Tezos is a decentralized, self-amending platform for creating decentralized applications (dApps). It works similarly to Ethereum in that it supports dApps built via smart contracts. However, Tezos has its own unique strengths and features. The blockchain platform is most notable for its on-chain governance, which enables holders of its native XTZ token to vote on the network’s future direction.
Tezos has had one of the most successful ICOs in blockchain history. However, the platform was hit with a string of controversies that affected its early pace. But there’s been a recent curiosity about Tezos. So, we offer this Tezos beginner’s guide to answer some of the most popular questions about the platform.
If you haven’t read the first part, here’s the link to it. In this second part, we’ll look at how to use Tezos explorers as well as how to bridge Tezos.
2022 was a difficult year to say the least.
Despite the unfavorable conditions, @tezos accomplished several notable achievements:
– 4 forkless upgrades
– 115% increase in annual NFT sales (XTZ)
– all-time high TVL (XTZ)
– overall network usage increase pic.twitter.com/3D3tkyDxSo
— Nick Garcia⏳ (@NickDGarcia) January 19, 2023
Tezos Domain Name
Blockchain domain names have become fashionable in the industry, and Tezos isn’t left out of the trend. Blockchain domains often have extensions such as .bitcoin, .nft, .crypto, and .eth.
So, Tezos Domains will allow users to associate domain names like alice.tez with addresses like tz1VBLpuDKMoJuHRLZ4HrCgRuiLpEr7zZx2E.
You can currently associate the following with your domain:
- Physical address
- Your Tezos address
What Is Tezos Domains, and Do You Need a .tez Address?https://t.co/romIvbbLy8
A great resource about @tezosdomains by @TezosUkraine 👏 https://t.co/1stZxrmJfp
— Tezos Domains (@tezosdomains) January 11, 2023
Top Tezos Explorers
A blockchain explorer is a software for displaying transactions, blocks, and blockchain network metrics. These metrics include average transaction fees, block difficulty, hash rates, block size, etc.
There are a couple of explorers you can easily use to get information on Tezos.
- Bitquery: This is a web application that offers analytics services to about 40 blockchains. Bitquery Explorer can aggregate data to aid complex analysis.
To use this platform, select Tezos from the list of supported platforms.
2. TzStats: You can use this platform to view statistics and other details on the Tezos blockchain. Thousands of developers use this platform to check the state of their deployed smart contracts.
How to Bridge to Tezos
There are several ways to safely bridge assets on-chain from networks like Ethereum to Tezos. However, the Allbridge cross-chain DEX is an option for this. Allbridge enables users to move assets from Ethereum, BNB Chain, Avalanche, etc. directly to Tezos.
The steps are pretty basic and easy. Here they are:
- Go to the Allbridge site and connect your wallet.
- Select the blockchain you want to bridge from (e.g., Avalanche or Ethereum) and Tezos as your destination bridge.
- Select the asset you want to move between chains.
- Type in the Tezos wallet address receiving the assets.
- Finalize the process. You’ll have to wait for about 10 minutes for your assets to arrive in your Tezos wallet.
In conclusion, Tezos remains a noteworthy blockchain. If you are a developer, then Tezos has the right tools to build decentralized products. It also has room for NFT projects. Tezos also offers a unique value proposition in terms of its governance. All these factors explain the revived interest in the platform.
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