Welcome to CoinPriceIQ | Bitcoin Price & Cryptocurrency Info | October 30th 2020 07:04 UTC


Tezos XTZ Price USD, Live Chart, Coin Market Cap Info

Tezos's (XTZ) price today is $1.83 USD. Tezos's current price is now -8.3% lower than yesterday. A total of $108,810,995.02 in Tezos (XTZ) was traded globally across all exchanges in the past 24 hours, which is -9% less than the previous 24 hours.

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Property Value
Price $1.83
Price Δ (24 hr) -8.3%
Symbol   XTZ
Supply (Active) 748,352,913 XTZ
Volume (24 hr) $108,810,995.02
Volume Δ (24 hr) -9%
Market Cap $1,371,726,455
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Property Value
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#### What Is Tezos?

Tezos (XTZ) is a multi-purpose platform that supports decentralized applications (DApps) and smart contracts. It was developed by Arthur Breitman, with support from his wife Kathleen Breitman, and launched an initial coin offering (ICO) in 2017 that raised $232 million US dollars. A year after the ICO, Tezos launched its beta network in July 2018.

The Tezos platform aims to combine a self-correcting protocol and on-chain governance to manage network modifications, and supports Turing complete smart contracts.

Tezos is also supported by the Tezos Foundation, which is a Swiss-based entity that promotes the Tezos protocol through grants and other capital vehicles.

### How Does Tezos Work?

Tezos works by creating incentives for users to want to participate in the core development of the Tezos protocol. However, the blockchain also uses formal mathematical proofs to ensure that certain critical properties of the Tezos protocol are maintained, thus keeping the network decentralized.

### Can You Mine Tezos?

You can't mine on the Tezos blockchain as you would a proof-of-work cryptocurrency like Bitcoin, as it is based instead on a proof-of-stake consensus (DPoS) mechanism rather than on a proof-of-work protocol. The Tezos protocol is powered by XTZ tokens, which are created through "baking."

### What Is Tezos Baking?

Instead of mining, Tezos bakers (also known as delegates) earn rewards of Tezos tokens by staking, i.e. they put up deposits and are rewarded for signing and publishing blocks, and witnesses then validate the blocks. Dishonest bakers lose their XTZ deposits, which is an incentive to stay honest in the Tezos ecosystem. Tezos is implemented in the OCaml programming language, which is said to offer "functional, imperative, and object-oriented styles."

Looking for the Tezos price today? This page lists the current / latest Tezos price. Find out the Tezos value and compare the past values using the interactive chart. Prices are updated in 10 minutes intervals. Track your Tezos wallet and see the results of Tezos mining. At CoinPriceIQ you can find the top 250 Cryptocurrency coins including Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin, Binance Coin, and more by Market Cap Pricelist.

CoinPriceIQ has the latest prices for the top cryptocurrency exchanges including; Coinbase, Kraken, OKEX, CoinsBit, Bilaxy and many more. We have listed both centralized exchanges & Decentralized exchanges. Choose your trusted exchange to Buy & sell Tezos.

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