Despite meteoric growth towards the end of 2019, Tezos is now struggling to maintain its momentum, and has lost significant ground to Bitcoin.
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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.
The study reveals some of the understudied aspects of proof-of-stake cryptocurrencies.
Exchanges adding staking rewards for proof-of-stake coins have pushed their prices up higher than bitcoin in recent months.
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