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.

Is Polkadot a real Ethereum killer?

8 Dec 2020 1 minute read 2 comments Cryptofab

If you have already used Ethereum network DeFi protocols, you know how slow and expensive the transactions can be. Therefore, you are probably searching for alternative options. As you may know, Polkadot is building a DeFi alliance with Chainlink as...

XTZ is now added to bitFlyer, the largest exchange in the exclusive market of Japan

8 Dec 2020 2 minute read 2 comments Allen Walters

Being the largest exchange in Japan, bitFlyer only has 12 cryptocurrencies listed. BTC, ETH, BAT, LTC, BCH, XRP, NEM, ETC, MONA LISK, XLM and now XTZ. The reason they have listed only 12 coins, is the fact that Japanese regulations are very strict. B...

Secure, Upgradable, Built to Last...

7 Dec 2020 2 minute read 0 comments Nas.A

  Secure, Upgradable, Built to Last...   Tezos ( XTZ ) aims to create a decentralized blockchain that can manage itself by establishing a truly digital society. Combined with their common interests and interests, this digital community aims to furthe...

Tezos App wins 3 awards in the "Best of Swiss Apps Awards"

7 Dec 2020 2 minute read 2 comments Allen Walters

Ecoo, an application built on Tezos, has received three awards in the "Best of Swiss Apps Awards". The Best of Swiss Apps Awards is a yearly award show which was first held in 2013. This year there were 229 submissions, which have been judged by a 56...

Dealbox just migrated two STO's from Stellar to Tezos

5 Dec 2020 1 minute read 0 comments Allen Walters

Dealbox had issued two STO's on Stellar in the past, which are now migrated to Tezos with the help of Vertalo. (An STO is a security token, which is a regulated ICO.) Vertalo is one of the leaders in the world of digital assets. Vertalo emphasizes th...

Logical Pictures launches a $ 121 million STO on Tezos: "21 Content Ventures"

4 Dec 2020 2 minute read 4 comments Allen Walters

Next month, Logical Pictures will launch a $ 121 million (€ 100 million) STO on Tezos: "21 Content Ventures". This will not be a tokenization of real estate. Logical Pictures is a well known production company in the European Film and series industry...

The next step for DeFi on Tezos: Wrapped ERC20 tokens

4 Dec 2020 2 minute read 2 comments Allen Walters

BenderLabs announced "Wrap Protocol" to be launched in early 2021, which will enable you to wrap your ERC20 tokens into FA2 tokens. FA2 tokens are a token standard on the Tezos blockchain. Wrapped ERC20 tokens can be on the Tezos blockchain. DEXter,...

You can now use DEXter on your mobile phone

3 Dec 2020 1 minute read 2 comments Allen Walters

DEXter, the decentralized exchange that is built on Tezos, is now available on Magma wallet on iOS and Android. Magma wallet is a Tezos wallet, which you can find on Apple Store and Google Play. This enables anyone to make trades anywhere, any time o...

Tezos (XTZ) Explained in 60 Seconds

2 Dec 2020 1 minute read 0 comments CryptoSlackers

Similarly to Ethereum, Tezos is a proof-of-stake blockchain network that allows programs, or smart contracts, to be executed without the need for a trusted 3rd party. XTZ, also known as tez, is the Tezos native cryptocurrency token that carries value...

Privacy features on Tezos are injected and will be live on mainnet in February

1 Dec 2020 2 minute read 4 comments Allen Walters

Just three weeks after the last upgrade was implemented into Tezos' mainnet, the next upgrade is injected. This upgrade includes privacy features, which will enable developers to include privacy features in the smartcontracts they deploy on Tezos. Te...