Tezos is a self-evolving blockchain network created for developing smart contracts and decentralized applications, launched in 2018. Distinct from Ethereum, it uses the Michelson smart contract language and features on-chain governance and a liquid proof-of-stake consensus mechanism. Tezos aims to enhance cryptocurrency and decentralization, fostering the development of smart contracts and applications.

1. What is Tezos?
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2. Introduction
Blockchain technology is booming up the digital world in recent days. This
paved a way for creating separate blockchain network for various industries
like music, games, etc. There evolved blockchain networks such as Ethereum,
EOS, TRON, Steller, Waves, etc till date. Tezos has been added up next in the
list of the blockchain network, but tezos will not be just one among them.
Let's have a look at why tezos creating a huge hype in blockchain industry?
what is the specialty of tezos? and what if the tezos blockchain has been
implemented in real time applications?

3. Tezos
Tezos is a blockchain network similar to Ethereum for developing and
deploying smart contracts and decentralized applications. Tezos is the first
self-evolving blockchain in the globe.
Tezos is a P2P, distributed, and permissionless blockchain network aiming to
make a few notable improvements and innovations in the blockchain.

4. History of Tezos
Tezos was started developing in early 2014 but has its first launch in 2018.
Founders: Arthur Breitman & Kathleen Breitman
Founded Year: September 2018
Headquarters: Switzerland
Fund Raised in 1st ICO: $232 million
Tezos-founding company is named Dynamic Ledger Solutions ( DLS )

5. Difference between Tezos and Ethereum
1. The smart contract language of the Tezos blockchain is Michelson
whereas the smart contract language of Ethereum is Ethereum Virtual
Machine (EVM ).
2. Both EVM and Michelson are stack-based programming language which
works by mutating a sequence of data elements to some sequence of
instructions.
The main difference between Michelson and EVM are
1. Michelson is written in a human-legible text format and EVM operates as
bytes.
2. Michelson data elements are typed but it is not the same in EVM.

6. Tezos Architecture
1. Network Layer: This protocols hold the responsibility of peer listening and
broadcasting it between its nodes, simply known as gossip protocol.
2. Transaction Layer: This transaction protocol defines the accounting model
that is being implemented by the blockchain network.
3. Consensus Layer: This protocol helps blockchain reach agreements on the
state of transactions, which is pretty self-explanatory.
In Tezos, the network shell provides communication between the network
layer and the blockchain layer. Blockchain Layer is nothing but the
combination of transaction and consensus layer of tezos.

7. Working of Tezos
To understands the working of tezos , we must know about the utility of
special characteristics of Tezos.
1. On-Chain Governance
2.The liquid Proof-of-Stake consensus mechanism
3.Smart contracts with verifications
Get a detailed description about working of tezos at : What Is Tezos
Blockchain ? How It Works ?

8. Tezos - Holding the future of Blockchain
Tezos is introduced with the aim of providing a better space for
cryptocurrency, decentralization and smart contracts. Thus introduces as a
self-evolving blockchain tezos plays a better role in the cryptocurrency globe.
Tezos team works for the better delivery of all the aspects and projects on
their network. Let us hope for more development of smart contracts and
decentralized applications on tezos blockchain network.
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