The creators of Tezos are quite happy with the cryptocurrency’s nickname "Ethereum Killer". Like EOS, the token is based on the principle of delegated proof of stake. In other words, stakeholders can earn more Tezos rewards for creating and validating blocks on the blockchain.

The cryptocurrency offers a slightly faster and more secure environment than Ethereum. Its governance model also has the advantage of avoiding forks. Tezos has joined the top 10 and is currently one of the best performing tokens on the market.