Tezos (XTZ) News, Price Predictions, Opinions and Analyses Created by Users

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.

An introduction to Tezos

10 Feb 2020 26 minute read 12 comments Allen Walters

Tezos main net has been up and running since the summer of 2018 without any major issues. In this period, Tezos' unique on-chain governance model, has since done what it was designed to do and took Tezos though multiple upgrade cycles, improving and...

Tezos is getting more serious exploring a native oracle network on the Tezos blockchain

5 Apr 2020 2 minute read 6 comments Allen Walters

Oracles can be crucial for certain applications that are and will be build on the Tezos blockchain platform. Being fully dependent on Chainlink or other oracles could not be the best choice long term. Yes, we know, Chainlink has a working product, bu...

Importance Of Not Staking on Exchanges and Holding Your Keys

4 Mar 2020 2 minute read 17 comments TiddyBit

The saying holds more true today than ever before. Justin Sun, Tron, take over of Steem and collaboration with exchanges with the likes of Binance, Huobi and Poloniex and other Chinese exchanges has the old saying "Not your Keys Not Your Crypto" Many...

Emergents: The First Game on Tezos Blockchain

1 Apr 2020 1 minute read 3 comments egamersio

Tezos blockchain will have its first-ever game in May 2020 called ‘Emergents.’ The in-game cards will comprise non-fungible tokens, embracing the true item ownership of players. A few days ago, I was joking with a friend that we have more Trading Car...

ERX: a Tezos-based exchange, designed to trade STO's

25 Jan 2021 3 minute read 1 comment Allen Walters

This article was first published on XTZ.news. For all Tezos news you can follow me here, or follow @XTZNews on twitter for more content. The digital asset management company Elevated Returns has built an exchange which utilizes Tezos. The exchange is...

The Swiss city Wetzikon will issue Tezos-based tokens "Wetzikoins" to support local businesses

30 Oct 2020 3 minute read 3 comments Allen Walters

During the COVID pandemic, local businesses see their sales decline. To support these businesses, the Swiss city of Wetzikon issues "Wetzikoins" to its citizens, which they can spend at local businesses. Wetzokoins are worth CHF 10.- which is worth a...

Vertalo makes it possible to move STO's from Ethereum to Tezos in a matter of minutes.

24 May 2020 3 minute read 0 comments Allen Walters

Dave Hendriks, CEO of Vertalo and Co-founder and CTO William Baxter gave an interview for TezTalks #3. They talked about how they started on Ethereum and switched to Tezos, also they talked about the STO use-case and market and what they are working...

Tezos Tuesday on the Atomic Wallet

14 Jul 2020 2 minute read 3 comments BryRi

Admittedly this week has started a little different and now is moving in an adjusted direction.  You may have seen my article from Monday and talking about the staking opportunities on the Atomic Wallet.  That piqued my interest in something else. He...

Tezos smartcontract usage shows continuing growth: XTZ gas consumption for this month already surpassed last months total

19 Sep 2020 1 minute read 7 comments Allen Walters

Last months growth in smartcontract related transactions, was a whopping 807% compared to July. Smartcontract related transactions are so called "contract calls" where smartcontracts exchange information with other applications or users. This is an i...

The first 100 ETHtz has been minted and is ready to enter Tezos DeFi

31 Dec 2020 1 minute read 3 comments Allen Walters

ETHtz is wrapped ETH on Tezos, to enable ETH deployment on Tezos applications. More about ETHtz here. This is especially interesting due to the low transaction fees on Tezos. On average transactions cost you 3,000 times less on Tezos than on Ethereum...