Tezos
XTZ$0.3723
Market Cap
$401.46M
Volume 24h
$11.99M
Vol / Market Cap
2.99%
Rank
#40
XTZ Price Chart
Tezos is a blockchain platform featuring on-chain governance and self-upgrading smart contracts.
What Is Tezos (XTZ)? Tezos is a blockchain platform featuring on-chain governance and self-upgrading smart contracts without hard forks.
A self-amending blockchain that allows protocol upgrades through on-chain voting without requiring hard forks, automatically implementing approved changes.
On-Chain Governance: Used for “baking” (staking) to secure the network and vote on automatic protocol upgrades without hard forks.
Self-Amending Governance: Uses Liquid Proof of Stake. Used for baking (staking) and voting, with protocol upgrades that can activate automatically based on on-chain votes.
Complex upgrade processes and governance fatigue have reduced active developer contributions.
