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XTZUSD
Tezos / United States dollar
crypto Composite

Real-time
5/30/2023 11:28:22 PM UTC
0.93300000USD-0.107%(-0.00100000)1,030,724XTZ956,859USD
0.93318000Bid   0.93483000Ask   0.00165000Spread
OverviewHistoricalTrendsNewsMore
Composite
0.93300000
Coinbase
0.93300000
Kraken
0.93350000
Bitfinex
0.93426000
Gemini
0.93360000
Binance.US
0.93680000
Bittrex
0.87753669
open chart   
open chart   
Market Cap
876.778M USD
Category
Infrastructure
Sector
Smart Contract Platforms
Consensus
Proof-of-Stake
Genesis Block
2018-06-30
Related
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Jan 31, 2022
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Jan 13, 2022
12:27PM EST  Gap Launching Gamified NFTs: Here's The Details And How You Can Get One   Benzinga
Aug 11, 2021
08:31AM EDT  BTCS Adds Tezos Staking to its Blockchain Infrastructure Operations   GlobeNewswire Inc
May 18, 2021
06:27AM EDT  PlayStation's Sony Patents Bitcoin In-Game Betting   Benzinga
More News
Profile
Tezos is a multi-purpose blockchain which aims to combine a self-amending protocol and on-chain governance to manage future changes and implementations to the network. It supports the creation of new tokens and smart contracts (thus decentralized applications or dApps). The on-chain governance system enables token holders to make decisions together and improve the network over time, as opposed to the less-inclusive off-chain governance models used by Bitcoin and Ethereum. Tezos is a multi-purpose blockchain platform that integrates features like smart contracts, on-chain governance, and the ability to conduct formal verification. The developers made a unique choice to use OCaml as the programming language arguing that it offers better security features and is a more powerful interface compared to other options like C++. OCaml also allows developers to check operations using formal verification which can detect potential bugs or errors in the code. To allow for future changes to the network Tezos is divided into network, transaction, and consensus protocols. The transaction and consensus protocols operate separately and plug into a generic network shell. This shell maintains the current state of the blockchain and allows the network to conduct internal checks on the protocols allowing them to validate their own replacements. Proposed changes can be made by anyone and are decided on by a vote from token holders. Proposals can include a payment to be made by the developer proposing a change that the team believes will incentive more impactful development on the platform. Tezos uses a variation of a Proof-of-Stake (PoS) system that differs slightly from established models in that block producers are not selected by token holders and anyone can participate as a baker (validator) if they hold a specified amount of tokens. Token holders that do not meet the minimum threshold can delegate their tokens to a baker without needing to relinquish control of their tokens. Using this model the team believes they can increase participation from token holders by reducing frictions and allowing anyone to receive newly released XTZ to maintain the relative value of their holdings.

Tezos (XTZ-USD) Live Summary

Tezos price today is $0.93300000, and the 24-hour volume is 1,030,724. Tezos is down -0.107% in the last 24 hours. Tezos market cap is $876,778,152 with a circulating supply of 939,740,785.


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