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Author: Admin | 2025-04-28
Used by a host of decentralized applications on many different blockchains. This includes major projects such as Aave, Synthetic, Compound, Ethereum Name Service, and Trader Joe.The Chainlink network is currently transitioning towards its Economics 2.0 phase, which includes LINK staking, as well as the BUILD and SCALE programs that are designed to grow the Chainlink ecosystem and make the network more accessible for developers. With this in mind, it’s easy to see that Chainlink has some serious potential over the long term. The Chainlink network can also be utilized for proof of reserves, which is becoming extremely relevant in the cryptocurrency industry after the FTX exchange was revealed to be secretly insolvent, losing billions of dollars worth of customer funds.Buy Chainlink Now9. Tezos – A decentralized smart contracts platform with on-chain governanceTezos (XTZ) is a Proof-of-Stake blockchain platform with smart contracts functionality. One of the defining features of Tezos is its on-chain governance process, which allows the community of validators to propose and approve upgrades to the Tezos blockchain. A very interesting aspect of Tezos is that the network does not need to undergo a hard fork in order to implement upgrades.The Tezos blockchain supports a smart contracts language called Michelson. Developers can also access tools that enable Tezos smart contract development in the far more popular programming languages Python and Go. The Tezos mainnet was launched in September 2018. The project conducted one of the most successful ICOs of all time, raising approximately $232 million. The project received some negative press in its early days due to a dispute between former Tezos Foundation president Johann Gevers on one side and Tezos founders Kathleen Breitman and Arthur Breitman on the other side. However, the dispute has since been settled in court and Tezos has established itself as a well-respected project in the crypto community. Why is Tezos a good crypto to buy for the long term?Tezos has found traction within the art community and established itself as a popular platform for NFTs. The blockchain of course also supports other cases, such as decentralized finance, but adoption has been slower on that side.We can also expect Tezos to be able to adopt new technologies rapidly thanks to its on-chain governance mechanism. As of September 2023, the Tezos blockchain has already received 14 major network upgrades, helping it stay up to date with cutting-edge developments.Tezos will be interesting to follow in the
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