which promotes the fundamental ideas of on-chain governance and self-amendment.
Price:
$1.55
Mkt Cap:
$1,410,104,039
View Coin Page
Project Fundamentals
- Tezos uses a liquid Proof-of-Stake (LPoS) enabling nodes to validate blocks and add them to the blockchain.
- XTZ coins are minted when blocks are produced, Liquidity Baking is subsidized, and endorsements are included.
- Tezos’ network consists of a self-amending blockchain which can upgrade itself over time without the necessity of hard forking.
- ‘Bakers’ receive rewards for staking Tezos token (XTZ) to form newly minted
Partnerships / Implementation
- Tezos raised $238 million from institutional investors including Boost VC, Dean Patrik, James Sowers, and Andreas Schwartz
- Tezos hosts smart contracts on an Ethereum-like blockchain and enables the community to vote to better the platform and improve any flaws it might have
- Some of Tezos’ major partnerships incluse supermarket chain Aldi, gaming brand Corsair, sports brand Adidas, and Mclaren Racing.
- In 2022, Tezos has been one of the primary sponsors of US based grappling & jiu jitsu promotion, Flograppling.
Roadmap and Announcements
- Staking XTZ has been supported by major platform Moonstake through TZ Ventures.
- Moonstake has hosted various promotional campaigns raising awareness of the Tezos ecosystems and XTZ staking to the market.
- Major household names have initiated building on the Tezos network, resulting in significant growth for Tezos.
- Kukai has integrated MoonPay to enable users to purchase Tezos directly from Kukai.
- Tezos recently announced their 8th protocol upgrade, Hangzhou.
- August 2022 @tezosdomains via twitter: “Over 100 000 Tezos Domains have been registered in total! 🎉Thank you for the support”
- September 2022: Equisafe announced they will open their own Tezos node to operate as a corporate baker.
Technical Analysis
More Bright Ideas
February 27, 2023
Polygon (MATIC)
Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.
February 24, 2023
Fantom (FTM)
FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees.
February 22, 2023
Polygon (MATIC)
Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.
February 21, 2023
Cosmos (ATOM)
Cosmos is an interoperability platform operating as a “decentralised network of independent parallel blockchains"
February 20, 2023
Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
