-
Bitcoin
$83,473.0073
-1.01% -
Ethereum
$1,896.1034
-2.05% -
Tether USDt
$1.0001
0.00% -
XRP
$2.3008
-5.13% -
BNB
$601.4147
-0.28% -
Solana
$128.8783
-4.52% -
USDC
$1.0000
-0.01% -
Dogecoin
$0.1686
-4.55% -
Cardano
$0.7044
-5.93% -
TRON
$0.2155
-3.31% -
Pi
$1.3976
-4.16% -
UNUS SED LEO
$9.6232
-1.96% -
Chainlink
$13.4930
-3.92% -
Toncoin
$3.4117
0.43% -
Stellar
$0.2647
-3.89% -
Hedera
$0.1871
-2.73% -
Shiba Inu
$0.0...01318
3.34% -
Avalanche
$18.4968
-0.20% -
Sui
$2.2432
-5.21% -
Litecoin
$89.3038
-3.61% -
MANTRA
$6.7363
2.22% -
Polkadot
$4.2434
-2.94% -
Bitcoin Cash
$329.8362
-3.08% -
Ethena USDe
$0.9998
0.00% -
Dai
$1.0002
0.02% -
Bitget Token
$4.3865
-2.15% -
Hyperliquid
$13.3727
-8.20% -
Monero
$210.5652
0.08% -
Uniswap
$6.0489
-1.26% -
Aptos
$5.1799
-2.77%
What is the issuance and circulation of XTZ coins?
The Tezos Foundation allocates 10% of the XTZ issuance to fund community initiatives and blockchain research.
Nov 16, 2024 at 03:36 pm

XTZ Coin: Issuance and Circulation
1. Issuance
XTZ, the native token of the Tezos blockchain, was issued through an initial coin offering (ICO) in July 2017. The ICO raised a total of 232,414 Bitcoins (BTC), equivalent to approximately $232 million at the time.
2. Circulation
As of February 8, 2023, the circulating supply of XTZ is 981,029,150 coins. The maximum supply is capped at 1,268,445,913 XTZ.
3. Distribution
The distribution of XTZ coins is as follows:
- ICOs supporters: 61%
- Early investors: 19%
- Tezos Foundation: 10%
- Development team: 5%
- Advisors: 2%
4. Token Generation Event (TGE)
The TGE for XTZ occurred on June 30, 2018, when the Tezos mainnet was launched. The ICO price was 0.002 BTC per XTZ.
5. Tokenomics
XTZ is a utility token that serves as:
- A medium of exchange for transactions on the Tezos blockchain
- A staking reward for validators who maintain the network
- A governance token for voting on protocol updates
6. Proof-of-Stake (PoS) Consensus
Tezos employs a PoS consensus mechanism to validate transactions and secure the network. XTZ holders can "stake" their coins to become validators and earn staking rewards.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- In recent market developments, the Ethereum price has shown rising bearish indicators in the network. This took place all while the newly elected president
- 2025-03-16 23:10:56
- Dogecoin [DOGE] Miners Have Dumped a Significant Portion of Their Holdings
- 2025-03-16 23:05:55
- The week was a rollercoaster ride in the world of cryptocurrency
- 2025-03-16 23:05:55
- As XRP targets a $150 billion market cap, XYZVerse emerges with 500x potential
- 2025-03-16 23:05:55
- Ethereum Dominates Staking Economies
- 2025-03-16 23:05:55
- Holding 1,000 XRP Tokens Might Be the Best Financial Decision of Your Lifetime, Says Edo Farina
- 2025-03-16 23:05:55
Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...
See all articles
