Developing and deploying Tezos smart contracts

Tezos is one of the earliest smart contract blockchains, offering a more scalable and cost-effective alternative to Ethereum due to its lower fees and faster transactions. The guide provides a comprehensive walkthrough on developing and deploying smart contracts on the Tezos blockchain using SmartPy CLI, a tool that allows developers to write smart contracts in Python, which are then compiled to Michelson, the low-level language used by Tezos. It contrasts Tezos with Ethereum by highlighting differences in governance, transaction validation, and scalability. The guide covers setting up the necessary tools like tezos-client, developing and testing a sample smart contract, and deploying it on the Jakartanet testnet, emphasizing the importance of testing to avoid costly errors. It also details how to interact with deployed smart contracts and explains the architecture of Tezos contracts, which consist of storage and logic components. Throughout, the guide underscores the benefits of Tezos' adaptive governance and formal verification, making it an appealing platform for decentralized applications and smart contracts.