Tezos Commons :: Celebrating 10 Years of Tezos: A Journey from Vision to Reality
September 3, 2024Reflecting on a decade of innovation, resilience, and the future ahead.
It’s hard to believe it’s been a whole decade since the Tezos whitepaper was released on September 2, 2014. Let that sink in — ten years! Back then, blockchain was still a wild frontier, Bitcoin was the king of the hill and the crypto world was still finding its footing. And then, along came Tezos with a vision that was both bold and revolutionary: a self-amending Proof of Stake (PoS) blockchain that could evolve and upgrade without the need for forks. It was a game-changer, and here we are, ten years later, looking back at the journey that’s been nothing short of incredible.
The Beginning: A Visionary Whitepaper
Let’s rewind to 2014. Some of you who were around back then might remember the first time you heard about Tezos. It wasn’t just another blockchain project. The Tezos whitepaper, written by “L. M. Goodman” (a pseudonym used by the cofounder of Tezos, Arthur Breitman), introduced everyone to something truly groundbreaking: a blockchain that could actually improve itself over time through on-chain governance.
Security was front and center, eliminating swaths of bugs and exploits possible in other designs, and facilitating formal verification. And instead of following the crowd, Tezos opted for a Proof of Stake consensus algorithm, setting it apart from the rest and solving the scalability problems introduced by Proof of Work.
All of the above, and especially the concept of on-chain governance, was a game-changer, particularly for those who had witnessed the chaos caused by hard forks in other projects. Tezos promised a future where the network could be upgraded smoothly and collaboratively without tearing the community apart.
Tezos didn’t just talk the talk; it walked the walk. The project’s fundraiser in 2017 raised over $232 million, making it one of the largest at the time. It was clear that the crypto world was ready for what Tezos had to offer.
The Early Days: Challenges and Triumphs
The phrase “when lunch” originated as a typo for “launch” that someone made early on. It quickly became a popular meme within the community while everyone was eagerly waiting for the mainnet.
The road wasn’t always smooth. Tezos faced its fair share of challenges in the early days, from internal disputes to delays in launching the mainnet. But through it all, the community stayed strong, united by the belief in what Tezos could become. That resilience paid off when the Tezos mainnet finally launched in 2018, marking the beginning of a new era for the project.
Those first few months? The excitement was clear. Tezos had finally come to life, and it was everything people hoped it would be. The on-chain governance mechanism was working, the self-amendment process was proving its worth, liquid staking was out of this world, and the community was buzzing with the possibilities of what could be built on Tezos.
A Decade of Innovation
Fast forward to today, and it’s amazing to see how far Tezos has come. The self-amending feature? Yeah, it works. Since its launch, we’ve seen 16 major protocol upgrades (on the way to the 17th) — no forks, just smooth, seamless improvements. Each upgrade has brought something new to the table, making the network stronger, faster, and more versatile.
From boosting security and reducing block times to rolling out cutting-edge features and technologies — or even overhauling the entire consensus algorithm — Tezos has done it all. And the best part? Every single change was voted on and decided by the community through its awesome on-chain governance feature. Heck, even the on-chain governance itself has been upgraded and improved over time, all thanks to the collective power of the community.
Tezos didn’t just keep pace with the ever-changing crypto landscape; it often set the pace. Its focus on security, upgradability, and decentralized governance has made it a favorite among developers, artists, and innovators. Whether it’s NFTs, DAOs, or scalability, Tezos has found itself at the heart of some of the most exciting developments in the blockchain space.
The Community: The Heart and Soul of Tezos
But what really makes Tezos special? It’s the community. Over the past decade, we’ve seen the Tezos community grow from a small group of passionate believers to a global network of developers, validators, and enthusiasts. This community has been the driving force behind Tezos’ success, contributing code, running nodes, and spreading the word about the project’s potential.
It’s been amazing to watch how the Tezos community has come together to support each other, from organizing meetups and events to launching innovative projects on the blockchain. The sense of camaraderie and shared purpose is something you don’t see in every crypto project, and it’s what keeps people coming back to Tezos year after year.
Looking Ahead: The Next Ten Years
As we celebrate the ten-year anniversary of the Tezos whitepaper, it’s not just about looking back — it’s about looking forward. The last decade has been incredible, but the next ten years hold even more promise. With continued upgrades, the roadmap to Tezos X, and an ever-growing community, the future of Tezos looks brighter than ever.
So here’s to ten years of innovation, resilience, and community. Here’s to the visionaries who started it all and to the countless contributors who’ve helped bring that vision to life. And most of all, here’s to the future of Tezos — a future that’s bound to be as exciting and groundbreaking as the journey that’s brought us here, and even more.
Happy anniversary, Tezos. We can’t wait to see what’s next!
Celebrating 10 Years of Tezos: A Journey from Vision to Reality was originally published in Tezos Commons on Medium, where people are continuing the conversation by highlighting and responding to this story.
