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Tezos

Buy Tezos (XTZ)

$2.13AUD

+0.00%
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Market Cap

1.9B

24hr Trade Volume

73.9M

Circulating Supply

891.5M

Buy Tezos

Balances = $0.00 AUD · 0.00000000 XTZ

What is Tezos?

Tezos is a self-amending blockchain network and was designed to enable scalable smart contracts and decentralised applications (dApps) which are extremely secure. Tezos' on-chain governance process is unique and gives incentives to users for their participation and prevents hard forks. The mechanism allows the blockchain to a adopt and adapt new features natively on a routine basis and automatically with high stakeholder participation. Tez (XTZ) is the native cryptocurrency of Tezos. Tezos uses a variation of Proof-of-stake (PoS) consensus called liquid proof-of-stake (LPoS) to keep its network in sync. LPoS is a computer based algorithm used by users running the Tezos software to secure and maintain the network, validate transactions and distribute newly minted Tezos tokens (XTZ).

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