Tezos (XTZ)

somedude 22

rated:

somedude posted on August 26, 2020 13:06:59

one of my best buy/holds. I'm still a little unsure of how this will be a top performer because there's so little news on developments, but i've been happy with my bag so far. The potential to tokenize real estate is a very exciting prospect with this coin. It's worth watching. The interest is a nice addition as well, even if it is painfully small for defi.

setyowahyudi77 12

rated:

setyowahyudi77 posted on February 06, 2020 11:42:33

Many trading indicators, such as the 200-day moving average, are suggesting that Tezos should break to the upside in the first quarter of 2020. This could be spurred by the introduction of new system updates and the new partnership agreements, like the one they did with the venture capital fund Algo Capital.

ltc_bee 6

rated:

ltc_bee posted on February 05, 2020 17:04:41

Governance on-chain changes so much about blockchain protocols. Cool to be a part of the evolution of the protocol, even though exchanges now hold most of the weight in the network (because people keep their funds there). I like the fact that you can receive interest, and I get nearly 7% interest that I delegate to a validator.

sjo114 6

rated:

sjo114 posted on November 20, 2019 17:58:52

Tezos is a platform for building Dapps which uses what they call “Liquid Proof of Stake (LPOS)”, which could also be considered “Optional Delegated Proof of Stake”. (Optional being the opposite of “Mandatory” POS like on EOS). Meaning, you can be a block producer (baker) or, if you don't have enough XTZ to “bake” blocks, you can stake your XTZ to a baker and earn a percentage of Click here to see more... the rewards from that baker.

Tezos’ key strength is in flexible governance for upgrading the protocol over time. Their LPOS means that anyone holding XTZ can participate in the governance structure. It is also built in such a way that forks are extremely unlikely to occur. As a consequence of no forks, this makes Tezos good for tokenized asset issuance. Other features include: no finality for transactions, unlimited supply, and it’s tradeable on CoinbasePro, which essentially means that it’s not a security.

Tezos is interesting because governance and adaptability is built into the protocol. This allows it to change over time, which is something many other blockchains struggle with. This also means that it’s not governed by a small group of people or block producers.

Huge ICO and legal battles with SEC. But they made it through and have a mainnet. Very good resources and explanations on their site. Their open governance makes it less scammy and more likely to be around for the long-haul than other similar projects.