The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during
Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth. The main goal of the project is to make their token holders work together towards making a decision that will improve the protocol over time. The platform’s native token is called XTZ.
Tezos was established in 2017, following a record-breaking $232 Initial Coin Offering (ICO) fundraising. The funds are used by the Tezos Foundation. The project was officially launched in September 2018 and has managed to make its way towards being one of the most significant cryptocurrencies.
In terms of architecture, Tezos’ blockchain uses agnostic middleware, which is referred to as the Network Shell. It’s divided into three layers: the network protocol, the transaction protocol, and the consensus protocol.
The platform uses a form of the Proof-of-Stake consensus algorithm, implementing the Liquid Democracy model. To participate, users have to “stake” a certain amount of XTZ in their Tezos Wallet – the more they have, the larger their voting power is. Stakers can vote directly or delegate their voting responsibilities to another person.
In 2019, leading crypto exchanges such as Binance, Kraken, and Coinbase, offered their users to participate in staking Tezos and earn interest.
With Tezos, those who essentially get to add new blocks to the network are called Bakers. They receive their block publishing rights based on their stake. That’s why the process here isn’t called mining but baking.
Recent Tezos News
150% In 3 Months: Is The Recent Tezos (XTZ) Price Surge For Real, Or Is It a Gigantic Staking Bubble?
Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies
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The San Francisco-based venture capital firm, Andra Capital, is planning to issue its own Silicon Valley Coin (SVC) via a
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Tezos dropped by almost 8% over the past 5 days, bringing the price down to the $1.64 level. The cryptocurrency
Tezos holders will be able to stake their coins on the popular cryptocurrency exchange, Kraken, starting today. As a result,
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing
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Exclusive: Tezos co-Founder Opines on Tokenized Securities, Future of Crypto, and Why He’s Not a Fan of ICOs
Tezos’ fund-raising raised successfully a record-setting $232 million in 2017. It’s is an open-source project and among the best-known blockchains.