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TuffChain profile HodlingBricks profile DalCrypto profile dj_syclone profile
Tezos icon

Ranked # 102

Price

$0.99 (1%)

All Time High

$9.12 (-89%)


Market Cap

$976,097,974

Volume (24h)

27,285,660

Circulating Supply

983,084,931 XTZ

Today's Tezos Price Summary

Tezos's price today is $0.99 USD, with a 24-hour trading volume of $27,285,660 USD. XTZ is up 0.56% in the last 24 hours. Tezos is currently ranked #102 with a market capitalization of $976,097,974 USD.

About Tezos

Tezos, a cryptocurrency launched in 2018, stands out in the digital currency landscape due to its unique approach to governance. Unlike other cryptocurrencies, Tezos allows anyone who owns its XTZ tokens to vote on future changes to network rules. This system of "on-chain governance" puts the power of directing the future of Tezos directly into its users' hands, increasing user satisfaction and nearly eliminating the chances of a hard fork.

How does Tezos Work?

Tezos operates through a two-part blockchain: the Network Shell and the Network Protocol. The former handles transactions and self-amends based on user votes while the latter sends proposals for review. It employs a variant of proof-of-stake consensus mechanism known as liquid proof-of-stake (LPoS), where users stake or "bake" XTZ tokens.

Tezos Founding and Value Proposition 

Founded by Arthur Breitman and Kathleen Breitman in 2014 with operations based in Switzerland, Tezos has navigated numerous obstacles since its inception. Its value stems from both its XTZ token that maintains and operates the network, and from companies using Tezos to tokenize their assets.

The Security of Tezos 

The security of the Tezos network is ensured through decentralized blockchain technology, cryptographic encryption, and its unique LPoS consensus mechanism. This ensures there is no central database or single point of failure making it resistant against potential cyber threats.

The Tezos Blockchain Usecase 

At present, Tezos primarily serves as a staking currency but also provides a platform for developers launching decentralized applications like tzBTC and Tezsure. With just under 762 million XTZ tokens currently in circulation and an annual inflation rate of around 5.51%, Tezos continues to offer a unique value proposition in the world of cryptocurrencies.

Sources:

What is Tezos All-Time High price (ATH)?

On October 4th, 2021 12:41:18 AM, Tezos hit a historic high of $9.12 USD. It has been about 2 years ago since Tezos reached its peak.

What is Tezos All-Time Low price (ATL)?

On December 7th, 2018 12:00:00 AM, Tezos reached a bottoming price of $0.3504760000 USD. About 5 years ago has passed Tezos has seen such a low price.

Learn More About Tezos
Tezos Links & Sources

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Community Posts

Tezos icon Tezos  at  $5.52  on  Apr 21, 2021

Get ready for the FOMO to begin! Ubisoft, the video game giant behind Assassin’s Creed and Far Cry will help the Tezos blockchain to “bake” new blocks as a corporate validator. decrypt.co/...dator

Gaming Giant Ubisoft Joins Tezos Ecosystem as Corporate Validator - Decrypt

The video game giant behind Assassin’s Creed and Far Cry will help the Tezos blockchain to “bake” new blocks as a corporate validator.

Tezos icon Tezos  at  $1.08  on  Sep 23, 2019

Many of the top exchanges around the world keep announcing that they will be allowing #staking to the for Tezos. Hhmm... Is there something going on in the background that we don't know about? www.newsbtc.com/...ange/

Tezos Pumps On Binance Listing, But What About US Crypto Exchange? | NewsBTC

The world’s most popular cryptocurrency exchange, Binance, has listed smart contract-focused altcoin Tezos (XTZ) to its flagship website, causing the

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