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About Tezos(XTZ)
What is Tezos (XTZ)?
Tezos is a blockchain network that operates on smart contracts, much like Ethereum. The primary distinction between the two is that Tezos strives to provide more advanced infrastructure that can evolve and enhance over time without the risk of a hard fork. This is unlike Bitcoin and Ethereum, which have both experienced this issue since their creation. XTZ holders have the ability to vote on Tezos developers' protocol upgrade proposals.
Tezos is a secure and upgradable open-source platform that boasts a smart contract language capable of handling high-value use cases. Its design allows it to remain state-of-the-art for years to come and embrace advances in blockchain technology. The initial white paper for Tezos was published in September of 2014 and, despite several setbacks, the network officially launched four years later.
Who are the Founders of Tezos (XTZ)?
The original author of the Tezos white paper is Arthur Breitman. Interestingly enough, he used the pen name L. M. Goodman, similar to Satoshi Nakamoto. Breitman believed that Bitcoin's lack of a governance process hindered contributions from the community and prevented new tokens from being issued through the blockchain. To address these issues, he founded a startup called Dynamic Ledger Solutions with his wife Kathleen, which was eventually acquired by the Tezos Foundation to secure intellectual property rights of the network.
What Makes Tezos (XTZ) Unique?
The way Tezos involves its participants in the governance process is quite unique. Instead of traditional staking, users can participate in “baking” by staking 8,000 XTZ, which provides a financial incentive to act honestly. Bakers then vote on proposed changes to the blockchain's code in a four-step procedure that takes about 23 days. Proposals that receive support from the majority of participants are tested on a testnet for 48 hours and are implemented if they are backed by a super-majority. Tezos is also gaining popularity among high-profile businesses. For instance, the French banking giant Societe Generale announced plans to use Tezos for experimenting with a central bank digital currency.
What is the XTZ Token?
Tezos' native token, XTZ, serves multiple purposes on the blockchain. It can be used to access decentralized applications, pay transaction fees, stake for network security, and acts as a fundamental accounting unit on the Tezos platform.
How is the Tezos Network Secured?
Tezos, like many blockchains, utilizes a proof-of-stake consensus mechanism. Validators can participate in maintaining the network's integrity by making a security deposit. Those who act in the best interests of the blockchain are rewarded, while those who act dishonestly risk losing their stake. This incentivizes honest behavior and helps ensure the smooth running of the network.
XTZ to local currency
Crypto calculator- 1 XTZ to USD$0.93
- 1 XTZ to JPY0.9265917
- 1 XTZ to VND0.9265917
- 1 XTZ to RUB0.9265917
- 1 XTZ to EUR (Español)0.9265917
- 1 XTZ to TRY0.9265917
- 1 XTZ to EUR (Italiano)0.9265917
- 1 XTZ to EUR (Français)0.9265917
- 1 XTZ to EUR (Deutsch)0.9265917
- 1 XTZ to CNY0.9265917
- 1 XTZ to TWD0.9265917
- 1 XTZ to EUR (Português)0.9265917
- 1 XTZ to IDR0.9265917
- 1 XTZ to THB0.9265917
- 1 XTZ to PLN0.9265917
- 1 XTZ to UAH0.9265917
- 1 XTZ to UZS0.9265917
- 1 XTZ to SAR0.9265917
- 1 XTZ to PHP0.9265917
How to buy Tezos (XTZ)
Trade XTZ perpetual futures
After having successfully signed up on Bitget and purchased USDT or XTZ tokens, you can start trading derivatives, including XTZ futures and margin trading to increase your income.
The current price of XTZ is $0.9266, with a 24h price change of +0.31%. Traders can profit by either going long or short onXTZ futures.
Join XTZ copy trading by following elite traders.
Tezos news
See moreBlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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Tezos Social Data
In the last 24 hours, the social media sentiment score for Tezos was 3.3, and the social media sentiment towards Tezos price trend was Bullish. The overall Tezos social media score was 59,703, which ranks 49 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Tezos being mentioned with a frequency ratio of 0.08%, ranking 15 among all cryptocurrencies.
In the last 24 hours, there were a total of 1,436 unique users discussing Tezos, with a total of Tezos mentions of 833. However, compared to the previous 24-hour period, the number of unique users increase by 9%, and the total number of mentions has decrease by 21%.
On Twitter, there were a total of 18 tweets mentioning Tezos in the last 24 hours. Among them, 22% are bullish on Tezos, 0% are bearish on Tezos, and 78% are neutral on Tezos.
On Reddit, there were 83 posts mentioning Tezos in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 27% . Additionally, there were 0 comments mentioning Tezos. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
3.3