Binance-Peg Tezos Token Token Logo

XTZ [Binance-Peg Tezos] Token

About XTZ

Listings

Token 23 months
CoinGecko 4 years
CoinMarketCap 4 years

Website

[CoinMarketCap] alert: Please note that the BSC contract address on this page is a wrapped version of this asset on BSC Chain.
white paper

Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an <a href="https://www.coingecko.com/en/coins/ethereum">Ethereum</a>-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.

The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the <a href="https://www.coingecko.com/en?hashing_algorithm=Delegated+Proof-of-Stake&view=market">delegated proof-of-stake (dPOS)</a> where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.

Baking & Endorsing
Baking is what Tezos refers to as the action of signing and publishing a new block in the chain. Bakers need at least 8,000 XTZ to qualify as a delegate, and having additional delegated stake increases their chances of being selected as a Baker or Endorser.

At the beginning of each cycle (4096 blocks), the Bakers for each block are randomly selected and published. Bakers earn a block reward of 40 XTZ for baking a block.

In addition to the Baker, 32 Endorsers are randomly selected to verify the last block that was baked. Endorsers receive 1.25 XTZ for each block they endorse.

Block Rewards & Inflation
Block rewards are funded by protocol defined inflation. Rewards are calibrated so that the number of XTZ tokens grows at roughly 5.5% per year. If 100% of Tezos tokens are delegated, the annualized yield will be 5.5%. As of May 2021, approximately 78.8% of Tezos tokens have been delegated, including the 10% owned by the Tezos Foundation, so the annualized yield is roughly 5.8%.

To ensure Bakers and Endorsers act honestly, they are required to post a security deposit for each block they Bake or Endorse. They forfeit this deposit in the event of malicious activity, such as double baking or double endorsing a block.

In 2018, Tezos successfully launched their main network after delaying the launch due to corporate governance disputes. The Tezos foundation planned to transition the network to a mainnet, or a more complete version. The foundation has also raised $232 million in July 2017 to build the network and issue a new type of cryptocurrency to its backers in one of the largest- ever initial coin offerings. The founders have also made it clear in their blog that the network is using a new blockchain technology hence unexpected issues may still occur affecting the network.

Check out <a href="https://www.coinbureau.com/review/tezos-xtz/">CoinBureau</a> for the complete review of Tezos.

Social

Laser Scorebeta Last Audit: 30 May 2022

report
Token seems to be legit.

Anti-Scam

Links

BEP20Tezos.allowance(address,address).owner (#419) shadows:
- Ownable.owner() (#297-299) (function)
BEP20Tezos._approve(address,address,uint256).owner (#582) shadows:
- Ownable.owner() (#297-299) (function)
Rename the local variables that shadow another component.

Additional information: link

BEP20Tezos._burnFrom(address,uint256) (#596-599) is never used and should be removed
Context._msgData() (#113-116) is never used and should be removed
SafeMath.div(uint256,uint256) (#212-214) is never used and should be removed
SafeMath.div(uint256,uint256,string) (#227-234) is never used and should be removed
SafeMath.mod(uint256,uint256) (#247-249) is never used and should be removed
SafeMath.mod(uint256,uint256,string) (#262-265) is never used and should be removed
SafeMath.mul(uint256,uint256) (#187-199) is never used and should be removed
Remove unused functions.

Additional information: link

Variable BEP20Tezos._decimals (#347) is not in mixedCase
Variable BEP20Tezos._symbol (#348) is not in mixedCase
Variable BEP20Tezos._name (#349) is not in mixedCase
Follow the Solidity naming convention.

Additional information: link

Redundant expression "this (#114)" inContext (#104-117)
Remove redundant statements if they congest code but offer no value.

Additional information: link

BEP20Tezos.constructor() (#351-359) uses literals with too many digits:
- _totalSupply = 4000000 * 10 ** 18 (#355)
Use: Ether suffix, Time suffix, or The scientific notation

Additional information: link

renounceOwnership() should be declared external:
- Ownable.renounceOwnership() (#316-319)
transferOwnership(address) should be declared external:
- Ownable.transferOwnership(address) (#325-327)
increaseAllowance(address,uint256) should be declared external:
- BEP20Tezos.increaseAllowance(address,uint256) (#465-468)
decreaseAllowance(address,uint256) should be declared external:
- BEP20Tezos.decreaseAllowance(address,uint256) (#484-487)
mint(uint256) should be declared external:
- BEP20Tezos.mint(uint256) (#497-500)
burn(uint256) should be declared external:
- BEP20Tezos.burn(uint256) (#505-508)
Use the external attribute for functions never called from the contract.

Additional information: link

Holders:
No disclosed threats


Unable to find Youtube account


Unable to find audit link on the website


Token is not listed at Mobula.Finance

Additional information: link

No disclosed threats

Price for XTZ

News for XTZ