Tezos

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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	15 seconds (since Mumbai 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]