New Listing Tezos (XTZ)

FinanceX
FinanceX
Published in
2 min readSep 11, 2019

On Mid Autumn Festival, FinanceX lists TEZOS (XTZ) with 03 trading pairs totally: XTZ/VND, XTZ/IDR, XTZ/USDT at 10:00AM (UTC+7) on September 12, 2019.

TRADE NOW: https://www.financex.io/trade?symbol=XTZ_VND

Information about TEZOS — XTZ

Tezos completed one of the largest ICOs of 2017 raising almost $232m in one day. This was in order to develop what the founders envisioned as a self amending blockchain that could counter the threat of forks through the use of programmatically enforced rules. Tezos is being built from the ground up and was not based on any other blockchains.

The consensus algorithm on Tezos is Delegated Proof of Stake (dPoS) which will help with the governance structure of the blockchain. Like Ethereum, Tezos will have smart contract functionality which will allow other developers to build decentralised applications (dApps). The decentralised governance of the Tezos blockchain will allow anybody to propose protocol upgrades.

Tezos had a number of large backers when it completed its ICO including Tim Draper, a prominent venture capitalist. The project was founded by Arthur and Kathleen Breitman who raised the funding in collaboration with the Tezos Swiss foundation. The project was indeed quite contentious as infighting, project delays and legal threats marred the launch. Tezos went live with a Betanet launch on June 30.

The tokens have reasonable volumes across three different exchanges although this are rather low when compared to the market cap. XTZ are less volatile than other lower cap altcoins.

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#financex #fnx #fiat #exchange #idr #vnd

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FinanceX
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