Explore the Tezos Ecosystem

Steakwallet allows you to dive deep into the world of Tezos...

Last updated on February 16, 2022

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Steakwallet allows you to dive deep into the world of Tezos. The Tezos Explore center is your window into the Tezos ecosystem – it's the place where you can interact with your favorite dApps, explore new opportunities, and check in on the latest, as we showcase the hottest projects and alternative opportunities across the Tezos network.

 

Tezos is an open-source platform for assets and applications that can evolve by upgrading itself. Stakeholders govern upgrades to the core protocol, including upgrades to the amendment process itself. Self-amendment allows Tezos to upgrade itself without having to split (“fork”) the network into two different blockchains. This is important as the suggestion or expectation of a fork can divide the community, alter stakeholder incentives, and disrupt the network effects that are formed over time. Because of self-amendment, coordination, and execution costs for protocol upgrades are reduced and future innovations can be seamlessly implemented.

 

In Tezos, all stakeholders can participate in protocol governance. The election cycle provides a formal and systematic procedure for stakeholders to reach agreement on proposed protocol amendments. By combining this on-chain mechanism with self-amendment, Tezos can change this initial election process to adopt better governance mechanisms when they are discovered. Proof-of-Stake (PoS) is the mechanism by which the various participants in Tezos reach consensus on the state of the blockchain. Unlike other PoS protocols, any stakeholder can participate in the consensus process in Tezos and be rewarded by the protocol itself for contributing to the security and stability of the network. Additionally, PoS is less costly than other consensus mechanisms and lowers the barriers to entry for involvement. You can read more about Tezos through its whitepaper here.

 

FAQs

How do you send Tezos tokens into Steakwallet?

Steakwallet supports the management of Tezos tokens. To send assets into your Steakwallet, navigate to the home screen and click on the asset you want to send. Please note, if the token you want to manage is not yet on your home screen, you must manually add it by [INSTRUCTIONS]. Once you select the token and are taken to that token screen, click Receive to access your wallet address. Next, select Copy address, or alternatively use the QR code to scan your wallet address, and send your tokens over from an exchange, another wallet, or wherever they are held. Congratulations, you're now using the best mobile wallet to manage your tokens! 🤝

How do you send Tezos tokens out of Steakwallet?

If you need to send assets out of Steakwallet, navigate to that token screen and click on Send. Input the amount you would like to send (you can view the amount either in the native asset or in your preferred fiat currency) and select Next. If the transfer is subject to fees, note the network fee and total balance of the transaction. Next, input the Recipient address.

Please make sure that you are sending the funds to the correct wallet address. If you mistakingly send your funds to the wrong address or to a different network, you may lose all amounts sent.

Input a Memo if need be or you so desire, and then click Next. You'll be taken to a final confirmation screen and presented with an overview of the transaction. If all of the information looks correct, hit Send. That's it!

 

Check out what’s new in the world of Tezos on Steakwallet

 

Support

If you have need support or have questions for us, you can reach out to support@steakwallet.fi or join our Discord (and send a shout in our #support channel) to immediately connect with team members.

 

 
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