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Tezos XTZ

BUY

$0.3461049

0.48 % (24h)

Marketcap

$374,315,490

Volume 24h

$15,373,818


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Description

Tezos (XTZ) is a self-amending blockchain that was designed to evolve over time without the need for disruptive hard forks. It features an on-chain governance mechanism that allows token holders to vote on protocol upgrades, ensuring the network remains cutting-edge and unified. Tezos uses a Liquid Proof of Stake model, which allows "bakers" to secure the network while users can delegate their tokens without losing control of them. It has gained significant traction in the institutional and NFT sectors due to its focus on security, formal verification, and long-term sustainability.