$ 4.04
-5.50%
An icon of the cryptocurrency Tezos (XTZ)

Tezos (XTZ) price to USD & live value of today

Tezos (XTZ) live price in US dollar (USD). View statistics about today's value, market cap and supply.

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XTZ value statistics

Price to USD $ 4.04
Price to BTC 0.000342 BTC
Rank 11
24h volume $ 394.10 million
Market cap $ 2.99 billion
All-time high $ 4.22 on 8/13/2020

Supply information

739.79 million XTZ
Details
Total supply 846.07 million XTZ
Burned, team or smart contract locked balances. - 106.28 million XTZ
Circulating supply 739.79 million XTZ
87.4%
Circulating supply 739.79 million XTZ
Total supply 846.07 million XTZ

What is Tezos

Tezos (XTZ) is a smart contract platform that uses blockchain voting to be self-governing by its token holders. Also, the platform aims to boost the security of smart contracts through formal verification of code. The creators of Tezos believe that a decentralized system must be decentralized at all levels; all the decisions must be taken decentralized, especially the proposals to improve or change the project.

The goal of Tezos

Tezos focusses on three main issues; smart contract safety, long-term upgradability, and open participation. Tezos is designed to provide the code correctness and safety that is necessary for assets and other important use cases. Tezos has a so-called modular architecture, which refers to the design of a system composed of separate components that can be connected together. Together with its formal upgrade mechanism, Tezos’ allows the network to adopt and propose innovations very smoothly. All stakeholders may participate in network upgrades by evaluating, proposing, or approving changes.

Who started Tezos

Since 2014, co-founders (while being a couple) Arthur Breitman and Kathleen Breitman, have been developing Tezos with a core group of developers. In 2017, the Tezos Foundation headquartered in Switzerland raised $232 million in just two weeks in a fundraiser. It became one of the biggest ICOs.

Visit www.tezos.com External site
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