Tezos

Tezos

Self-Amending Blockchain with On-Chain Governance and Smart Contracts

Launch Year
2018
Consensus
Liquid Proof of Stake (LPoS)
Max Supply
Uncapped (inflationary)
Block Time
~30 seconds
XTZ
XTZ
Tezos
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Tezos Price Chart

XTZ / USD
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About Tezos

Tezos (XTZ) is a self-amending blockchain that can upgrade its own protocol without hard forks. This self-amendment mechanism allows Tezos to evolve continuously through formal on-chain governance — bakers (validators) vote on protocol amendments, and approved upgrades are automatically deployed. Tezos uses Liquid Proof of Stake (LPoS) where token holders can 'bake' (stake) their XTZ directly or delegate to bakers. The Michelson smart contract language enables formal verification of contracts — proving mathematical correctness — making Tezos popular for high-value applications and NFTs. The platform hosts a thriving NFT ecosystem including fxhash (generative art) and Objkt.com.

History

2014
Tezos whitepaper published by Arthur and Kathleen Breitman; concept of self-amending blockchain introduced.
2017
Tezos raises $232M in ICO; one of the largest crowdfunding events in history at the time.
2018
Tezos mainnet launches after delays; first protocol amendment process begins.
2021
Tezos NFT ecosystem explodes; Hic et Nunc (HEN) and fxhash attract artists and collectors.
2022
Tezos adopted by major sports organizations; Manchester United, McLaren F1, and others launch NFTs on Tezos.
2024
Tezos continues protocol upgrades via self-amendment; Smart Rollups (enshrined rollups) enhance scalability.

How to Swap XTZ

Exchanging Tezos (XTZ) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose XTZ as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending XTZ from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store XTZ

XTZ is stored in Tezos-compatible wallets. Temple Wallet is the most popular browser extension. Kukai Wallet is a web-based option. Ledger and Trezor hardware wallets support XTZ. Mobile options include AirGap and Umami. All these wallets support both baking delegation and NFT management on Tezos.

Frequently Asked Questions