Tezos
Tezos XTZ
1h %
+0.21%
7d %
+14.68%
Market Cap
$251.67M
24h volume
$1.68M
Exchanges
| # | Exchange | Pair | Price | 24h volume | Confidence |
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Information about XTZ
Tezos (XTZ) is a blockchain created in 2018 to support the launch of dApps and smart contracts. Tezos operates on the LPoS (Liquid Proof-of-Stake) consensus mechanism, which allows any stakeholder to participate in the consensus process and earn rewards for securing the network. What makes Tezos unique is that it allows stakeholders to create and vote on protocol upgrade proposals. This demonstrates that the project offers a democratic housing ecosystem.
In terms of price, XTZ is currently trading at $0.23 and its current market cap is {{currency}}{{marketcap}}. The lowest price on the trading day is $0.2268USD, and the highest is at $0.2376USD.
FAQ
Is it possible to stake Tezos?
Yes, it is possible to stake Tezos. Staking XTZ tokens is called bakery, and its process is structured as follows: investors can stake to XTZ network validators (the so-called bakers) and receive a reward. The lack of a strict lock-up period allows for quick access to funds, which is a big plus for short-term strategies: rewards bring results in three days.
What network does Tezos work on?
Tezos is a layer-one blockchain and runs on its own network.
What is Tezos used for?
XTZ can be used to participate in the governance of the Tezos protocol, as XTZ is a governance token. In addition to being used in governance processes, XTZ plays an important role in securing and operating the network. The XTZ token can be used to pay transaction fees, as well as to reward validators.
Who are the founders of Tezos?
Tezos was developed by Arthur and Kathleen Breitman in a 2014 white paper under the pseudonym L.M. Goodman.
Is Tezos a good investment?
Tezos is an interesting long-term investment option for several reasons; first, XTZ does not have a maximum supply like Bitcoin. This means that people hold the asset for the benefit and practical use case at the moment. That is, if Tezos has a real use case, then the lack of a finite supply is simply not appropriate. The second reason to believe in the coin's prospects is the Tezos Foundation, which was created in 2017 to attract developers. During its existence, the fund has already acquired high-profile cooperation with Banco BTG Pactual and the Korea University of Blockchain Studies.
What are the ATH and ATL of XTZ?
The All-Time-High (ATH) of XTZ is $9.17, while the All-Time-Low (ATL) is $0.1917