Ctez is a groundbreaking cryptocurrency project exploiting the innovative concept of synthetic tez. The primary aim of the Ctez project is to improve composability by backing synthetic tez with actual tez, posing as a substitute to the virtual baker. Ctez introduces a simplified solution to pooling tez in smart contracts by eliminating the complexities associated with determining the actual baker.
Functionality of Ctez
Ctez significantly enhances the efficiency and flexibility of pooling tez in smart contracts. By providing synthetic tez as a stand-in for actual tez, the project removes the requirement of identifying the baking entity. This fundamental change introduces a streamlined approach to implementing smart contracts, greatly enhancing their usability and accessibility.
Improved Composability
The core advantage of deploying Ctez in smart-contracts is the major boost in composability. This enhances the scalability of tez-based projects and improves their overall efficiency. By backing synthetic tez with actual tez, Ctez reduces the complexities commonly associated with pooling tez, providing a more seamless user experience.
Alternative to Virtual Baker
Ctez introduces an effective alternative to the traditional virtual baker. By removing the necessity for determining the “baker” when pooling tez, Ctez provides a more user-friendly approach that significantly minimizes the complexities of pooling tez in smart contracts. This alternative solution facilitates increased adoption of tez-based projects and promotes growth within the community.
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