CRYPTO 101

Ep. 685 Exploring Tezos: The Future of Blockchain Governance

11 snips
Oct 21, 2025
Guest
Arthur Breitman
Arthur Breitman, co-founder of Tezos and a blockchain pioneer with a background in finance, delves into the unique governance model of Tezos. He contrasts on-chain governance with Bitcoin's approach and discusses Tezos' stability and upgrades, including insights from the recent 'Sol' upgrade. The conversation also explores blockchain's role in energy markets and how Tezos stands apart from Ethereum and Solana. Arthur offers a glimpse into the future of TezosX and the wider cryptocurrency landscape, emphasizing the impact of interest rates on market cycles.
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INSIGHT

Built-In Governance Prevents Ossification

  • Tezos was designed with on-chain governance to enable evolution without hard forks and preserve decentralization.
  • It combined proof-of-stake with slashing and an advanced smart-contract language to be future-proof from launch.
INSIGHT

Explicit Governance Beats Hidden Control

  • Governance always exists; making it explicit avoids hidden centralized power structures.
  • Absent formal governance, informal influence concentrates power despite appearance of choice.
INSIGHT

Blockchains Are Ownership Networks

  • Blockchains fit ownership networks and double-spend problems; not every use case needs a blockchain.
  • Tokenization and global interoperable financial fabrics sit in a pragmatic middle ground of fit.
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