Tezos

= "The first self-amending cryptographic ledger".

URL = https://tezos.com/

Description

"Tezos is the first and only blockchain implementation operating with decentralized governance.

Tezos is a distributed consensus platform with meta-consensus capability. Tezos not only comes to consensus about state, like BTC or ETH. It also comes to consensus about how the protocol and the nodes should adapt and upgrade

One of the biggest and most under-addressed risks in blockchain protocols is that, without a governance system and a mechanism to reach consensus on changes, they will either stagnate or veer off. Tezos has been in active development since summer 2014, when we suggested that cryptographic ledgers suffered from a critical governance problem. Our predictions were sadly born out with the Bitcoin blocksize blunder and in the attempted bailout of the DAO by the Ethereum foundation. Cryptographic-ledgers need governance by consensus, not by roundtable."

Status

• Tezos is currently testing and bug fixes to move out of its prototype phase. We are scheduling to release Tezos in Q1 2017.