Tezos: A Self-Amending Crypto-Ledger - page 45.

krinjah

sr. member

Activity: 784

Merit: 256

Quote from: Emmanueltd on August 08, 2017, 12:14:54 AM

Tezos can instanciate any blockchain based protocol. Its seed protocol species a procedure for stakeholders to approve amendments to the proto- col, including amendments to the amendment procedure itself. Upgrades to Tezos are staged through a testing environment to allow stakeholders to recall potentially problematic amendments.
The key benefits of Tezos are:
- A governance mechanism that permits innovation at the protocol level through self-amendments. It means stakeholder can choose to incorporate or reject various innovations. They could introduce new types of transactions, new assets or even change the consensus protocol itself.
- A formally specified smart-contract language
- Good design in general

All these things are a bit too hard to understand for just a random person (investor, whatsoever), too technical.
Article bringing light to Tezos https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c9618240183f is a bit less formal yet needs brain effort to get the idea.

Emmanueltd

newbie

Activity: 38

Merit: 0

Tezos can instanciate any blockchain based protocol. Its seed protocol species a procedure for stakeholders to approve amendments to the proto- col, including amendments to the amendment procedure itself. Upgrades to Tezos are staged through a testing environment to allow stakeholders to recall potentially problematic amendments.
The key benefits of Tezos are:
- A governance mechanism that permits innovation at the protocol level through self-amendments. It means stakeholder can choose to incorporate or reject various innovations. They could introduce new types of transactions, new assets or even change the consensus protocol itself.
- A formally specified smart-contract language
- Good design in general

Jeffreybd

newbie

Activity: 36

Merit: 0

Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth.

Stephencb

newbie

Activity: 35

Merit: 0

It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work.

Michael2t

newbie

Activity: 39

Merit: 0

Tezos instantiates new technical innovations but also enforces types of constitutionalism through the use of formal proofs to mathematically verify that key properties are upheld over time. By allowing stakeholders to coordinate on-chain, the network also allows for the creation of bounties to implement specific features or discover bugs.

Lillian89

newbie

Activity: 37

Merit: 0

Waiting for complete change from Tezos

Emmanueltd

newbie

Activity: 38

Merit: 0

I see a governance mechanism that permits innovation at the protocol level through self-amendments.They could introduce new types of transactions, new assets or even change the consensus protocol itself.

williamevanl

sr. member

Activity: 404

Merit: 253

Quote from: tridency on August 02, 2017, 09:03:41 AM

The Tezos' team perhaps is too focused on the product as there's so much pressure to deliver in 4 months, which is good for the fundraiser participants. I guess we just have to trust their track-record before they conceived Tezos and not blabber about your expectations. Would you rather have them spend 2+ hours/day here and on Reddit just to make you feel safe about your so called "investment"?

If you are in SFO, join the first ever Tezos Community Happy Hour. https://www.eventbrite.com/e/tezos-community-happy-hour-with-tezos-founder-arthur-breitman-tickets-36624682411

I wonder if this will be recorded or if we can get it transcribed. Very exciting, so few 'real projects' in this space any more!

tridency

newbie

Activity: 2

Merit: 0

The Tezos' team perhaps is too focused on the product as there's so much pressure to deliver in 4 months, which is good for the fundraiser participants. I guess we just have to trust their track-record before they conceived Tezos and not blabber about your expectations. Would you rather have them spend 2+ hours/day here and on Reddit just to make you feel safe about your so called "investment"?

If you are in SFO, join the first ever Tezos Community Happy Hour. https://www.eventbrite.com/e/tezos-community-happy-hour-with-tezos-founder-arthur-breitman-tickets-36624682411

krinjah

sr. member

Activity: 784

Merit: 256

Quote from: coat47 on August 01, 2017, 03:36:28 PM

I’m a little disappointed by some ico, where people talk so much in youtube, facebook, twitter, slack etc and here in the forum (with the bounty etc) to convince us of their great project and of course to tell us to invest. And when the ico is finished, we don't have any or a few news about the project, about what they're going to do. In fact only 20% of the ico that I invested give some news.

This!

You are at the right place - no bounty children, no marketing stuff, no blablabla promises and other dirty stuff. Only the whitepaper and position paper (so detailed therefore a bit too hard to understand for many of you), years of preparation work, serious investors (you'd be surprised to know their names) - everything is in place to achieve a great project.

coat47

full member

Activity: 420

Merit: 100

I’m a little disappointed by some ico, where people talk so much in youtube, facebook, twitter, slack etc and here in the forum (with the bounty etc) to convince us of their great project and of course to tell us to invest. And when the ico is finished, we don't have any or a few news about the project, about what they're going to do. In fact only 20% of the ico that I invested give some news.

The Goat Master

hero member

Activity: 868

Merit: 502

Quote from: Asimmo on August 01, 2017, 05:51:16 AM

Definitely one of the promising coin, although not with best marketing team.

There is not much we can do..

Maybe it wouldn't be good timing to focus on marketing right now.
I think it's better focus on product and community relations Wink

krinjah

sr. member

Activity: 784

Merit: 256

Quote from: Asimmo on August 01, 2017, 05:51:16 AM

Definitely one of the promising coin, although not with best marketing team.

