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Tezos price

(XTZ / USD)

$6.18
+2.35%

Market stats

$5.3B

$445.1M

-23.05%

864.9M XTZ

57 days

55% buy
45% sell

#25

$12.19

+0.1%

+2.35%

-11.93%

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About Tezos

Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.

Resources

Whitepaper

Official website

How it works

Voting on proposed changes and upgrades to the protocol is conducted via a process called “baking”, in which users lock up XTZ tokens to secure governance rights. This process is a form of Proof of Stake.

Bakers can also earn rewards for submitting proposals that are successfully implemented.

Keep in mind

Tezos was among the first projects to incorporate go “fully decentralized”, allowing token-holders to vote on changes to the protocol that would automatically be integrated by smart contract, drastically reducing the chances for disputes and hard forks.

Released: June 2018

Tezos is on the decline this week.

The price of Tezos has fallen by 11.93% in the past 7 days. The price increased by 2.35% in the last 24 hours. In just the past hour, the price grew by 0.10%. The current price is $6.1792 per XTZ. Tezos is 49.31% below the all time high of $12.19.The current circulating supply is 864,867,714.725 XTZ.

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