Bitcoin Halving

Tezos

XTZ

What is The CoinDesk 20?

The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.

These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.

Price
$2.37
24 Hour % Change
-6.70%
Market Cap
$1.94B
Volume (24h)
$195.60M
Linear
Log
to
1h12h1d1w1m3m1y
Key metrics
24 Hour Low
$2.21
24 Hour High
$2.55
Net change
$-0.170631
24 Hour Open
$2.55
All time high
$4.44
Total Supply
819.35M
Returns (24H)
-6.70%
Returns (YTD)
76.77%
Volatility (30d)
0.91
Transaction Count (24h)
35,710
Average Transaction Fee (24h)
$0.003036
Value Transacted (24h)
$10.01M

About Tezos

Category
Software Platform
Value proposition
Governance network

Tezos, led by the husband-wife team of Arthur and Kathleen Breitman, raised the equivalent of $232 million in an initial coin offering in 2017. At the time, the sale of the XTZ tokens was the largest ICO to date, raising more than 10 times the initially targeted $20 million. The blockchain was one of the first to use a “proof of stake” consensus mechanism, a system that’s becoming increasingly popular compared with the “proof of work” mechanism used by the Bitcoin blockchain. Holders of XTZ can commit their tokens in exchange for the ability to validate blocks, winning rewards for doing so in a process known as “baking.” Participants who stake at least 8,000 of the tokens on the network get voting rights, allowing them to weigh in on the governance of the project.

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Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.

Foundations - Consensus: Distributed