Tezos News Today – 2019 has been a tremendous year for Tezos (XTZ). It is one of the few altcoins that boasts of a great performance this year. The Tezos Foundation recently reviewed the partnerships, progress, and achievements of the blockchain network for the year. In the course of the year, the Foundation has consolidated crucial strategic partnerships with the aim of creating real use cases for the digital currency.
The Tezos Foundation focused on three major areas in its publication: partnerships, performance, and funded entities. The Foundation also gave great importance to the role that the Tezos community has played in the achievements during the year. In terms of the performance of the Tezos network, 430 new delegates joined the network during the year. This accomplishment is related to the growth that XTZ’s price has had during the year.
Furthermore, Tezos has introduced three new programming languages for smart contracts with six varieties of syntax. The governance model has also approved two updates. During the year, the blockchain of Tezos achieved a very important goal. Tezos became the first blockchain network to update automatically without using a hard fork.
Tezos also recorded great achievements in terms of partnerships. The Foundation collaborated with groups, banks, and platforms to further develop the potential of Tezos. Some of its relevant partners include Globacap, Securitize, Fundament Group, and BTG Pactual. Most of its partners will use XTZ as part of solutions applied to everyday life.
In addition, the Tezos community also recorded a considerable level of growth. Over the course of the year, there were three international TQuorum events with over three hundred participants. Five regional organizations were also founded in China, Brazil, Ukraine, Africa, and India.
During this year, many top crypto trading platforms enabled staking for Tezos (XTZ). Binance, Coinbase, and Kraken have seen the influx of new users on their platforms. The platforms promise its users a return of six percent per month, paid every day of the week. As a result of this, the price of Tezos has recorded an enormous level of growth this year.
The massive increase in the price of Tezos (XTZ) has also helped it to secure a spot on the list of top ten digital currencies by market cap. At the time of writing, Tezos (XTZ) is the tenth-largest digital currency by market cap. The price of the digital currency is up by about 300 percent this year. At press time, Tezos is changing hands at $1.52 after an increase of about 2 percent over the past twenty-four hours.