Tezos (XTZ)What's Tezos price? How much potential does it have? How to buy Tezos? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how XTZ compares to Bitcoin based on its performance!
(Price data last updated about 50 minutes ago)
Data last updated about 50 minutes agoXTZ All Time Low/High: €0.30807 (+231%) / €7.85 (-87%)
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Compare XTZ and BTC performance
How popular is Tezos cryptocurrency?Tezos ranks 52th among all cryptocurrencies. It has a market cap of €932535103. The total trading volume within the last 24 hours was €22406100.
How much potential does it have?How much can Tezos grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (917,293,536), it can theoretically grow at least 437x before it would become more popular than Bitcoin. This means that based on XTZ maximum potential it could reach €445.047 before it would have to overtake Bitcoin.
How to buy Tezos?The easiest way to buy XTZ is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 52 Tezos exchanges available.
Where can you buy it?XTZ should be listed in these exchanges:
Where can I find more information about Tezos?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is Tezos?Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.
The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the delegated proof-of-stake (dPOS) where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.
Baking & Endorsing
Baking is what Tezos refers to as the action of signing and publishing a new block in the chain. Bakers need at least 8,000 XTZ to qualify as a delegate, and having additional delegated stake increases their chances of being selected as a Baker or Endorser.
At the beginning of each cycle (4096 blocks), the Bakers for each block are randomly selected and published. Bakers earn a block reward of 40 XTZ for baking a block.
In addition to the Baker, 32 Endorsers are randomly selected to verify the last block that was baked. Endorsers receive 2 XTZ for each block they endorse.
Block Rewards & Inflation
Block rewards are funded by protocol defined inflation. Rewards are calibrated so that the number of XTZ tokens grows at roughly 5.5% per year. If 100% of Tezos tokens are delegated, the annualized yield will be 5.5%. Currently, 38% of Tezos tokens have been delegated, including the 10% owned by the Tezos Foundation, so the annualized yield is currently 14%.
To ensure Bakers and Endorsers act honestly, they are required to post a security deposit for each block they Bake or Endorse. They forfeit this deposit in the event of malicious activity, such as double baking or double endorsing a block.
In 2018, Tezos successfully launched their main network after delaying the launch due to corporate governance disputes. The Tezos foundation planned to transition the network to a mainnet, or a more complete version. The foundation has also raised $232 million in July 2017 to build the network and issue a new type of cryptocurrency to its backers in one of the largest- ever initial coin offerings. The founders have also made it clear in their blog that the network is using a new blockchain technology hence unexpected issues may still occur affecting the network.
Check out CoinBureau for the complete review of Tezos.
|Market Cap: €932535103||Rank: #52||Volume: €22406100|
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How big was Tezos coin volume within the last 24h?
Tezos (XTZ) last recorded volume was € 22406100.
How much has Tezos price changed during one year?
XTZ price has changed during the last year -62.55 %.
Is XTZ coin close to its All Time High price?
XTZ all time high price (ath) is €7.85. Its current price is €1.019. This means that the difference between Tezos (XTZ) All Time High price and XTZ current price is -87%.
What is the maximum price Tezos (XTZ) could VERY theoretically reach?
XTZ has a current circulating supply of 917,293,536. Based on our calculation XTZ could reach up to €445.047 before it would have to overtake Bitcoin. So in theory the potential for growth is 437x its current value (€1.019). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Tezos and in no way is it a prediction of any kind, far from it.
Where can you buy Tezos?
Tezos is currently listed on at least these crypto exchanges: BingX, XT.COM, Coinbase Exchange, Bitforex, Kraken, DigiFinex, Binance, MEXC Global, BitMart, Upbit, P2B, Bitfinex, Deepcoin, Phemex, Crypto.com Exchange, KuCoin, BKEX, Bitvavo, OKX, Gemini, Hotbit, Bibox, BtcTurk PRO, LBank, WhiteBIT, EXMO, BitBNS, Binance US, Bybit, Huobi, Bithumb and possibly some others.