Blockchain

Story: Tezos (XTZ) Domains on Mainnet Catching Up

By James Thorp

1 / 11

Tezos, a pioneer of Proof of Stake and smart contracts, is recognized as the cheapest, most secure, and most environmentally responsible blockchain to build on for CBDCs, NFTs,…

2 / 11

Talking about the Tezos Domains on Mainnet.  The project on boarded many users who were interested in the initial auction period or eventually registered a domain later.

3 / 11

“Total of 8,029 second-level domains has been registered.  Of those, 2,483 have been auctioned. The rest was purchased after the auction period was over.

4 / 11

Revenue from the Tezos Domains and auctions is now accumulated in the registered smart contract.

5 / 11

Any fund transfer will need signatures from a majority key holders. To use these funds in the future, there are plans to set up an on-chain treasury, which will be governed by a…

6 / 11

Tezos Domains now support Temple and Kukai and therefore users can send funds to .tez domains.

7 / 11

“Air Gap and Galleon teams” have to state that their support is implemented and that it will be available soon.

8 / 11

Tezos will very soon publish a step-by-step guide about setting up decentralized website in the forth coming days.

9 / 11

Of note, Teztnets and Granada, are Tezos’ Seventh Protocol Upgrade Proposal.  Needless to say, the evolving nature of Tezos’ self-amendable protocol and fully established…

10 / 11

Granada focuses on key factors like reducing gas costs, improving Tezos finality, and the addition of liquidity baking.

11 / 11

Alongside Granada upgrade there will be the launch of Teztnets.xyz, which is a versatile platform to deploy Tezos testnets.

The Currency Analytics

Want the full story?