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According to news, PricewaterhouseCoopers, one of the Big Four accounting firms, will conduct an external audit of the Tezos Foundation's finances and operations. The Tezos Foundation claims to be the "first major blockchain institution" audited by PwC.

The highlight of the public chain Tezos is the self-government technology on the chain. According to technological changes and community votes, the Tezos protocol can perform self-healing.

The project raised 65,627 bitcoins and 361,122 ethers through ICO in July, totaling about 232 million U.S. dollars (calculated at the currency price at the time), setting the highest ICO financing amount for the month.

But some scandals have made Tezos controversial.According to related news

, At the beginning of this year, the Breitman couple (the founders of Tezos) believed that Switzerland has a relatively loose financial regulatory mechanism, and decided to establish the Tezos Foundation in Zug, Switzerland, to manage the tokens raised by ICO, and help build communities and promote Tezos. The Breitmans believe that the Tezos Foundation will play a check and balance role in the early days of Tezos, thereby increasing the independence of DLS (the technology company founded by the Breitmans).

Johann Gervers has been voted by the committee to be the head of the Tezos Foundation. But the Breitmans later accused Johann Gervers of defrauding the committee by paying himself a large bonus.

Gevers said he had received email notifications from board members asking him to suspend his duties for a month while the investigation was under way, but he had no intention of stepping down from the position. Gevers also hit back at the Breitmans' allegations, slamming, "The Breitmans' allegations are full of lies. They have pushed the project to the brink!"

After that, Gevers stepped down, and the Tezos Foundation experienced major personnel changes.

This internal strife has caused the Tezos network to be delayed, product development has not progressed, and the whereabouts of many Tezos tokens are unknown.

In this regard, the Tezos community expressed concern, believing that Tezos management lacks management experience, insufficient project information disclosure, and investor interests cannot be protected.

There are more and more blockchain institutions, and auditing of blockchain institutions is very necessary: ​​on the one hand, it can make the accounts of blockchain organizations clearer and enhance the credibility of blockchain companies; on the other hand, it can also ensure User Benefits.

(I am Yannan, a reporter from Odaily. I am exploring the real blockchain. Please add WeChat nangua421262 for breaking news and communicating. Please note your name, unit, position and reason.)