Tezos

Tezos: A unique on-chain governance

Creator

tz1Ukqh3gidfzpcjRf916HVtyvXHzrUc5GzX

Description

Tezos is unique among other blockchain protocol thanks to its on-chain governance. This allows the chain to be forkless (avoiding community forks & token multiplications amon other issues) and future proof thanks to an endless evolutivity. All this right in the hand of the community while anyone can participate to the governance or even upgrade proposals. Few other protocols have implemented on-chain governance so far, but none with such strong rules (80% "yes" AND quorum required) & none can compete with Tezos governance track record. Mainnet have been launched in September 2018. Since then, the protocol have been upgraded 15 times while the community experienced several upgrade rejections (wether by lack of votes in favor or by lack of participation) & this at different governance periods (in the exploration or promotion phase). Wether an upgrade pass or get rejected, in the end the whole community wins as we're all moving forward in the same direction thanks to a strong consensus. Please, feel free to send this token to your fam & friends using your Kukai wallet. All you need is their Twitter handle, mail or Gmail address, or even Reddit account! Let’s spread the word!

Traits

Tag

onchain

Tag

staking

Tag

delegating

Tag