Tezos (XTZ)
Tezos is a platform for creating applications powered by blockchainA blockchain is a type of distributed ledger technology. It is a huge database formed by blocks,cryptographically linked to each other, containing information such as transactions. These blocks are addedfollowing technology. The operation of its network is based on a native crypto-assetDigital asset based on cryptography principles. Peer to peer traded, on a decentralized network, thanks to Distributed Ledger Technologies such as blockchain. The user is integrated into storage and transaction, Tezos, whose abbreviation is XTZ. This crypto-asset gives users a right to Tezos governance.
Key features of Tezos
Decentralised governance system allowing XTZ holders to vote on updates.
All Tezos transactions are recorded transparently on the blockchain, which is publicly accessible.
Tezos has been adopted by many companies and institutions.
The pros and cons of Tezos
Pros of Tezos
- Tezos is a blockchain that has its own consensusTruth admitted by all system participants. This doesn’t imply that it is the absolute truth or that it’sindisputable, it is the truth participants agree on. In crypto, algorithms beginning with mechanism with key milestones. Major updates to Tezos are integrated seamlessly, without interfering with the operation of the network.
- Tezos is an energy-efficient network. Its total annual carbon footprint is equivalent to the average footprint of 17 of the world
ԉ۪s citizens, which corresponds to around 0.001 TWh (Source: Tezos). - The Tezos network community is asked to vote on governance.
Cons of Tezos
- Tezos uses a different programming language to most of its competitors, which slows down the creation of new products because developers are less inclined to learn a new language.
- To date, Tezos has hosted too few decentralised applications.
- The Tezos network benefits from a large French-speaking community, although it does not appeal to an international audience.
Why be interested in Tezos?
A self-governing crypto-asset
Tezos is a blockchain platform offering decentralised governance and an innovative consensus system. The main objective of Tezos is to create an adaptable and scalable infrastructure, ideal for the development and management of decentralised applications (dApps) and for the creation and exchangeExchange platform for crypto assets (Binance, Kraken…) of digital assets. This flexibility ensures that Tezos can evolve over time to meet the changing requirements of its ecosystem, thanks to a community-led update process.
Tezos, for finance and governance
Tezos enables the creation and deployment of smart contracts. In addition, it enables tokenCan be considered as a digital coupon whose unicity can be mathematically proven and being tradable for assets, services, or goods. The concept of token isn’t actually from crypto ecosystem; holders (XTZ) to participate in the governance process and receive rewards for validating transactions. It thus represents an additional incentive to participate in and strengthen its blockchain, giving it potential for adoption in a variety of sectors. It is particularly popular with institutions and major brands.
Tezos (XTZ) price trend
The constant evolution of the Tezos ecosystem, marked by the regular addition of new decentralised applications, decentralised finance platforms (DeFi« Decentralized Finance », peer to peer blockchain based financial services such as staking.), and tokenisation initiatives, testifies to its potential for expansion. These developments, aligned with market needs and trends, are helping to solidify Tezos’’ position as a leading digital asset.
Key facts about Tezos
abbreviation for Tezos, the native crypto-asset of the Tezos blockchain
date of creation of Tezos
the number of Tezos in circulation is unlimited
Discovering other crypto-assets
Discover the fundamentals of key crypto-assets with our simplified content, designed to clarify and make accessible concepts that can be complex.
Ethereum
Ethereum is a decentralized application platform powered by blockchain technology.
A bank that suits your needs
Are you an individual or institutional investor?
We offer you personalised support.
Investing in digital assets involves risks and is not suitable for all investors.
Investors should inform themselves about the risks associated with the various digital assets. In particular, it is emphasised that digital assets can be highly volatile and that investments in digital assets present a risk of capital loss. In this respect, investors are reminded that past performance of digital assets, which may be indicated on the Banque Delubac & Cie website or in documents made available to investors, is not representative of future performance. In addition, investors should inform themselves about the technologies related to each digital asset and their risks, like flaws, defects, piracy, errors, protocol failures or attacks thereon. Banque Delubac & Cie cannot be held responsible for any misunderstanding of the risks associated with digital assets or for any losses that the investor may incur in the event of an error in the address of the portfolio attributable to the investor.
Banque Delubac was the subject of a "simple" registration subject to the provisions of article L. 54-10-3 of the Monetary and Financial Code in force before 1 January 2024 and was not subject to the provisions relating to the "enhanced" registration introduced by the law of 9 March 2023.
During this registration procedure, the Autorité des marchés financiers (Financial Markets Authority) verified:
- The integrity and competence of the managers and beneficial owners,
- The ability of the Service Provider to comply with its obligations in terms of the fight against money laundering and terrorist financing, the freezing of assets and the prohibition on making assets available, by putting in place an organisation and procedures.