FAQ

We don't need your private data, and will never ask for it. More specifically, we do not need and will not ask for: private key, seed words, email, password.

No, we don't need your private keys. We do not need your private data, and we will never ask for it. More precisely, we do not need and will not ask for: private key, seed words, email, password. Never share your private data with us or with anyone else.

We are aware of scammers using our name to phish private data. Do not share your private data, and please report us any phishing attempt.

The KYC-Tezos codebase is public on Gitlab, and we already forked it. Arthur Breitman promised that the KYC-Tezos codebase will be released under the MIT license immediately after launch. Should we decide to launch earlier than them, or should KYC-Tezos not release code under the MIT license, we'll then choose one of the options we have to release TzLibre independently. One of the options is to release a patch to their public codebase: a TzLibre user would therefore download the public KYC-Tezos codebase from Gitlab, and then locally apply the TzLibre patch.

We forked the public KYC-Tezos repo.

We recently created a PR to fix the broken KYC-Tezos fundraiser tools. Please follow us on Github to get updates as we gradually release more code to the public.

Not necessarily. The TZL pre-launch token, like the EOS pre-launch token, is a placeholder for the TzLibre genesis.

We need to be totally independent from KYC-Tezos genesis mainly for two reasons: unknown launch date and blinded genesis. Since Tezos contribution data is available on the public BTC and ETH blockchains we don't really need to depend upon their genesis block in the first place.

No. TzLibre has a different tx format.

We're currently self-funded.

We will fund further development with donations. We expect most donations to come from Tezos Stiftung.

Tezos Stiftung must follow Swiss law and abide to its immutable charter by supporting development of the Tezos idea. We understand that while Tezos is an idea, KYC-Tezos and TzLibre are two different implementations of it. Should Tezos Stiftung choose not to abide to its charter, any Swiss contributor might then bring the case toward a Swiss judge. To increase legal leverage for our case, coin splitting will involve cryptographically signing a pseudonymous, authentic, non-repudiable request to Tezos Stiftung to fund TzLibre.

No. Tezos Stiftung will have to support the development of TzLibre by independent developers, not necessarily us. Funding should follow the principles of maximum fairness, transparency and merit. TS could, for example, set up public bounties for specific TzLibre development goals.

TzLibre introduces substantial changes over KYC-Tezos, and thus needs substantial work. It's also critical to create Libre-aware versions of all KYC-Tezos products.

Yes. The Aragon Foundation, for example, has announced support for competing teams.

No, quite the opposite. Right now DLS holds a de-facto monopoly on the TS funds. By forcing TS to also support a competing implementation, we introduce healthy free market competition. This will help TS to allocate funds more efficiently.

A silent majority of the KYC-Tezos community is interested in TzLibre. We received support from numerous members and developers of KYC-Tezos products in private. They are still afraid to go public about their interest and support.

We are currently talking with the developers of some of the major KYC-Tezos wallets in order to plan a Libre version of their product.

We'll use incoming donations to set up a bounty campaign. Bounties will fund the release of a Libre version for all major KYC-Tezos products, such as open-source wallets. For most products the required work will be minimal, and can be completed in a matter weeks. Please contacts us to suggest a product you'd like to support TzLibre.

After launch, growth will mainly be driven by bakers, developers and investors moving from KYC-Tezos to TzLibre.

At least 20% of TZL coins will be allotted to reward bakers. If less than 100% of Tezos ICO contributors redeem their TZL, we plan to increase bakers rewards with unredeemed coins. We predict that baking on TzLibre will be more profitable than baking on KYC-Tezos. We forecast bakers ROI, in the first 3-5 years, could be between 10%/y and 20%/y, compared to KYC-Tezos ~5%/y.

TzLibre was announced in February 2018, while KYC-Tezos was announced in August 2014. TzLibre is a much younger project and we therefore expect, ceteris paribus, the price of TZL coins to be lower than XTZ coins for the first 1-2 years. The underlying technology of the two blockchains is the same: both blockchains can execute Michelson smart contracts. At the same time TzLibre exhibits stronger security features. We therefore expect developers to deploy contracts on TzLibre rather than on KYC-Tezos in order to build on a safer platform at a fraction of the cost.

Both TzLibre and KYC-Tezos share the same underlying technology and its technological risk. While the investment downside is therefore comparable, the upside of the two is widely different. Additionally, TZL is a better store of value than XTZ thanks to its hardcoded, non-negotiable hard cap and the lack of premined coins.

We are pseudonymous to protect the independence of TzLibre. No one shall ever influence TzLibre developers. We believe state sanctioned identities belong to the fiat world, not to the blockchain one. Like Satoshi Nakamoto, we believe in permissionless, open, pseudonymous innovation.

You should not. We believe in the original blockchain ethos: "don't trust, verify". We are aware that TzLibre is not for everyone. If you're looking for trusted third parties TzLibre is not for you.

We have a small yet highly skilled team of blockchain veterans and functional programming experts.

No, quite the opposite. We are Tezos contributors, and we are set to explore a different path toward success, putting ICO contributors interest first. This is our way to hedge our bets and to stop being dependent upon DLS. As with ETH and ETC, we see KYC-Tezos and TzLibre as complementary. Last but not least, we are putting healthy pressure on DLS to improve, making sure they don't sit on their monopoly. We're giving them a run for their money.

We launched TzLibre for idealistic as well as financial reasons. As anarcho-capitalists we find the two deeply connected. Tezos is an idea and it should be implemented by multiple, competing teams. Many contributors are extremely dissatisfied with DLS execution. We believe DLS is not only executing poorly, but also totally violating the original blockchain ethos. We are Tezos contributors ourselves: we're also aiming to double our stake and hedge our bets between XTZ and TZL. Last but not least, we are putting healthy pressure on DLS to improve, making sure they don't sit on their monopoly. We're giving them a run for their money.

After being attacked by trolls we were forced to make our subreddit private. We now communicate officially only via our public Telegram channel.

You can direct message us on Telegram or Reddit. We're currently setting up additional channels for secure communication.

We published our Manifesto on February 23rd 2018. Since then we've been totally censored on every Tezos channel (Reddit, Telegram, Riot). Sadly, trolls also use those outlets to spread FUD about the upcoming fork.

We believe KYC-Tezos is building on wrong assumptions. It'd be extremely hard for a trusted chain to "become trustless". We can't see how that might happen, and we're fed up with DLS delays. We believe it's smarter, faster and more efficient to fork and start from scratch. Nevertheless, we'd love to see a Libre-like proposal to KYC-Tezos: veto power removed, premined coins to DLS and TF destroyed, money supply capped. We'd love to see that happen, but we find it very unlikely.

Yes. Contributors can directly benefit from the fork, as they can double their stake and hedge their bets. Both KYC-Tezos and TzLibre work toward the same goal: implementing a decentralized, self-governing, digital commonwealth. Last but not least, we are putting healthy pressure on DLS to improve, making sure they don't sit on their monopoly. We're giving them a run for their money.

The TZL pre-launch token has been deployed as an ERC20 token on the Ethereum network. The contract address is 0x6b91bc206eed0a8474f071339d1fd7ed7156f856.