Tezos

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "Tezos" – news · newspapers · books · scholar · JSTOR (August 2021) (Learn how and when to remove this message) This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (February 2024) (Learn how and when to remove this message) This article may be written from a fan's point of view, rather than a neutral point of view. Please clean it up to conform to a higher standard of quality, and to make it neutral in tone. (February 2024) (Learn how and when to remove this message) (Learn how and when to remove this message)

Tezos

Denominations
Plural	XTZ, tez
Symbol	ꜩ
Code	XTZ
Subunits
1⁄1000000	Mutez
Development
Original author(s)	Arthur Breitman Kathleen Breitman
White paper	"Tezos – a self-amending crypto-ledger"
Initial release	7.0 / 30 June 2018 (6 years ago) (2018-06-30)
Latest release	20.2 / July 16, 2024
Code repository	gitlab.com/tezos/tezos
Development status	Active
Written in	OCaml
Source model	Open Source
License	MIT
Ledger
Timestamping scheme	Proof-of-stake
Block reward	ꜩ40
Block time	10 seconds (since Paris update)
Block explorer	tzstats.com tezblock.io tzkt.io
Circulating supply	ꜩ1,002,937,109 (est. May 2024)
Website
Website	tezos.com

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: ꜩ). 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.^[1] Its testnet was launched in June 2018,^[2] and its mainnet went live in September 2018.^[3]