On this week’s Searching for Mana Lloyd Wahed, CEO of Mana Search met with Arthur and Kathleen Breitman of the Tezos Foundation to discuss the development of the Tezos ecosystem and how it uses creativity, collaboration and a degree of democratisation to evolve this open-source platform.
They see themselves very much as matchmakers and facilitators, bringing together developers with problems who will contribute to the ecosystem and profit from it. There are a couple of hundred developers in the ecosystem all over the world who know that they can make proposals with a high chance of making a difference for the good of all participants. Along the way, they can take advantage of low fees and high capacity on the chain and know that the Tezos Proof-of-Stake methodology is eco-friendly compared to Proof-of-Work models.
The platform is built on mechanisms that ensure active community governance and participation. There is no CEO or hierarchy and making a proposal that turns into action requires an 80% majority, a level they feel is a clear mandate but with a healthy respect for the minority.
This is a platform to facilitate transactions, they are not obsessed by being an alternative to banking, but they are obsessed with solving problems and empowering creators and connecting them up with others who also want to solve a problem. Tezos facilitates the facilitators, providing the infrastructure to help problem solvers be successful. Tezos suits the smart and the curious, those who work off first principles and take nothing for granted, to some degree it’s a social technology driving a blockchain.