updated 21 seconds ago
Data source: CoinMarketCap
Tezos (XTZ) to Australian Dollar (AUD) Conversion Table
Tezos is a self-amending blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the protocol, including amendments to the voting procedure itself, to reach social consensus on proposals. Tezos supports smart contracts and offers a platform to build decentralized applications. On-Chain Governance The Tezos protocol offers a formal process through which stakeholders can efficiently govern the protocol and implement future innovations. Security The Tezos blockchain was designed to facilitate formal verification, which helps secure smart contracts and avoid buggy code. Proof-of-Stake Tezos’ unique proof-of-stake consensus algorithm gives every stakeholder the opportunity to participate in the validation of transactions on the network and be rewarded by the protocol for doing so.