Tezos News

Tezos (XTZ) news reveals the efforts of Tezos aimed at creating new paths in blockchain as it offers its users and developers a platform with impressive adaptability. Stay up-to-date on how Tezos separates itself from competitors through its self-amending protocol and decentralized governance that allows for the easy integration of upgrades without needing hard forks.


XTZ XTZ
$0.53
Market Cap $555.13 M
24h Volume $29.21 M
24h Low/High $0.5 / $0.6
1h -0.30%
24h -2.15%
7d -18.52%

Tezos XTZ $0.53 24h volatility: 2.2% Market cap: $555.13 M Vol. 24h: $29.21 M is a decentralized and open-source blockchain that facilitates peer-to-peer payments and supports smart contracts. It is a unique network that can self-amend, doing away with the typically tricky processes many other blockchains use for upgrades. This distinctive feature eliminates the likelihood of disruption and avoids hard forks that create community division.

The Tezos blockchain automatically implements protocol upgrades without the need for the blockchain to split. Stakeholders can propose changes or upgrades, including new features, adjustments, and modifications that can improve network functionality. Following the proposal, XTZ holders then participate in a voting process over a designated period, with votes conducted directly on the Tezos protocol to ensure transparency. If the proposal meets the necessary quorum, the upgrade is automatically implemented.

Generally, every Tezos holder has a say in the network’s direction, as the blockchain evolves to meet technological advancements and market demands, in addition to user preferences. This allows Tezos to avoid several challenges that other blockchains face.

Its ability to implement changes without a fork has attracted attention to Tezos from users, developers, and institutions. Major players and stakeholders have begun to explore its unique governance model and replicate it in real-world use cases. Tezos has entered partnerships to popularize the tokenization of real-world assets (RWAs) such as real estate and art. The unique applications and eco-friendly consensus mechanism employed by the Tezos ecosystem make it a leading player in the blockchain space, especially where flexibility and sustainability are critical.

Read the Tezos (XTZ) guide for more information about this unique self-amending blockchain.

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FAQ on Tezos News

What is Tezos?

Tezos is a decentralized blockchain for peer-to-peer transactions and smart contracts. It is popular for its ability to upgrade itself through community votes and without a hard fork. This helps to avoid network disruptions and ensures smooth operations.

Who is the owner of Tezos?

Tezos was founded by Arthur and Kathleen Breitman in 2014. However, the blockchain has no single owner and is governed by a community of stakeholders.

How does Tezos handle governance?

Tezos handles governance on-chain, allowing stakeholders and community members to vote directly on the network. The network automatically implements decisions on votes that reach a specified minimum.

Is Tezos better than Ethereum?

Whether or not Tezos is better depends on specific use cases. While Tezos is known for its energy-efficient consensus mechanism and self-amending capability, Ethereum is a large ecosystem with broader adoption. Each blockchain offers specific perks and may outperform the other depending on assessment criteria.