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Tezos 

XTZ

Smart Contracts • Liquid Proof of Stake

Buy XTZ
Market data

Smart Contracts

Sector

2014

Published
$735.74M
Market cap

142nd

Market cap rank

About Tezos

What is Tezos?

Tezos is a smart contract platform similar to Ethereum. Its biggest differentiator is its decision-making process, known as “governance.” Tezos aims to avoid network splits (forks) by using a “Liquid Proof of Stake” mechanism, which allows token holders to democratically vote on protocol changes and new features.

Key data

Founder
Arthur Breitman, Kathleen Breitman
Developer
Tezos Foundation
Published
2014
Open source
Yes
Sector
Smart Contracts
Key feature
Governance Model

Technology

Blockchain
Tezos Blockchain
Staking
Yes
Consensus mechanism
Liquid Proof of Stake
Energy consumption
Low
Transactions per second
40 TPS

Community & Links

Social media
446,852 followers
Whitepaper
Whitepaper
Website
tezos.com

Our Tezos rating

Review result

Overall rating
Tezos
Risk
Tezos: 2 of 10
Risk (Tezos)
2/10
Tezos Logo
riskyless risky
Community
Tezos: 3 of 10
Community (Tezos)
3/10
Tezos Logo
smalllarge
Hype & momentum
Tezos: 3 of 10
Hype & momentum (Tezos)
3/10
Tezos Logo
weakstrong
Active usage
Tezos: 2 of 10
Active usage (Tezos)
2/10
Tezos Logo
lowhigh
Network effect
Tezos: 1 of 10
Network effect (Tezos)
1/10
Tezos Logo
weakstrong
Decentralization
Tezos: 3 of 10
Decentralization (Tezos)
3/10
Tezos Logo
centralizeddecentralized

Our opinion

Tezos takes a highly democratic approach to blockchain development and governance. Decisions about implementations and features are largely left to the community. To participate in voting, users must stake a certain amount of coins for a fixed period. This mechanism incentivizes participants not to act maliciously or fraudulently. If they do, their staked coins are slashed and become unavailable to them. This process is a core component of the traditional Proof of Stake consensus mechanism, which Ethereum will soon adopt as well. Although the Tezos blockchain has been around for some time, it has so far shown limited network activity and user adoption. Therefore, we remain cautious and somewhat skeptical about its long-term prospects.

Our data on cryptocurrencies was last updated on 2025-10-01T15:50:23.614657+00:00. Sources: CoinGecko, defillama.com, coincodex.com.

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