What Is Tezos (XTZ)?
Tezos is a high-performance blockchain and open-source platform designed for decentralized applications (dApps) and digital assets. It emphasizes code security, on-chain governance, and scalability. With the upcoming Tezos 2.0 upgrade, the network aims to enhance:
- Scalability through Layer 2 solutions
- Composability for seamless interoperability
- Developer accessibility via support for mainstream languages (e.g., JavaScript, Python)
Built with formal verification, Tezos ensures smart contracts are bug-resistant, making it ideal for high-stakes applications like DeFi and institutional-grade solutions.
👉 Discover how Tezos compares to other top blockchains
Consensus and Governance
Tezos uses Liquid Proof-of-Stake (LPoS), allowing stakeholders to participate directly or delegate their tokens to validators (bakers). Key features:
- Self-amending governance: Stakeholders vote on protocol upgrades without forks.
- Energy efficiency: LPoS consumes significantly less energy than PoW blockchains.
- Decentralized innovation: Upgrades are implemented smoothly, avoiding community splits.
Launched in 2018, Tezos has maintained 100% uptime and fosters a robust developer ecosystem.
Key Features of Tezos
1. On-Chain Governance
Tezos’ pioneering governance model lets XTZ holders propose and vote on upgrades, ensuring no hard forks (e.g., Ethereum’s shift to ETH2).
2. Formal Verification
Smart contracts are mathematically verified to eliminate vulnerabilities, attracting enterprises like Société Générale.
3. Eco-Friendly Design
LPoS reduces carbon footprint—XTZ transactions use ~2 million times less energy than Bitcoin.
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Tezos (XTZ) Tokenomics
| Metric | Detail |
|-----------------|---------------------------------|
| Max Supply | Infinite (with fixed inflation) |
| Circulating | ~980 million XTZ |
| Staking APR | ~5-6% |
FAQ
How does Tezos differ from Ethereum?
Tezos uses LPoS (vs. PoS) and formal verification, offering greater security and governance flexibility.
Where can I stake XTZ?
Popular platforms include OKX, Coinbase, and Ledger Live.
What’s next for Tezos?
Tezos 2.0 will introduce better scalability and broader language support to attract more developers.
Where to Buy Tezos (XTZ)
XTZ is available on Coinbase, Binance, and Kraken. For secure storage, use Ledger or Trezor.