Tezos is a blockchain project that aims to offer “the world’s first self-amending cryptocurrency”. Tezos provides a formal and systematic procedure for the platform participants to vote and reach an agreement on the proposed protocol amendment, with the help of the duo on-chain mechanism and self-amendment. In addition, Tezos offers a platform to create smart contracts and build decentralized applications that cannot be censored or shut down by third parties.
In contrast to other cryptocurrencies using Delegated Proof-of-Stake, Tezos uses a liquidity Proof-of-Stake (LPoS) algorithm. It allows Tezos software to secure the network, validate transactions, and distribute newly minted XTZ. Besides, Tezos has two key components: network shell and network protocol. Network shell is the code that handles transactions, administrative operations and amends itself based on how users vote. Meanwhile, network protocol grabs the source of a new protocol (a “protocol upgrade”), compiles them on the fly, and replaces the testnet with this new protocol. It is the part of the code that sends proposals to the shell for review.
Tezos’ 2017 initial coin offering raised $232 million, the largest for such an offering to that date. The project experienced a management controversy over the use of raised funds that was described by the July 2018 Wired cover story as “the crypto world’s biggest scandal” after its resolution. Tezos launched in beta on June 30, 2018.
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How much is 1 XTZ?
Conversion Table
XTZ/USD (US Dollar)
0.61USD
XTZ/EUR (Euro)
0.56EUR
XTZ/JPY (Japanese Yen)
93.93JPY
XTZ/CHF (Swiss Franc)
0.53CHF
XTZ/CNY (Chinese Yuan)
4.37CNY
XTZ/GBP (British Pound Sterling)
0.48GBP
XTZ/INR (Indian Rupee)
51.64INR
XTZ/KRW (South Korean Won)
847.8KRW
XTZ/CAD (Canadian Dollar)
0.86CAD
XTZ/NGN (Nigerian Naira)
1 011NGN
XTZ/BRL (Brazilian Real)
3.60BRL
XTZ/SGD (Singapore Dollar)
0.81SGD
Tezos Price Live Data
Today's live Tezos price is $0.61 USD, with a 24-hour trading volume of $19 805 041 USD. We provide real-time updates for the XTZ to USD price. Ethereum has decreased by 3% in the last 24 hours. Currently ranked 125 in the cryptocurrency market, Tezos has a live market cap of $621 374 677 USD, with a circulating supply of
1 010 388 665XTZ coins and the maximum supply not available.