Tezos (XTZ) To Face More Competition, Decentralization, and Choice

By May 10, 2020Ethereum
Click here to view original web page at thecurrencyanalytics.com

An interesting information about Tezos is that, on an average, 155 different Tezos Bakers participate in block production every day.

TezTracker Update #9 takes pride in letting know that their developers never stop working on the Tezos Explorer Teztracker. They have recently added useful features like data, statistics, and charts.

Tezos Agora has made their first post about designing a name service series. The major purpose of Tezos Name service is to translate several meaningful and user-friendly alias to a Tezos address and also vice versa. This translation is significant because all participants on the blockchain will be able to see the same address for a given alias.

According to Tezos Agora, “The Domain Name System (DNS) is a hierarchical and decentralized naming system for computers, services, or other resources connected to the Internet or a private network. It associates various information with domain names assigned to each of the participating entities.”

Sydney Ifergan, the crypto expert, tweeted: “Tezos (XTZ) will know that usability is the make or break factor that will decide their success. Tezos are very clear that data should be accessible to everyone regardless of the language they speak.”

They have time and again been clear about the motivation in their projects. Teztracker is already being used in Russian, and Usability in Chinese is on its way. They are continuing to build. The community is always open to suggestions.

Tezos (XTZ) Stable Coin

A tutorial about fungible tokens on Tezos blockchain is available. It clearly explains what fungible tokens are, what is TZIP-7, and about how to set up a smart contract.

USD TEz (USDTZ) is the Tezos Stable Coin. They are working on improving the cornerstones for Tezos DeFi. They are now proud to announce their strategic collaboration with Chainlink. The ChainLink Oracle technology is unmatched in its caliber just as incredible as the community. The Tezos DeFi Strategic collaboration with Chainlink is expected to be phenomenally successful.

A new version of Tezster-GUI was recently released. The desktop app was redesigned in a way to interact and deploy smart contracts on the Tezos test net, running locally or remotely by making use of Tezster CLI.

The tzkt.io explorer from Tezos Baking Bad has made tracking transaction errors a breeze. It is expected that with community developers who bring features like this, Tezos will surely give Ethereum a run for its money. Tezos is set to face more competition, decentralization, and choice!

TezTracker Update #9 takes pride in letting know that their […]

Leave a Reply