Looking to build a decentralized application (DApp) on tezos blockchain network for your project? Tezos blockchain network is considered outstanding options when it comes to building decentralized applications (DApps) for your business. While this platform aims to interconnect a large group of organizations and enterprises that wish to avoid scalability & privacy issues in the Blockchain space, the other is created solely beholding the financial industry, prepared towards handling critical transactions while regulating access to highly sensitive data. Finding it difficult to how to choose the best Tezos dapp development company? or want to know how to build a dapp on the tezos blockchain? Explore more from here - https://bit.ly/2Y0fg2F

1. Tezos Dapp Development
www.developcoins.com

2. What is Tezos?
Tezos is a Turing-complete blockchain protocol that powers smart contracts and
decentralized applications. Tezos works a delegated proof-of-stake consensus
mechanism, whereby stakeholders of tezzies vote on changes made to the protocol.
This on-chain governance mechanism is intended to cut down the risk of contentious
hard forks and chain splits. Delegates on the network are needed to stake a minimum
of 10,000 tezzies and are randomly chosen to sign and publish new blocks for a cycle
of 4,096 blocks (roughly three days).

3. What makes Tezos different and a strong competitor to
Ethereum?
At present, Ethereum is a smart contracts platform built on top of a Proof of Work
(PoW) consensus blockchain. There are facing some negatives to this:
● Proof of Work (PoW) is more expensive
● Ethereum transactions per second (tps) is very slow with only 15 tps
● Smart contracts cannot be formally verified
● Smart contracts are built in Solidity and don’t lend themselves to formal
verification
● Primary changes to the blockchain are handled through hard forking, which can
lead to huge problems in the community and disrupt the network effects that are
formed over time.

4. Ethereum vs Tezos:
Proof of Stake (PoS): Unlike Ethereum, Tezos uses PoS where holders provide the
necessary computational resources to keep the network running. This is low cost
related to PoW and unlike other PoS protocols, any stakeholder can strive in the
consensus process and be rewarded for contributing to the security and stability of
the network.
Delegation: A security deposit is needed to participate in the consensus process. The
consensus process builds on an honest majority for its security and thus will penalize
any dishonest participants to the point of losing their deposit. But, will be rewarding
to honest behavior.

5. Ethereum vs Tezos:
Tezos, on the other hand, implements many features that establish unity and validity
across the network driving incentives to hold Tezos (XTZ).
Including:
Self-amendment: Allowing the network to upgrade itself over time without having to
hard fork and cause a divide in the community, alter stakeholder incentives and disrupt
the network effects that are formed over time.
On-Chain governance: Where stakeholders in Tezos can participate in the governing
protocol, Enabling for a formal and systematic procedure for stakeholders to reach
agreement on proposed protocol amendments.

6. Ethereum Vs Tezos:
Decentralized Innovation: Proposed amendments to the protocol by stakeholders will
include payments to groups or single person to improve the protocol, help innovation
and decentralizing the maintenance of the network.
Smart contracts & Formal verification: Tezos provides a platform to create smart
contracts and build Dapps that cannot be censored or shut down. Unlike Ethereum,
Tezos help formal verification to prove the validity of smart contracts.

7. Why Tezos is No:1 in Dapp & Smart Contract
Development?
● Self-amending cryptographic ledger
● On-chain governance
● Facilitates Formal Verification
● Performance (High TPS)
● High Scalability
● High-performance Storage
● Delegated Proof of Stake & more...

8. Huge ROI for Finance & Education - Tezos
Tezos focused industries are Finance & Education by developing the dapp with high-
quality stable features it makes better and user-friendly. Also, Tezos most probably
gives business entrepreneur fair results. Which giving winning results for finance and
education, users will be screwed up to use more and get a lot more rewards too.

9. How To Build Dapp on Tezos
Blockchain?
Do you want to know how build your own dapp on tezos
blockchain network? Take a look here!

10. Tezos Dapp Development
Having massive experience and technical skills on Blockchain & Dapp
Development, Developcoins has become expertise on Tezos Network, since
its launch. We have huge resource and energy to develop Tezos DApps as per
our worldwide customer’s requirement and our dedicated dapp developers
are skilled at completing the project within the specified time.
Get complete Tezos Dapp Development Services & Solutions from the
blockchain experts!

11. Thank You
www.developcoins.com