As we already pre-announced one of the main focus for our developers will be on integrating new mainnets in Q1 2020. The coding has started a long time before the roadmap announcement and as a result, we are delighted to announce a new listing on our exchange:
Tezos is an open-source platform for assets and applications backed by
a global community of validators, researchers, and builders.
It is designed to provide the safety and code correctness required for assets and other high-value use cases. The native smart contract language of Tezos, Michelson, facilitates formal verification, a methodology commonly used in mission-critical environments such as the aerospace, nuclear, and semiconductor industries.
Tezos’s modular architecture and formal upgrade mechanism allow the network to propose and adopt new technological innovations smoothly as they emerge. These aspects, combined with Tezos’ on-chain invoicing mechanism, enable the protocol to remain the state-of-the-art long into the future — without sacrificing community consensus. In Tezos, all stakeholders may participate in network upgrades by evaluating, proposing, or approving amendments.
Unlike in Proof-of-Work and other Proof-of-Stake networks, all stakeholders can help to secure the network (via baking or delegating), and avoid being diluted by inflation.
“Baking” is the act of signing and publishing blocks to the Tezos blockchain. Bakers are a crucial component of the Proof-of-Stake consensus mechanism by ensuring that all transactions in a block are correct, that the order of transactions is agreed upon, and that no double-spending has occurred.
Bakers validate all transactions and add them to the blockchain. If a baker behaves dishonestly, the protocol has a built-in mechanism that can cause them to lose their security deposit.
Bakers are rewarded with additional XTZ for securing the network.
More information about Tezos can be found HERE.
XTZ/USDT trading on eterbase.exchange will start on Thursday, February 6th EOD.
Together with COSMOS (already listed in January), we will be also focusing to launch STAKING of TEZOS in the first half of Q2.
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