01.
What is on-chain governance in Tezos?On-chain governance in Tezos allows all stakeholders to participate in the decision-making process for protocol upgrades, providing a transparent and democratic approach to governance.
02.
How does Tezos ensure security in smart contract development?Tezos employs formal verification, which is a mathematical proof technique used to ensure the correctness of smart contracts and other programs on the network. This enhances security and reduces the likelihood of bugs and vulnerabilities.Creation of a smart contractDevelopment of the application's front-endTesting the applicationDeployment of the application onto the Algorand blockchain
03.
What programming language is used for Tezos smart contract development?Tezos smart contracts are coded using the Michelson programming language, which is a stack-based language specifically designed for the Tezos blockchain network.
04.
Can I develop my own custom Tezos wallet?Yes, with the help of a Tezos blockchain development team, you can develop a custom Tezos wallet that caters to your specific business needs.
Decentralized Finance (DeFi)
Non-Fungible Tokens (NFTs)
Gaming
Social Networks
Supply Chain Management
05.
Is Tezos suitable for developing decentralized exchanges (DEX)?Yes, Tezos is suitable for developing DEX applications due to its inherent support for decentralized exchange. Tezos blockchain developers can build robust and scalable DEX applications on the network.
One of the primary reasons for this is that Polygon's Layer 2 scaling solution reduces the cost of transactions on the blockchain. Compared to Ethereum's high gas fees, Polygon's transaction fees are significantly lower, which makes it more cost-effective for developers to build and deploy applications on the platform.
Additionally, Polygon offers a range of development tools, such as Polygon.js and Polygon Truffle Box, which can help to reduce development costs and speed up the development process.
Auditing
Code analysis performed by the quality team eradicates bugs from the ground level.
Penetration Testing
Finding hidden/node vulnerabilities has become easier than ever with penetration testing. It is generally accompanied by API testing also by identifying new attack paths.
Private Keys and End-to-end encryption
We develop private keys-based solutions, thereby preventing unauthorized access to the wallet. A private key is a 12-word-mnemonic phrase that can be used to access and retrieve the wallet's content. Also, every transaction performed on the wallet is secured via end-to-end encryption.
06.
What tools and technologies are used in Tezos blockchain development?Tezos blockchain development employs a range of tools and technologies, including Tezos APIs, SDKs, and tools such as Taquito, Conseil, Morley, TezosKit, PyTezos, and TezosJ. Other programming languages and development tools may also be used, depending on the specific requirements of the project.
One of the primary reasons for this is that Polygon's Layer 2 scaling solution reduces the cost of transactions on the blockchain. Compared to Ethereum's high gas fees, Polygon's transaction fees are significantly lower, which makes it more cost-effective for developers to build and deploy applications on the platform.
Additionally, Polygon offers a range of development tools, such as Polygon.js and Polygon Truffle Box, which can help to reduce development costs and speed up the development process.
Auditing
Code analysis performed by the quality team eradicates bugs from the ground level.
Penetration Testing
Finding hidden/node vulnerabilities has become easier than ever with penetration testing. It is generally accompanied by API testing also by identifying new attack paths.
Private Keys and End-to-end encryption
We develop private keys-based solutions, thereby preventing unauthorized access to the wallet. A private key is a 12-word-mnemonic phrase that can be used to access and retrieve the wallet's content. Also, every transaction performed on the wallet is secured via end-to-end encryption.