Tezos is picking up momentum as it nears mainnet launch
Tezos is almost ready for launch
For those who can remember, Tezos is a competitor smart contract platform to EOS, Ethereum, Neo, Cardano and others. The benefit of Tezos is that it has a self amending capacity. This self amending capacity is something EOS may not have, something Ethereum definitely does not have, and is at this time cutting edge. This self amending capacity will allow Tezos to adopt the latest and best features from the industry without great struggle or technical debt.
The additional feature of Tezos is that it will be using a unique much more secure programming language for smart contracts. This safety first design of their language Michelson can help to avoid some of the embarrassing and ugly bugs which allowed for instance TheDAO. Industrial software requires formal verification because we want to be able to limit the probabilities of certain "states". If we think of any software as having a finite number of states, then by using formal verification we can prove mathematically speaking that a specific undesirable state is not allowed to happen by design of the formal specification.
See the latest Tezos development update for more details:
Overall in my opinion Tezos has potential to be competitor. In addition Tezos is launching as Proof of Stake while Ethereum is still slowly trying to convert to Proof of Stake. None of this is investment advice and at looking at Tezos from an investment perspective I would look at the Gini coefficient to see if there is a high chance it will be dumped by whales in the next 6 months, but then the fact that it is Proof of Stake could reduce this. The demand in my opinion will depend on how much developer support they can get using their new language Michelson and most important of all in my opinion will be how good their libraries and development tools are. If the Tezos team puts a lot of effort on creating robust secure standard libraries then Tezos will become increasingly popular to developers, but I think EOS is at this moment in time creating a lead in that area.
Couldn't watch the video due to poor network at my location.
Tezos seem great from your detailed points and brief analysis.
Wondering if the Proof of Stake id responsible for the drastic drop in Ethereum.
Which exchanges could likely feature tezos if launched?
I would say Tezos is on par with Cardano and Neo. It's not necessarily ideal tech in my opinion but it's still a step up from Ethereum. In essence they want to correct the mistakes of Ethereum before Ethereum can try to correct it's own mistakes.
I think Trezos is standing against tough competitors who have already made themselves well known to the market. EOS at the moment seems to be leading among others listed and Trezos at the moment seems to be going backwards. Despite, its improvements, i don't see people giving it a lot of attention unless the team will really to put all hours into work.