
Millon Embraces Arteïa’s Tezos Blockchain for Art Authentication
Users can access the information stored in the NFC chip by scanning it with the free Arteïa Authentication application, which grants partners access to a private VIP Room webpage.
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Tezos is a blockchain project that aims to offer “the world’s first self-amending cryptocurrency”. Tezos provides a formal and systematic procedure for the platform participants to vote and reach an agreement on the proposed protocol amendment, with the help of the duo on-chain mechanism and self-amendment. In addition, Tezos offers a platform to create smart contracts and build decentralized applications that cannot be censored or shut down by third parties.
In contrast to other cryptocurrencies using Delegated Proof-of-Stake, Tezos uses a liquidity Proof-of-Stake (LPoS) algorithm. It allows Tezos software to secure the network, validate transactions, and distribute newly minted XTZ. Besides, Tezos has two key components: network shell and network protocol. Network shell is the code that handles transactions, administrative operations and amends itself based on how users vote. Meanwhile, network protocol grabs the source of a new protocol (a “protocol upgrade”), compiles them on the fly, and replaces the testnet with this new protocol. It is the part of the code that sends proposals to the shell for review.
Tezos’ 2017 initial coin offering raised $232 million, the largest for such an offering to that date. The project experienced a management controversy over the use of raised funds that was described by the July 2018 Wired cover story as “the crypto world’s biggest scandal” after its resolution. Tezos launched in beta on June 30, 2018.
Users can access the information stored in the NFC chip by scanning it with the free Arteïa Authentication application, which grants partners access to a private VIP Room webpage.
Musée d’Orsay will also collaborate with the Tezos Foundation on a series of conferences and educational programs over the next year.
Everlodge (ELDG), often hailed as the ‘Web3 AirBNB’, is rapidly attracting attention from Kava (KAVA) and Tezos (XTZ) holders.
Dogetti is a new meme coin looking to build on the Ethereum blockchain and provide more for users in the decentralised finance space.
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