2024 cryptocurrencies
Total Market Cap $9,677,780,713,872,214
Total Volume 24h $1,402,773,609

Tezos Tezos

$0.93
0.10 (12.08%)

Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.

Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.

Visit website open_in_new
Market share 0.00%
Proof type Delegated Proof of Stake
Open $0.83
Low $0.83
High $0.96
Price in BTC 0.00009555974662 BTC
Current Supply 800,998,896 XTZ
Market cap $746,771,271
24h Volume (coin) 456,496 XTZ
24h Volume (currency) $409,374
Last updated 2019-07-18 03:25:32
Date Price Volume