There is not much we can do..

Marketing is not always good, not to say harmful as it appears to happen to Polybius for example.

Asimmo

sr. member

Activity: 728

Merit: 251

Definitely one of the promising coin, although not with best marketing team.

There is not much we can do..

krinjah

sr. member

Activity: 784

Merit: 256

https://www.economist.com/news/finance-and-economics/21725598-compromise-over-currencys-future-may-not-last-making-bitcoin-work-better

Nice article in oldschool finance magazine with Tezos mentioned in it.

williamevanl

sr. member

Activity: 404

Merit: 253

Myspace > Facebook (well at one point) or Yahoo > Google, Netscape > everyone

krinjah

sr. member

Activity: 784

Merit: 256

Quote from: freew5660 on July 29, 2017, 03:47:09 PM

Quote from: vtr99 on July 29, 2017, 02:56:22 PM

Quote from: krinjah on July 26, 2017, 04:40:24 PM

Quote from: Wysi on July 26, 2017, 03:46:56 PM

Quote from: krinjah on July 24, 2017, 10:48:40 AM

Maybe it's just a moment to admit that a good coin doesn't necessarily need to have a beatiful announcement full of bounties and crap and random people not even capable of using Google Translate to communicate in English..

best post i have read on this forum.

Thanks mate Wink

Quote from: Proximity Scan on July 26, 2017, 04:02:09 PM

Quote from: KurtCobain on July 24, 2017, 08:37:47 AM

4 years, and hundreds of millions of dollars invested, and only 5 pages of bitcointalk posts?

some meaningless bla-bla-bla Pitty if you invested money in this.

Sorry for you to haven't had a chance to do so. You will be able to recover (if you're smart enough) and buy some in October, for x10 ICO price, but who would really care?

I don't know about 10x the ICO price by October, but I am betting we will see at least 3x to 5x. Tezos is the future.

How will it affect Ethereum? Price and developer could tend to work on Tezos.

Ethereum -> Tezos

freew5660

full member

Activity: 182

Merit: 100

Quote from: vtr99 on July 29, 2017, 02:56:22 PM

Quote from: krinjah on July 26, 2017, 04:40:24 PM

Quote from: Wysi on July 26, 2017, 03:46:56 PM

Quote from: krinjah on July 24, 2017, 10:48:40 AM

Maybe it's just a moment to admit that a good coin doesn't necessarily need to have a beatiful announcement full of bounties and crap and random people not even capable of using Google Translate to communicate in English..

best post i have read on this forum.

Thanks mate Wink

Quote from: Proximity Scan on July 26, 2017, 04:02:09 PM

Quote from: KurtCobain on July 24, 2017, 08:37:47 AM

4 years, and hundreds of millions of dollars invested, and only 5 pages of bitcointalk posts?

some meaningless bla-bla-bla Pitty if you invested money in this.

Sorry for you to haven't had a chance to do so. You will be able to recover (if you're smart enough) and buy some in October, for x10 ICO price, but who would really care?

I don't know about 10x the ICO price by October, but I am betting we will see at least 3x to 5x. Tezos is the future.

How will it affect Ethereum? Price and developer could tend to work on Tezos.

vtr99

legendary

Activity: 1214

Merit: 1000

Never compromise your standards!

Quote from: krinjah on July 26, 2017, 04:40:24 PM

Quote from: Wysi on July 26, 2017, 03:46:56 PM

Quote from: krinjah on July 24, 2017, 10:48:40 AM

Maybe it's just a moment to admit that a good coin doesn't necessarily need to have a beatiful announcement full of bounties and crap and random people not even capable of using Google Translate to communicate in English..

best post i have read on this forum.

Thanks mate Wink

Quote from: Proximity Scan on July 26, 2017, 04:02:09 PM

Quote from: KurtCobain on July 24, 2017, 08:37:47 AM

4 years, and hundreds of millions of dollars invested, and only 5 pages of bitcointalk posts?

some meaningless bla-bla-bla Pitty if you invested money in this.

Sorry for you to haven't had a chance to do so. You will be able to recover (if you're smart enough) and buy some in October, for x10 ICO price, but who would really care?

I don't know about 10x the ICO price by October, but I am betting we will see at least 3x to 5x. Tezos is the future.

krinjah

sr. member

Activity: 784

Merit: 256

Quote from: Wysi on July 26, 2017, 03:46:56 PM

Quote from: krinjah on July 24, 2017, 10:48:40 AM

Maybe it's just a moment to admit that a good coin doesn't necessarily need to have a beatiful announcement full of bounties and crap and random people not even capable of using Google Translate to communicate in English..

best post i have read on this forum.

Thanks mate Wink

Quote from: Proximity Scan on July 26, 2017, 04:02:09 PM

Quote from: KurtCobain on July 24, 2017, 08:37:47 AM

4 years, and hundreds of millions of dollars invested, and only 5 pages of bitcointalk posts?

some meaningless bla-bla-bla Pitty if you invested money in this.

Sorry for you to haven't had a chance to do so. You will be able to recover (if you're smart enough) and buy some in October, for x10 ICO price, but who would really care?

Topic: Tezos: A Self-Amending Crypto-Ledger - page 45. (Read 67950 times)