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Tezos (XTZ)

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Tezos (XTZ), launched in September 2018, made headlines in 2017 when it raised a then record of $232 million during its ICO. The project faced several lawsuits and differences internally before launching its beta network in 2018.

Tezos is much like Ethereum, in that it is a decentralized network that is oriented towards smart contracts. The platform’s token, XTZ, is primarily used for governance, with holders receiving rewards for proposing protocol upgrades and contributing to the project. 

The Ethereum and Ethereum Classic split influenced the development vision of Tezos, with the Tezos executives saying that the splitting of communities and visions is precisely the kind of incident that Tezos wants to avoid, instead focusing on the community consensus via formal methods. 

Tezos aims to address the challenges associated with forks through self-amendment and on-chain governance. It recently implemented its first ever on-chain governance blockchain update. Tezos users staked their tokens to implement the first backwards incompatible change to the network, which was termed “Athens A.” The change, democratically conducted as a majority of users voted for this change, resulted in lowering the token threshold for one to be able to participate in the governance and voting process. 

It has been revealed that financial firm, Elevated Returns, which focuses on digitizing traditional assets, is planning to release $1 billion worth of Security Token Offerings (STOs) via the Tezos network, which would mark an important step in adoption for the network. Similarly, Latin America’s largest investment bank, BTG Pactual bank, has also announced that it would sell $1 billion worth of STOs on the Tezos blockchain.

In this tag, read Tezos (XTZ) news, price predictions, opinions and analyses created by users.


Enter Tez-Voting

7 May 2024 2 minute read 0 comments Vladan Lausevic

Tezos, known for its crowd-sourced foundation, has always emphasized the active participation of its community in its governance processes. The new tez-based voting mechanism, introduced through the Homebase platform, enhances this participatory appr...

Uh Oh! Did I Buy a Zombie Crypto? (XRP Included!)

27 Apr 2024 1 minute read 2 comments Cryptofab

Have you ever stared at your crypto portfolio, heart pounding, wondering if you've invested in a bunch of digital duds? Yeah, me too. Especially after that recent Forbes report... This article dives into the scary world of "zombie cryptos." These are...

The Most Common Token Standards You Should Know

29 Feb 2024 4 minute read 1 comment MintDice.com

For several years, there were only a few token standards available, since cryptocurrency was still in its infancy. Now, however, a decade later, there are several token standards available, some of which you should avoid. Read on to learn all about t...

Tezos evolves with Oxford 2

11 Feb 2024 1 minute read 0 comments KMatt

Tezos, an open-source blockchain platform for assets and applications, stands out in the crypto landscape for its ability to evolve and improve over time without risk of hard forks. This feature, combined with the focus on security and scalability, h...

Bitpanda Sponsors Bayern Munich

13 Jan 2024 1 minute read 5 comments KMatt

Bitpanda, the leading European exchange announces a new multi-year partnership with Bayern Munich, one of the most successful clubs in the world and certainly in Germany. From this January, Bitpanda will enjoy widespread television visibility, will a...

Tezos: A Trailblazer in Blockchain Innovation

15 Dec 2023 2 minute read 0 comments Ashish Gupta

Nomadic Labs: A Key Player in Tezos' Technological Advancements Tezos, a trailblazer in blockchain research, has recently undergone significant upgrades, primarily centered around scaling solutions. The introduction of Smart Rollups, capable of theor...

AFTER THE RAIN

1 Dec 2023 1 minute read 0 comments TheAiCollectiveArt

  Award Winner NFT Art Poem https://nftdesignawards.io/project/after-the-rain   After The RainAfter the Rain, I just wanted to... In the rain, I sat, looking down,"Look out, I hear the train," you'd say,And I stood to remember how you always made me...

Tezos (XTZ)

30 Nov 2023 2 minute read 0 comments OfTheFreeMarket

“We believe that Tezos will drive social, political and economic innovation at a global level.” -The Tezos Foundation One of our long-time favorite blockchain projects, Tezos is most certainly one to talk about. It stands out from the crowd for varyi...

Claim Your Free McLaren NFT with Tezos

20 Nov 2023 1 minute read 3 comments Cryptofab

I recently came across an article about the partnership between Binance and Pierre Gasly, a Formula 1 driver. It got me wondering about other similar partnerships. My research led me to Tezos that has partnered with McLaren Racing. This partnership h...

Has Crypto Found Its New Best Friend in Formula 1?

19 Nov 2023 1 minute read 1 comment Cryptofab

I recently read an article about Binance partnering with Pierre Gasly to design his helmet, and it got me thinking about the growing partnership between crypto companies and Formula 1 (F1). At first glance, it might seem like an odd pairing – a high-...