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.

Are altcoins currently undervalued?

30 Oct 2020 2 minute read 0 comments drlovelyman

During the past two months we have seen a slow steady grind up on bitcoin dominance, but what does this mean exactly? Put simply it means that relative to bitcoin the totality of coins are down. In real terms different types of alt coin are generally...

Taurus enables secure Tezos staking infrastructure for institutional use-cases

30 Oct 2020 2 minute read 2 comments Allen Walters

Since the start of the cooperation between the Tezos Foundation and Taurus Group in the end of 2019, Taurus Group has deployed a strategic roadmap to work towards institutional adoption. In February 2020 Taurus integrated the Tezos protocol into its...

tZERO and Tynton Capital announced to tokenize $300 million worth of STO's on Tezos

29 Oct 2020 1 minute read 5 comments Allen Walters

So far, billions of dollars worth of STO's were announced to be tokenized on Tezos, but progress was slow. STO's are regulated token offerings and need to comply with applicable laws and regulations which takes time. Another time consuming factor is...

XTZ Targets Closest Support After Triangle Breakdown (TA - 28th of October)

28 Oct 2020 2 minute read 13 comments pheonixdown-dee

The Tezos (XTZ) price has been falling rapidly since the beginning of August and has just broken down from a neutral pattern. The price should decline until it reaches the support levels outlined below.   Descent to Support The XTZ price has been...

Tezos Tenderbake testnet is up, improving scalability and the amount of transactions per second

26 Oct 2020 4 minute read 9 comments Allen Walters

A few months ago there was an unofficial announcement made that Tenderbake testnet would be up before the end of the year. Wednesday, Arthur Breitman, one of the founders of Tezos, has released a screenshot of the Tenderbake testnet that is currently...

DealBox will launch a $25 mill STO on Tezos for Total Network Service (TNS) this November

24 Oct 2020 1 minute read 1 comment Allen Walters

In March this year, Vertalo announced that they will tokenize 22 securities worth $200 million on Tezos through fintech merchant bank DealBox. Today the launch of the first Security Token Offering (STO) in this series is announced to be in November....

Exaion EDF Group will become a corporate baker in the Tezos LPoS ecosystem and wants to develop a whole ecosystem of "smart" applications on Tezos

23 Oct 2020 2 minute read 2 comments Allen Walters

Exaion EDF Group is a subsidiary of EDF, the second largest electric utility company in Europe with a yearly revenue of $ 70 billion, over 152,000 employees and partly owned by the French state. Exaion EDF Group specializes in high performance comput...

The EDF group is involved in the French blockchain Tezos (XTZ)

22 Oct 2020 1 minute read 0 comments patou

The EDF group is involved in the French blockchain Tezos (XTZ) The EDF group, through its subsidiary Exaion, will participate in the operation of the French blockchain Tezos (XTZ). EDF, the third largest energy production company in the world, in wh...

OroPocket will tokenize Gold and Silver on Tezos

22 Oct 2020 1 minute read 2 comments Allen Walters

OroPocket: "Invest in Gold & Silver. Save, Grow & Spend it - Anytime, Anywhere." will provide asset-based debit cards, that will enable you to spent your asset-backed value anytime, worldwide. "Shop online, offline or withdraw cash at the ATM." Since...

Central Bank Digital Currency (CBDC). What is it and why should it exist?

21 Oct 2020 4 minute read 0 comments Allen Walters

You might have heard about it before: Central Bank Digital Currency (CBDC). CBDC is a concept that is still in development at this point of time. CBDC is what is supposed to become the digital form of banknotes. First thing to realize is the fact tha...