Tezos (XTZ) price, charts, and info

Tezos
XTZ
$0.952913
0.00001499 BTC
Marketcap
$934,291,972
Volume (24h)
$22,795,855
Circulating Supply
980,643,932 XTZ
Total Supply
1,001,205,569 XTZ
XTZ

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* Currency in USD
Historical Price for Tezos
DateOpenCloseHighLowVolume
Tezos Markets
#SourcePairVolumePriceChangeUpdated
Tezos Faucets
FaucetPayment
AutoBitcoinFaucetPay  
AutoClaimFaucetPay  
AutoFaucetDirect Pay  FaucetPay  
CoinmonsterDirect Pay  
CoinPayzDirect Pay  FaucetPay  Coinbase  
Dutchycorp Final AutoclaimDirect Pay  FaucetPay  Coinbase  
EC MiningDirect Pay  FaucetPay  
Faucet WorldCoinbase  FaucetPay  
Phoenix AutoDirect Pay  Coinbase  FaucetPay  

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What is Tezos?

Tezos is a self-amending decentralized blockchain platform that enables the formalization of smart contracts. By facilitating the formal verification of smart contracts it helps avoiding buggy code. Other than that, it is similar to the Ethereum blockchain, allowing creation and formalization of smart contracts. The platform creates governance rules that stakeholders within the network must abide with when verifying transactions. he key features of this platform is on-chain governance and self-amendment.

Tezos' network follows a different protocol method from the conventional blockchain. It is using a generic network shell focused on a modular strategy. The project is written in the OCaml programming language.

In terms of validating and signing of blocks, Tezos has adapted a delegated proof-of-stake consensus algorithm. In this staking method, stakeholders, known as bakers participate in Tezos' baking process. The backers are required to deposit some tokens and then get rewarded for signing blocks or punished for errant behavior. Punishment includes losing one's deposits

Tezos hopes to better its predecessors by giving stakeholders full control of the network hence enhancing decentralization. The network is the brain child of Arthur Breitman, a French mathematician and scientist and his wife Kathleen Breitman, who has a background in the financial sector.