Tezos

XTZ Launched 2018 source

What this page is: neutral, sourced facts about Tezos. Every line links where it was checked. 10 facts, 0 from primary sources. Educational, not financial advice.

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Launch

Its testnet was launched in June 2018, and its mainnet went live in September 2018. secondary source source

Founders and creators

Arthur and Kathleen Breitman. secondary source source
Tezos was first proposed in 2014 and created by husband-and-wife team Arthur and Kathleen Breitman. secondary source source

Origin story

The 2017 Tezos ICO raised $232 million. secondary source source
While working at Morgan Stanley in 2014, Arthur Breitman released two papers proposing a new type of blockchain under the pseudonym "L. M. Goodman". secondary source source

Stated purpose

Blockchain with on-chain governance. secondary source source

Consensus mechanism

Tezos' LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation. secondary source source

Supply model

The total supply is uncapped, with validator rewards increasing the total supply. secondary source source

Main uses today

Tezos uses an on-chain governance model that enables the protocol to be amended when upgrade proposals receive a favorable vote from the community. secondary source source

Notable events and controversies

Class action over the ICO settled for $25 million, paid by the Tezos Foundation (2020). secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

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