Description: Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.WARNING:This is the price of HitBTC XTZ futures. HitBTC does not allow short-selling their futures; only previous purchasers of the futures can sell them. This means that the price is likely significantly higher than the price that would be determined by a market that allows short-selling, which would be more indicative of the true market value of XTZ
Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.
Who Are the Founders of Tezos?
What Makes Tezos Unique?
How Many Tezos (XTZ) Coins Are There in Circulation?
How Is the Tezos Network Secured?
Where Can You Buy Tezos (XTZ)?
About Tezos Nodes
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Proof type: DPoS