Here we are going to look at one of the most important blockchain networks, Tezos, the world's first Self-Governing Blockchain Network, and building dapps on the Tezos network in detail.
2. Tezos - Self-Governing Blockchain
Tezos, a new self-governing blockchain network that was developed in
early 2014 and came to live in 2018 is becoming a strong competitor for
the most popular Blockchain Network, Ethereum. It was founded by
Arthur Breitman & Kathleen Breitman in September 2018 in
Switzerland.
Tezos is the most notable one among them, as it is the first self-
governing blockchain network that works with the Delegated Proof of
Stake (DPoS) blockchain mechanism.
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3. Dapp - Leveraging the Business Growth
Dapp, the decentralized application is a computer-based application
that runs only in a decentralized network. The potential of dapps is
heavy and that can drift any kind of industry or business to the next
level. Blockchain-based dapps create security, trust, transparency, and
visibility among global users.
The features of dapps differ with the kind of business and one can
involve many attractive features like reward programs and more to grab
more user base.
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4. Specialties of Tezos
Tezos, being a strong competitor to the famous Ethereum Blockchain
Network has the following specialties.
On-Chain Governance - Which eliminates Hard Forks
Decentralized Advancement - Leads to easy upgrading of network
Self-Amendment - Automates the evolution of network by itself
Delegation - Provides security by finding out unethical individuals &
activities on the network.
Smart Contracts & Verification - Boosts the credibility of the network by
building dapps.
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5. Why Tezos for dapp & smart contract?
Blockchain
1. Highly Scalable
2. Smart Contract Support
3. Formal Verification of Smart Contracts
4. Self-governing mechanism
5. Decentralized Cryptographic ledger
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6. Why Tezos for dapp & smart contract?
Blockchain
6. Solidity Smart Contract Integration
7. Less Computational Power as DPoS
8. Less Expensive as elimination of PoW
9. High-level Interface
10. On-Chain Governance Network Upgradation and more.
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7. How to build dapp on Tezos?
Blockchain
1. Code Smart Contract using Tezos Smart Contract Language -
Michelson
2. Utilize Liquidity for fast writing of Michelson's smart contract
3. Deploy the Michelson's smart contract on Tezos
4. Build a site to interact with Tezos contracts
5. Produce Tezos XTZ tokens
6. Read the Designer DOCS
7. Install all needed primary & advanced tools
8. Establish all API's
9. Build Dapp and test it
10. Monitor the growth of dapp
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8. Benefits of Tezos Dapp
Blockchain
◆ As Tezos can upgrade without hard forking, Tezos dapps avoids
activities & enhance the participation
◆ Tezos dapps contribute high stability and security
◆ Since Tezos is a self-amendment blockchain network, dapps on
Tezos are easy to adopt new innovations & changes
◆ Tezos Dapp offers systematic & formal procedures to process
protocols.
◆ It ensures code correctness & safety for any kind of use-cases.
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9. Features of Tezos Dapp
Blockchain
❏ On-Chain Governance
❏ Delegated Proof of Stake (DPoS)
❏ Self- Amendment System
❏ Smart Contracts
❏ Smart Contract Verification
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10. Features of Tezos Dapp
Blockchain
We Bitdeal - Leading Tezos Dapp Development
Company offers world-class decentralized
application development on Tezos Blockchain
Network. Our developers are skilled in a way that
they can develop and deploy Dapp on Tezos
platform for any kind of business or industry
specific with any features & plugins inherited.
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11. Get to Know More
How to Build Your Own
Dapp on Tezos?
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