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EntityQ55290870· pop 12· linked from 189 articles

Also known as XTZ

Tezos is an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts. The native cryptocurrency for the Tezos blockchain is the tez (ISO 4217: XTZ; sign: ''''''). The Tezos network achieves consensus using proof-of-stake. Tezos uses an on-chain governance model that enables the protocol to be amended when upgrade proposals receive a favorable vote from the community. Its testnet was launched in June 2018, and its mainnet went live in September 2018.

Key facts

Cryptocurrency.currency_name
Tezos
Cryptocurrency.image_1
Tezos Logo 2022.png
Cryptocurrency.image_width_1
180
Cryptocurrency.alt1
Prevailing tezos logo
Cryptocurrency.subunit_name_1
Mutez
Cryptocurrency.plural
XTZ, tez
Cryptocurrency.ticker_symbol
XTZ
Cryptocurrency.initial_release_version
7.0
Cryptocurrency.status
Active
Cryptocurrency.latest_release_version
20.2
Cryptocurrency.latest_release_date
July 16, 2024
Cryptocurrency.programming_languages
OCaml
Cryptocurrency.white_paper
"Tezos – a self-amending crypto-ledger"
Cryptocurrency.source_model
Open Source
Cryptocurrency.license
MIT
Cryptocurrency.circulating_supply
1,002,937,109 (est. May 2024)
Cryptocurrency.timestamping
Proof-of-stake
Cryptocurrency.block_time
10 seconds (since Paris update)

via Wikipedia infobox

Source code

Tezos is a blockchain that offers both consensus and meta-consensus , by which we mean that Tezos comes to consensus both about the state of its ledger, and also about how the protocol and the nodes should adapt and upgrade. For more information about the project, see This repository hosts Octez , an implementation of the Tezos blockchain. Octez provides a node, a client, a baker, an accuser, and other tools, distributed with the Tezos economic protocols of Mainnet for convenience. The Tezos software may run either on the nodes of the main Tezos network (mainnet) or on various Tezos test networks. The documentation for developers, including developers of the Tezos software and developer of Tezos applications and tools, is available online at This documentation is always in sync with the master branch which may however be slightly desynchronized with the code running on the live networks. The source code of Octez is placed under the MIT Open Source License. All development of the Tezos code happens on GitLab at Merge requests ( should usually target the master branch; see the contribution instructions. The issue tracker at can be used to report bugs and to request new simple features. The Tezos Agora forum is another great place to discuss the future of Tezos with the community at large. Running CI pipelines in your forks using GitLab's shared runners may fail, for instance because tests may take too long to run. The CI of tezos/tezos (i.e. uses custom runners that do not have this issue. If you create a merge request targeting tezos/tezos , pipelines for your branch will run using those custom runners. To trigger those pipelines you need to be a developer in the tezos/tezos project. Otherwise, reviewers can do that for you. The core of the Tezos software that implements the economic ruleset is called the protocol . Unlike the rest of the source code, updates to the protocol must be further adopted through the Tezos on-chain voting procedure. Protocol contributors are encouraged to synchronize their contributions to minimize the number of protocol proposals that the stakeholders have to study and to maximize the throughput of the voting procedure.

Excerpt from the source-code README · 3,561 chars · not written by Vinony

Wikidata facts

Official website
tezos.com
Image
Tezbox wallet on send tab.png
Show 14 more facts
unit symbol
software version identifier
Mainnet January 2020
source code repository URL
gitlab.com/tezos/tezos
inception
2014-08-03
publication date
2014-09-02
social media followers
71828
short name
XTZ
hashtag
XTZ
price
6.67
Stack Exchange site URL
tezos.stackexchange.com
number of participants
44611
inflation rate
5.04
cryptocurrency code
XTZ
external data available at URL
opam.ocaml.org/packages/tezos
Sources (13)

via Wikidata · CC0

~7 min read

Article

7 sections
Contents
  • History
  • Tezos Foundation and initial coin offering
  • Design
  • Founders
  • Sponsorship
  • References
  • External links

Tezos is an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts. The native cryptocurrency for the Tezos blockchain is the tez (ISO 4217: XTZ; sign: ''''). The Tezos network achieves consensus using proof-of-stake. Tezos uses an on-chain governance model that enables the protocol to be amended when upgrade proposals receive a favorable vote from the community. Its testnet was launched in June 2018, and its mainnet went live in September 2018.

== History == Tezos was first proposed in 2014 and created by husband-and-wife team Arthur and Kathleen Breitman. While working at Morgan Stanley in 2014, Arthur Breitman released two papers that proposed a new type of blockchain under the pseudonym "L. M. Goodman," referencing a journalist at Newsweek'' who had misidentified the creator of Bitcoin. He chose the name "Tezos" after writing a program to list unclaimed websites that could be pronounced in English. In 2015, intending to develop Tezos, Arthur Breitman registered a company called Dynamic Ledger Solutions, Inc. (DLS) in Delaware, with himself as chief executive. In March 2014, he contracted French firm OCamlPro to help him conceive the protocol and develop the prototype and the ICO infrastructure. Arthur worked at Morgan Stanley at the time. Still, he did not notify them of his work on Tezos as required by the Financial Industry Regulatory Authority (FINRA), and eventually fined $20,000. He sought to raise $5 to $10 million from banks but could not find backers. By 2016, he left Morgan Stanley, and Tezos received $612,000 from 10 backers while the Breitmans planned for an initial coin offering (ICO).

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