Tezos (XTZ) Price and Reviews

4.5 / 5

4 user reviews

3.4 / 5 Our Score

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Country: USA

Launched: 2016

Site: www.tezos.com

Market cap: $ 1,329,035,293.3159

Supply: 1,040,289,373.2608

Symbol: XTZ

Price (USD): $ 1.2776

Volume 24h: $ 10,661,945.44532

Change 24h: 2.22%

Proof type: DPoS

Total coins mined: 810,904,882.58

Is trading: yes

Block reward: 0.0

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Expert Review

May 23, 2020

Tezos is a smart contract platform with its own blockchain and a native token (Tezos, XTZ). The governance is performed via Proof-of-Stake algorithm. It means that stakeholders (those who own at least 10,000 XTZ) vote for changes in the protocol. These validators ("bakers") get rewards for the performance of validation. The rewards are generated via inflation. Those who delegate their XTZ to bakers can earn, too.

Tezos has a built-in "self-amendment" mechanism which makes it possible to shape the network without having to make forks. It keeps the community united and makes development process easier.

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Our Score

Transaction speed 3 / 5

Technology 3 / 5

Security 4 / 5

Investment potential 3 / 5

Reputation 4 / 5

Our Score

3.4 / 5

Pros and Cons

pros

Has impressive on-chain governance

Self-amending blockchain

Secure smart contract programming language

cons

ICO was followed by delays

Young ledger

High-risk investment

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User reviews

Philip 2 June 2022

5.0

Tezos was built to evolve. All other coins wish they could so that but simply can't. Tezos is the future.