What does Tezos run on?

Like Bitcoin and Ethereum, Tezos is a decentralized ledger that makes use of blockchain technology . Like Ethereum, Tezos is designed to make use of smart contracts. The term “Tezos” is ancient Greek for “smart contract,” according to the developers.

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Can Tezos compete with Ethereum?

As mentioned in the introduction, Tezos is comparable to smart contract platforms, such as Cardano (ADA) or Ethereum (ETH) . However, Tezos was designed to circumvent some fundamental problems of existing platforms by taking a new approach. For example, Tezos allows development to proceed entirely without hard forks.

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