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In August 2014, Tezos was conceived as a “self-amending” blockchain platform in a white paper proposed by Arthur Breitman under the pseudonym “L.M. Goodman”. In layman's terms, it is a decentralized open-source blockchain capable of performing peer-to-peer transactions. Tez - denoted by XTZ, is the native cryptocurrency of the Tezos Blockchain.
But Why Tezos? Let’s take a look.
Significance of Tezos
Tezos - a daunting opponent to Ethereum
Since Ethereum is based on Proof of Work (PoW), there are certain disadvantages.
Benefits of Tezos blockchain
Tezos blockchain overcomes the drawbacks of the Ethereum Blockchain, making it one of the significant competitors in the Blockchain space.
DApp Development on Tezos Blockchain
Developing DApps on the Tezos Blockchain has many advantages and is being implemented on a global scale. Let’s examine the various steps involved in the DApp development.
Seems tedious? Looking for a leading Tezos DApp Development company? We have your back. Contact us today. At Clarisco Solutions, we offer end-to-end services to build dApps on the Tezos blockchain. We comprehend your requirements and offer customized solutions to help you meet your business goals.