Tezos Betanet Launch

#1

Post by frabrunelle » Sat, Jun 30, 2018, 9:00 PM UTC

Re: Tezos Betanet Launch

#2

Post by Rjevski » Sat, Jun 30, 2018, 9:18 PM UTC

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

Re: Tezos Betanet Launch

#3

Post by erikpukinskis » Sat, Jun 30, 2018, 9:22 PM UTC

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

Web site is totally useless.

Testnet instructions are here: http://doc.tzalpha.net/introduction/alphanet.html

Best I can tell: smart contracts like Ethereum, except the protocol has means for amending the protocol itself? So, meta-Ethereum?

This article (Linda Xie) is pretty good: https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c96...

Apparently they also already have proof of stake?

Re: Tezos Betanet Launch

#4

Post by ethbro » Sat, Jun 30, 2018, 9:24 PM UTC

erikpukinskis wrote: post #3

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

Web site is totally useless. Testnet instructions are here: http://doc.tzalpha.net/introduction/alphanet.html Best I can tell: smart contracts like Ethereum, except the protocol has means for amending the protocol itself? So, meta-Ethereum? This article (Linda Xie) is pretty good: https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c96... Apparently they also already have proof of stake?

Thank god. Because the one thing Ethereum was missing was more complexity.

Re: Tezos Betanet Launch

#5

Post by rdl » Sat, Jun 30, 2018, 9:24 PM UTC

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

Smart contract blockchain with 1) on-chain governance and 2) a formally-verifiable language for writing the smart contracts.

People are excited about the launch both because of what it is, and because it already had a lot of people contribute to a fundraiser a year ago.

Re: Tezos Betanet Launch

#6

Post by VMG » Sat, Jun 30, 2018, 9:24 PM UTC

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

It's a an ocaml-flavored coin promising to solve "governance" problems. It has naturally suffered a lot of governance drama related to colorful personalities involved.

Due to sudden KYC requirements there is already a fork called "Tezos libre"

Re: Tezos Betanet Launch

#7

Post by wycs » Sat, Jun 30, 2018, 9:26 PM UTC

erikpukinskis wrote: post #3

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

Web site is totally useless. Testnet instructions are here: http://doc.tzalpha.net/introduction/alphanet.html Best I can tell: smart contracts like Ethereum, except the protocol has means for amending the protocol itself? So, meta-Ethereum? This article (Linda Xie) is pretty good: https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c96... Apparently they also already have proof of stake?

And a much better language. Though it is hard to do worse than solidity. The consensus algorithm is pretty terrible though, but subject to amendment I suppose.

Re: Tezos Betanet Launch

#8

Post by amelius » Sat, Jun 30, 2018, 9:28 PM UTC

Rjevski wrote: post #2

Does anyone have a TLDR on this? Their website doesn't make it clear what this technology actually is. My best guess so far is that it's a coin & smart contract platform like Ethereum.

From the website:

> The Tezos Foundation’s primary focus is the promotion and development of the Tezos protocol and related technologies, as well as the promotion and support of applications using the Tezos protocol.

Should be clear now, right? ;)

Re: Tezos Betanet Launch

#9

Post by eucibous » Sat, Jun 30, 2018, 9:50 PM UTC

Tezos is the future!

Re: Tezos Betanet Launch

#10

Post by newfocogi » Sat, Jun 30, 2018, 9:58 PM UTC

The more I watch the crypto space, the more I observe that it has developed an inherently misaligned set of incentives. The people who are creating headlines for each new approach are the ones who have already bought in and will benefit most from others being convinced of its value and buying in as well. Just like it took decades for it to be common for personal financial advisors to be fiduciaries, I wonder if there is space for "experts" who commit to not having a stake in any crypto and just commenting on which ones seems to be creating real technological value. I might support a patreon for that. Of course, anonymity on the blockchain would make it hard to "trust" that these "experts" were really unbiased.

P.S. I know crypto is better used to refer to cryptographic technology as a whole, but referring to this area as "cryptocurrency" is insufficient since many are trying to move beyond being currencies, and "blockchain" is insufficient because many are trying alternatives to the basic blockchain introduced by bitcoin.