New Smart Contract Platform attracting attention

New Smart Contract Platform attracting attention

Tim Draper, bitcoin billionaire is participating in an initial coin offering for Tezos a new Blockchain platform part of Dynamic Ledger Solutions. The platform created by Wall Street husband and wife team believe that can solve bitcoin’s governance problem. The ICO was launched in May 22. Tezos allows automated upgrades in a decentralized manner , potentially solving a problem with governance experienced in systems like Bitcoin. The owners say their blockchain is the first to code these specifications into their design. Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth,” states the website. “It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.

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