The Tezos Foundation officially announced the launch of an experimental version of the Tezos platform on its website. The main launch of the network is planned for the third quarter of this year.
At the moment, the code of the genesis block of the network, published for review, is available to users. Users can already connect to the network and begin the baking process, validating blocks, without expecting a reward yet. Approximately three weeks later, after network participants validate 28,672 blocks, the reward will begin to be awarded.
The development team notes that the available version of the network operates in experimental mode and requires special attention to security issues. Tezos will not be able to return lost or stolen tezzies (XTZ) tokens due to bugs in the beta version. Therefore, large transactions are postponed until the end of network testing, although all transactions carried out in the beta version will be valid in the working version.
The Tezos startup continues to add to the list of records.
He was the first to include in his list one of the most successful crowdsales for $232 million, then, it seems, the startup began to set records in terms of the number of problems. At first, the Tezos ICO was mired in class action lawsuits from investors alleging the sale of unlicensed securities. Next, in early June, it obliged its users to undergo the Know Your Customer (KYC) procedure and check for compliance with anti-money laundering legislation (AML) to obtain an access code to funds on the network, which actually imply identity verification.
Naturally, such a violation of customer rights caused a storm of discontent and divided Tezos into two projects. The new nTezos project, if it is launched, is essentially no different from the base one and uses the same open source code, only without premine, ICO and KYC.
The nTezos project claims to be the first service in history to appear as a result of a fork of a network that has not yet been launched.
According to https://tezosfoundation.ch
You May Also Like
Financial insurance leader Lloyd's of London quietly entered the cryptocurrency market
It has become known that Kingdom Trust, which holds more than 30 types of cryptocurrencies and tokens for investors, has obtained insurance coverage through Lloyd's of London to protect these assets from theft and destruction. Kingdom Trust is known to be a certified custodian, which means it holds private keys for those types of cryptocurrencies that are considered acceptable by regulated financial institutions.
BlockchainUA is coming!
For several years now, the strongest community in the field of blockchain and decentralized technologies has been getting together to share experiences and exchange ideas for the development of the industry. International experts will fly from different parts of the world to perform on September 14 in Kyiv on the BlockchainUA stage.
