Tezos made a splash on July 1, 2017 as one of the most successful and promising ICOs to have taken place. They raised $232 million, which made this one of the largest ICOs ever.
However, since then they were plagued with delays and other legal issues which kept them quiet for a while. Now the sleeping giant has awoken with some momentous moves that are shaking the world of cryptos and the blockchain.
Source: coinarketcap.com
POS vs POW
It is their Proof of Stake (POS) mechanism which allowed Tezos to weather the prolonged bear market that saw other coins dropping out of the game like flies. XTZ price more than tripled during October 2019 to February 2020 and it reached an all time high. Once again in early 2020 Tezos began to draw attention and acclaim for its unique choice of build architecture.
Now in 2021, XTZ price has climbed an astonishing 236% and it shows no signs of slowing.
Tezos is best known for having built their model from the ground up with a POS consensus. Like Ethereum
Źródło: https://coingape.com/tezos-the-sleeping-crypto-giant-awakens/
