Is Tezos built on ethereum?

Tezos’ maximum and circulating supply count is a bit under 762 million XTZ tokens. The current system introduces around 80 XTZ tokens per block (every minute), which translates to a per-annum inflation of around 5.51%.

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.

Tezos = Upgraded ETH . Just for its initial coin offering, they are sticking with ETH blockchain. They will have their own blockchain soon. Unlike ETH, there will be no fork in Tezos platform in future.