Looking for Tezos? Find XTZ Price, Exchanges, Reviews, Chart, Historical Data & XTZ Marketcap
Tezos (XTZ) Ranked 14 in Coin Market Daddy Currencies Index. Tezos (XTZ) price is $6.25. It has a current circulating supply of 767,088,969 XTZ and a Marketcap of $1.98B. $34.76M worth of Tezos (XTZ) has been traded in the past 24 hours. Tezos (XTZ) currency type is coin. XTZ trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Tezos (XTZ) and contribute to CMD Cryptocurrency Encyclopedia.
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.
This is the price of HitBTC XTZ futures. HitBTC does not allow short-selling their futures; only previous purchasers of the futures can sell them. This means that the price is likely significantly higher than the price that would be determined by a market that allows short-selling, which would be more indicative of the true market value of XTZ