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Tezos (XTZ)

Tezos is a smart contracts platform hot off their wildly successful and controversial ICO. Tezos is working to create a cryptocurrency “commonwealth” where the holders of XTZ tokens have the ability to vote in new protocols, which will effectively give users full control over the future of the blockchain.

In addition, this allows for Tezos processes to incrementally change and improve overtime, instead of requiring the radical changes every now and then that tend to lead to hard forks.

With Tezos, users can vote for rewards to be allocated to developers who are making great contributions to projects, and therefore incentivizing the development of the platform.

Tezos has a few technological differences when compared to Ethereum such as the use of dPoS, the unique ability to upgrade without the need of a fork, and formal verification which allows for code to be mathematically proven to be correct. This is particularly useful in the case of sensitive calculations needed in fields such as aircraft design and nuclear development.

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