The Tezos Mainnet Goes Live Monday, XTZ Price Jumps 18%
Have a great weekend, everyone, because mainnet arrives Monday!
— Tezos Foundation (@TezosFoundation) September 14, 2018
Tezos launched its betanet in July, shortly after closing an impressive $232 million ICO. The betanet was designed to build on the project’s alphanet with real-world applications by inviting community members to interact with the network to better debug and prepare for the full launch.
Tezos differentiates itself from many other blockchain platforms as it has the ability to essentially self-evolve by upgrading itself over time without having to hardfork and cause a divide in the community. While the platform is similar to Ethereum, EOS and TRON in its ability to support smart contracts and decentralized applications (dApps), Tezos takes the technology a step further through the implementation of a formal verification feature to prove the validity of smart contracts.
With the recent price spike, XTZ now boasts a market cap of $940 million, making it one of the largest blockchain platforms in the world by market cap.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.