How is Tezos different than Ethereum?

Tezos is launching with a pure proof-of-stake consensus protocol while Ethereum relies on proof-of-work . While Ethereum does plan to move to proof-of-stake, the two algorithms are qualitatively different. Ethereum’s proposed proof-of-stake algorithm relies on a set of bonded validators to create blocks.

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What can Tezos do?

Tezos is a decentralized open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts . The native cryptocurrency for the Tezos blockchain is the tez which has the symbol XTZ.

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How long does a Tezos transaction take?

Kraken’s confirmations requirements 0x (ZRX)20 confirmations5 minutesTether USD (USDT) TRC-2020 confirmations2 minutesTezos (XTZ)30 confirmations15 minutesThe Graph (GRT)20 confirmations5 minutesThe Sandbox (SAND)20 confirmations5 minutesCryptocurrency deposit processing times – Kraken Support support.kraken.com › en-us › articles › 203325283-Cryptocurrency-deposi…

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