how tezos is different
tezos governance protocols distinguish it from bitcoin as well as ethereum which lack formal governance systems and its insistence that the blockchain can t be forked also stands out among cryptocurrencies the provision adjusting active stakes for the creation of new tokens is also unusual and is meant to encourage participation 17additionally tezos backers say its proof of stakes model for blockchain validation consumes less energy than bitcoin mining 19cryptocurrencies are highly speculative and their prices are extremely volatile exercise due diligence and never risk more than you can afford to lose the future of tezosit remains to be seen whether tezos inflation mechanism can really protect stakeholders over the long run by issuing them additional tokens the network s governance protocols and protections against blockchain forks do provide some advantages tezos technology was used in a recent experiment by european central banks exploring the feasibility of launching a digital euro a central bank digital currency 2021tezos has also attracted one of the nft platform backed by music producer quincy jones 22other use cases including cryptocurrency yield farming dependent on rising crypto valuations and buoyant financial markets may prove less resilient over time the comments opinions and analyses expressed on investopedia are for informational purposes online read our warranty and liability disclaimer for more info 