Tezos recently agreed to settle the USD 25 million lawsuits imposed on it by several early investors.  Thus, establishing trust among their investors.  It was expected that this move would initiate a rally.  This indeed triggered a rally.

Sydney Ifergan, the Crypto Expert, tweeted:  “Tezos are settling on the most expensive legal distraction for the benefit of the platform.  The foundation has continued to maintain that they did not do anything wrong about key development goals.”

The Tezos now have a clearer road ahead. 

The foundation clearly expressed in their website that they are settling the claims as they believed in the best interest of the Tezos project and the community as a whole. 

Tezos (XTZ) reinstates that the lawsuits were meritless.   Tezos do not agree to any kind of wrongdoing.  Tezos preferred the one-time financial cost of settlement versus the distractions and the legal costs related to continuing to fight in the courts.

Tezos delegators were recently advised to check if their baking service is in the list of inactive services.  If it were, they were asked to change their delegation ASAP.

Tezos (XTZ) Development and Testing

Development and Testing are the most important component of smart contract development and testing.  Smartpy is designed from day one with an inbuilt unit testing with the capability to construct scenarios.

The range of scenarios in which Smartpy can be used includes registering and displaying contracts, registering and displaying calls to entry points, adding document information, computing expressions, and checking assertions.

Smartpy and smartpy.io are intuitive and effective smart contract language and platform for Tezos.    The release of smartpy coincided with the Carthage activation on the Tezos mainnet.  The smartpy basic is a simple CLI to build Tezos smart contract in Python.

Several investors have the funds to start Tezos (XTZ); however, they do not know coding. They are looking to get some help to get started as a baker.  Competent members from the ledger are willing to help someone get started.  A good way is to join the Tezos baking chat in SlackHQ app.`

Staking rewards from Tezos (XTZ) adds up over time.  To get started, one should read through the Tezos Staking Guide and calculator.  The Tezos Staking Atomic Wallet Guide will help getting started.

To get started, it is important to understand the Tezos nodes, reliability rating among public Tezos Bakers, Support of non-public Tezos bakers, bakers reliability index, which features ten key indicators, mobile application, personal account for bakers and delegators, and Tezos rewards calculators.