Take the XTZ BULL BY THE HORNS! (Tezos T.A – Detailed & Perfect).

– Looking at the charts live with Rocky in an interactive T.A session.

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About Tezos
Tezos price today is $3.34 USD with a 24-hour trading volume of $549,077,340 USD. Tezos is up 0.99% in the last 24 hours. The current CoinMarketCap ranking is #25, with a market cap of $2,536,034,680 USD. It has a circulating supply of 759,413,873 XTZ coins and the max. supply is not available.

What Makes Tezos Unique?
Although staking is common across blockchains, Tezos has a unique twist on this process. Participants can get involved with the network’s governance through “baking,” where they effectively stake 8,000 XTZ. This creates a financial incentive to act honestly.

Bakers are then tasked with voting on proposed changes to the blockchain’s code in a four-step procedure that takes approximately 23 days. Proposals that receive support from the vast majority of participants are put through their paces on a testnet for 48 hours and are fully implemented if they are backed by a super-majority.

Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2023, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency.

Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets.
The top exchanges for trading in Tezos are currently Binance, Huobi Global, Bybit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.

What Is Tezos (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.

This open-source platform bills itself as “secure, upgradable and built to last” — and says its smart contract language provides the accuracy that is required for high-value use cases. According to Tezos, its approach means that it is futureproof and will “remain state-of-the-art long into the future,” meaning it can embrace developments in blockchain technology.

The technology underpinning Tezos was first proposed in a white paper that was released in September 2014. After a series of delays, the Tezos mainnet launched four years later.

Take the XTZ BULL BY THE HORNS! (Tezos T.A – Detailed & Perfect).

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Kane Dane