Buy Tezos (XTZ)
$2.13AUD
Market Cap
1.9B
24hr Trade Volume
73.9M
Circulating Supply
891.5M
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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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