Hi folks,
Sorry I've been busy and didn't get a chance to answer. Right now we're focused on improving our testnet and finalizing the details for the crowdsale. We don't have a date yet, unfortunately, we're waiting on the creation of the Tezos foundation which will be responsible for conducting the sale. We should know the date in a couple weeks, please be patient.
Regarding our goals, we want to be a dynamic smart-contract platform. Our two main goals are:
- high assurance smart-contracts with formal verification
- a ledger that stays up to date thanks to a governance procedure that allows upgrading on the fly, without hard-forks
It's become very popular to talk about interoperability between blockchains. We're definitely interested in building a Bitcoin SPV client inside Tezos so that smart contracts can react to events on the Bitcoin blockchain. However, ultimately, we don't see interoperability as a critical feature. The economics of blockchains strongly favor concentration onto one ledger, not a collection of domain specific ledgers. As I sometimes say, half serious, half tongue-in-cheek, we are Tezos maximalists.
The same goes with appcoins. We support appcoin issuance on the Tezos blockchain but, for important features, the preferred mechanism won't be to create a new coin (which can dilute the value of the native token) bur rather propose a protocol upgrade tied to a reward. We think this is a way to grow that is more conductive to strengthening the value of the token.
Ethereum congestion is really bad these days due to ICO, will Tezos have the same issue?What is your solution?