Tezbox is the first GUI wallet for Tezos since the ICO (Initial Coin Offering). Tezbox ico could be used if you have an ICO wallet to restore the wallet by entering the seed word and entering the hash. You can recover your ICO wallet.
Tezbox was the first wallet to store Tez after the ICO of the Tezos. It is user friendly and easy to understand as it uses a graphical interface to interact even a beginner could easily invest with the help of the Tezbox.
Before investing, we should know that how tezos are different from other cryptocurrencies, it is different as it does not depend on a mining system as BitCoin and Ethereum do. Tezos are also decentralized applications. Tezos does not use Proof-of-Work, but they use Proof-of-stake which make it even more special.
Tezos are different than other cryptocurrencies as it depends on a ‘Community Consideration’ protocol. If any holder of the token wants to change the protocol, he has to ask the majority to change their decision as it works on the democratic model. So every stakeholder opinion would be considered. This makes a significant difference between other cryptocurrencies and Tezos.
Now Let’s talk about Tezbox: –
Tezbox is one of the most reliable and reputable wallets for tezos. A wallet is essential to manage the cryptocurrencies. Tezbox ico can be used to recover the fundraiser wallet now let’s talk about features of Tezbox
- Open source: – Tezbox is an open-source wallet it’s code is free to the world anyone can check it out on GitHub. On the official website, they have provided the means to grab the code. And you can learn from it know how the wallet works. This provides reliability to customers.
- Security: – Tezbox is the most secure one as it stores your key on your device. Numerous security audits are done to know that everything is sound and great and LeastAuthority has also done their test
- Mobility: – You can access your wallet anywhere you want. It comes up with an app and web extension as well. You can access your account from multiple accounts at the same time.
- Developer: – You can use your Tezbox apps with your decentralized apps and can streamline payments these apps can be used in fields of gaming, finance, social media, etc. Tezbox provides the source on Github for free.
Tezos has not been around in the market. The ICO was in 2017 and released on 30 June 2018 by then many wallets introduced tezos in their apps, but Tezbox was the first one to do it as it was started for the tezos. You can use it for converting in other coins or transferring it. Tezbox ico can be used to convert the fundraiser wallet to coins. Tezbox is the most reliable option around in the market for tezos. It also provides on-chain governance, and it also offers the advantage of a proof-of-stake consensus algorithm. So, in a nutshell, if you want to invest in Tezos, do it through Tezbox.
