What Is Tezos?
Tezos is a decentralized DApp platform supporting smart contracts and on-chain governance. Its unique self-amending protocol allows seamless network upgrades without hard forks. The native cryptocurrency, XTZ, is generated through baking—Tezos' version of staking. Bakers (validators) deposit funds to participate in block validation and earn rewards. Dishonest actors risk losing their deposits, ensuring network security. Built on OCaml, Tezos combines functional, imperative, and object-oriented programming for robust performance.
Key Features:
- Delegated Proof-of-Stake (DPoS) consensus
- Turing-complete smart contracts
- Self-amending governance
- OCaml-based architecture
XTZ Token Metrics
| Metric | Value |
|---|---|
| Current Price | $0.526924 |
| All-Time High | $9.0856 |
| Market Cap | $504.8 Million |
| 24h Trading Volume | $7.1 Million |
| Contract Address | 0xc9B53AB2679f... |
Market Performance Analysis
- Circulating Supply: 958.139M XTZ
- Total Supply: 979.159M XTZ
- Market Dominance: 2.66%
- Price Range (24h): $0.515211 – $0.529312
👉 Track real-time XTZ price movements
XTZ Depth Chart & Liquidity
- Buy Orders: $6.2929M
- Sell Orders: $2.0551M
Liquidity pools ensure stable trading, with deep order books minimizing slippage.
Tokenomics & Governance
Categories:
- Smart Contract Platforms
Consensus:
- Delegated Proof-of-Stake (DPoS)
ICO Details:
- Price: $0.41521
- Funds Raised: $232M (2017)
- Jurisdiction: Switzerland
FAQs About Tezos (XTZ)
1. How does Tezos' governance work?
Tezos uses on-chain voting for protocol upgrades, eliminating contentious hard forks. Stakeholders (bakers) propose and vote on changes directly.
2. What is "baking" in Tezos?
Baking is Tezos' staking mechanism. Bakers lock XTZ to validate transactions, earning rewards while securing the network.
3. Is XTZ mineable?
No. XTZ is generated through baking, not mining.
4. Why choose OCaml for Tezos?
OCaml’s formal verification ensures high security for smart contracts, reducing vulnerabilities.
5. Where can I buy XTZ?
XTZ is available on major exchanges like OKX, Binance, and Coinbase.
Final Thoughts
Tezos stands out with its self-amending protocol and energy-efficient DPoS. Its focus on security (via OCaml) and decentralized governance makes it a strong contender in the smart contract space. For traders, XTZ offers high liquidity and transparent tokenomics.