Currencies
2657
Market Cap
$ 522.81B
-2.31%
24h Spot Volume
$ 25.85B
-35.0%
BTC Dominance
60.38%
+0.54%
Tezos [XTZ]
 
Rank: 18
Coin
Blockchain infrastructure
USD 2.27
-1.94
BTC 0.000133
-0.14
ETH 0.00442
-0.11

Tezos is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders.

Market Cap

$ 1,704,640,321
Ƀ 100,206
ATH: $ 4,488,959,044 

24h Trade Volume

$ 172,800,407
Ƀ 10,158
XTZ 76,172,455

Supply

Circulating:
XTZ 751,425,536

All-Time-High (ATH) Price

$ 5.97 (02 Jun 2018)
Ƀ 0.000779
Ξ 0.0166 (17 Dec 2017)
From ATH: -62.0%

Tezos (XTZ) operates on its own blockchain.

Current Tezos price is $ 2.27 moved down to -1.94% for the last 24 hours.

All time high (ATH) price of Tezos reached $ 5.97 on 2 Jun 2018 and fallen -62.0% from it.

Tezos's share of the entire cryptocurrency market is 0.33% with the market capitalization of $ 1.70 Billion.

Tezos’s 24 trading volume is $ 172.80 Millions. It is trading on 94 markets and 48 Exchanges the most active of them is Binance.

Find more details about Tezos cryptocurrency at the official website and on the block explorer.

Tezos Price Chart

Tezos price Index provides the latest XTZ price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Tezos to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Tezos Performance USD

PeriodChangeChange (%)HighLow
24H-$ 0.0448-1.94%$ 2.35$ 2.13
7D$ 0.150+7.10%$ 2.95$ 2.07
1M$ 0.219+10.7%$ 2.95$ 1.79
3M-$ 0.982-30.2%$ 3.50$ 1.79
6M-$ 0.609-21.2%$ 4.45$ 1.79
YTD$ 0.919+68.1%$ 4.45$ 1.01
1Y$ 0.991+77.6%$ 4.45$ 1.01
3Y$ 0.143+6.72%$ 12.19$ 0.317

What is Tezos

Tezos is an open-source platform for assets and applications that can evolve by upgrading itself. Stakeholders govern upgrades to the core protocol, including upgrades to the amendment process itself.

Self-Amendment

Self-amendment allows Tezos to upgrade itself without having to split (“fork”) the network into two different blockchains. This is important as the suggestion or expectation of a fork can divide the community, alter stakeholder incentives, and disrupt the network effects that are formed over time. Because of self-amendment, coordination and execution costs for protocol upgrades are reduced and future innovations can be seamlessly implemented.

On-Chain Governance

In Tezos, all stakeholders can participate in governing the protocol. The election cycle provides a formal and systematic procedure for stakeholders to reach agreement on proposed protocol amendments. By combining this on-chain mechanism with self-amendment, Tezos can change this initial election process to adopt better governance mechanisms when they are discovered.

Decentralized Innovation

Proposed amendments that are accepted by stakeholders can include payment to individuals or groups that improve the protocol. This funding mechanism encourages robust participation and decentralizes the maintenance of the network. Fostering an active, open, and diverse developer ecosystem that is incentivized to contribute to the protocol will facilitate Tezos development and adoption.

Smart Contracts & Formal Verification

Tezos offers a platform to create smart contracts and build decentralized applications that cannot be censored or shut-down by third parties. Furthermore, Tezos facilitates formal verification, a technique used to improve security by mathematically proving properties about programs such as smart contracts. This technique, if used properly, can help avoid costly bugs and the contentious debates that follow.

Proof-of-Stake (PoS)

Participants (“nodes”) in decentralized, peer-to-peer networks provide the necessary computational resources that keep a network up and running. Proof-of-Stake (PoS) is the mechanism by which the various participants in Tezos reach consensus on the state of the blockchain. Unlike other PoS protocols, any stakeholder can participate in the consensus process in Tezos and be rewarded by the protocol itself for contributing to the security and stability of the network. Additionally, PoS is less costly than other consensus mechanisms and lowers the barriers to entry for involvement.

Delegation

In PoS, a security deposit is required to participate in the consensus process and avoid being diluted by inflation. As in proof-of-work, the consensus protocol relies on an honest majority for its security which is incentivized directly by the Tezos protocol by penalizing dishonest behavior and rewarding honest behavior. If a participant behaves dishonestly, they can lose their deposit. Users who do not wish to participate directly in the consensus protocol have the option to delegate their rights to other users to participate on their behalf.