Cryptocurrency Q&A
Is Tezos built on Ethereum?
Is Tezos built on Ethereum?
EnchantedSeeker
Mon May 27 2024
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6 answers
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Could you please clarify something for me? I've been hearing a lot about Tezos recently and I'm trying to understand its technological foundation. Is Tezos, in fact, built on the Ethereum blockchain? Or does it have its own independent architecture? I'm interested in understanding the relationship between these two platforms, if any, and how it might impact the functionality and potential of Tezos. Could you provide some insight into this matter? Thank you in advance for your assistance.
6 answers
BlockchainVisionary
Wed May 29 2024
Tezos stands out as a self-amending decentralized platform, tailored for the development of distributed applications (dApps). This platform offers a robust framework for creating innovative blockchain-based solutions.
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CoinPrince
Tue May 28 2024
Among the various cryptocurrency exchanges, BTCC stands out as a leading platform in the UK. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet solution.
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Chloe_martinez_explorer
Tue May 28 2024
Comparable to Ethereum, Tezos shares the capability to support dApps constructed through smart contracts. Both platforms empower developers to create secure and functional decentralized applications.
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JejuSunrise
Tue May 28 2024
Despite these similarities, Tezos distinguishes itself with several unique features. One such feature is its self-amending nature, which allows the blockchain to evolve and adapt to changing needs without the need for hard forks.
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Dario
Tue May 28 2024
This self-amending mechanism is achieved through on-chain governance, where stakeholders vote on proposed upgrades to the protocol. This democratic approach ensures that the platform remains responsive to the community's evolving demands.
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