Supported cryptocurrencies:
BTC BTC
BCH Bitcoin Cash
NANO NANO
XTZ Tezos
0.45 XTZ
EnglishCan Tezos reach same popularity as Ethereum? What will it require to get it there?

I am aware of the Network effect that Ethereum has achieved. It is the defacto chain when coming to smart contracts, What are your thoughts on this issue? What will it take for Tezos to achieve same level of success. Obviously high tx fees not desirable.

brainermaxi 1 year ago
    Tags:
  • Tezos
  • Ethereum
  • Smartcontracts
  • Defi
question_image


said akzou 1 year ago
Put simply, Tezos (XTZ) is a smart contract platform that has a couple of unique features. Perhaps its most notable advantage is that Tezos has an on-chain governance model that allows the blockchain to implement changes automatically without a hard fork (split into two cryptos).
sudarsan 1 year ago
it is good to ask big trading platforms to list it
Chidera Obiakor 1 year ago
You have to consult some high trading platform
mohamed 1 year ago
its nice trading and high return
Miss Mike 1 year ago
To gain credibility it must not be on anything but the original block chain market place, for example, coinbase. Otherwise you risk setting off hacking entities. You also disestablish the original block chain mining law statutes that were set up to cover that 'universe'. Any other "bubble" would contravene established international law in relation to universality of domain, or possible galactic invasive cross-currents.
Michael Johnson 1 year ago
Strong foundation. Gotta advertise hardcore like it's the best. Tight knitted group of people with high expectations.
Matt 1 year ago
This is among the key reasons why Tezos can be described as secure, upgradable and built-to-last. XTZ is an open-source platform that is said to ensure outstanding accuracy due to its smart contracts. Moreover, its staking process involves the community, with people participating in governing the network by “Baking” , The current Tezos protocol increases the token supply by approximately 5.51% in the first year (based on constant block rewards of 16 XTZ/block and 2 XTZ/endorsement). This means that if all Tezos token holders bake with all of their tokens (i.e. the entire Tezos supply), baking rewards would be near ~5.51% per year.
KOGGERSON BILLY AKWE 1 year ago
Yes, it is possible. Just like Bitcoin which was not much value when it started but overtime it became the most popular.
oOTrySurvOo 1 year ago
That high risk no longer worth it
Ahmed 1 year ago
other than the high gas fees i dont think ethereum will go away and they will probably update it in the future to fix this issue
karl 1 year ago
I think Ethereum got the opportunity to start really early and evolve with a great project, Tezos on the other hand started the project much later so I think it will not achieve the same level of success
George 1 year ago
No. Never
Puga 1 year ago
As long as it is in circulation, the possibility is always open.
Boxmach5577 1 year ago
Yes it could if there were more people to support the project
stickman561 1 year ago
While nothing is impossible, Ethereum has the early-lead advantage over Tezos, and, more importantly, is more widely adopted. It will be very difficult for Tezos to catch up, let alone surpass the success of Ethereum. Look at it this way: there are plenty of other purpose-built Cryptos with different advantages. Tron and NANO have little to no transaction fees and instant confirmations, CRO is well-advertised and highly NFT friendly, Polygon is quickly becoming the main network for wrapped coins and stablecoins, Monero is almost completely anonymous... etc. With all these coins providing their unique benefits but staying low in value, does it seem likely that XTZ can shoot up hundreds or even thousands of dollars? Tezos has good marketing, but compared to platforms like Crypto.com, which have purchased shares in sports teams and recently acquired a stadium even that marketing somewhat pales in perspective. I wouldn't suggest betting on Tezos surpassing Ethereum, even if it does still look like it will grow in the future.
revanth kumar reddy Gaddam 1 year ago
Tezos currently ranks 42nd in the crypto sector, as per CoinMarketCap. It is definitely worth watching in 2021. Many claim that Tezos will overtake other platforms for the deployment of dApps and smart contracts, including Ethereum, often referred to as the king of smart contracts.
nbantegn 1 year ago
yes it can , it need more buyer
Great Emmanuel 1 year ago Correct
Tezos wold have been far better than Ethereum because of its Initial coin offering but it was setback by legal issues. So, i suggest that Tezos could rise much higher even without raising the tx fees. It just depends on the value of its technological innovations and its ability to gain support because as it is, tezos is better suited with the future than many believed
Ashok 1 year ago
Alliance probably fill fix it...
Tezos to team up with some other coin.
Rider 1 year ago
Token brun ?
John Downes 1 year ago
Feeless transactions
ANGOUA Ngnoliosseh Dieudonne 1 year ago
The future Tezos seems very promising, since its structure is superior to that of Bitcoin and Ethereum in terms of its agility and its responsiveness to updates.
nima 1 year ago
i dont think so
Ibrahimsabah 1 year ago
Tezos became a well-known name in 2017 after one of the largest ICOs (Initial Coin Offering) at the time, raising $232 million. The journey to today has been bumpy but there is still a lot of promise for Tezos.

What Tezos offers traders is certainly unique. Their philosophy is not to focus on the actual technology, but how that technology is governed (which in turn leads to better technological solutions).

They believe that by putting governance first, Tezos will be able to develop more effectively and build more advanced infrastructure. Effectively, they want to nurture the evolution of blockchain technology and aim to stick around for the long term.
Ron 1 year ago
Absolutely
ANGOUA Ngnoliosseh Dieudonne 1 year ago
This proximity of concepts is explained in particular by the common use of a so-called “ Turing-complete ” virtual machine , allowing the creation of decentralized applications. Tezos' governance model is based on self-management. Presented in the form of a “democratic” vote, this governance aims, among other things, to avoid hard fork phenomena.(splitting of a currency into two different currencies) suffered by Ethereum (with classic Ethereum) or Bitcoin ( Bitcoin Cash ). Another improvement offered by Tezos is its language, named “Michelson”, focused on increased security of the smart contracts thus issued. The consensus method of Tezos during a transaction is proof of stake ( prook of stake ). This implies that the issuer demonstrates that he has a sufficient amount of XTZ tokens to carry out the said transaction. This verification protocol is called Emmy+ and generally respects the principle of the Bitcoin algorithm, created by Satoshi Nakamoto . In parallel with these technical optimizations, the communication of Tezos allowed the project to make a name for itself in the financial world. As a result, Tezos represents (just like Ethereum) a bridge between the digital world and that of the traditional economy, with partners such as:

BTG Actual
Dalma Capital
Elevated Returns
The decentralized finance (Decentralized Finance, “DeFi”) that Tezos advocates focuses on various proposals:

Business organization ( DAO )
The representation of certain assets in the blockchain
The issuance of tokens through ICOs ( Initial Coin Offering )
The issuance of tokens through IEOs ( Initial Exchange Offering )
The issuance of tokens through STOs ( Security Token Offering )
Aishik 1 year ago
Belive me friend each and every currency will hold a fair amount of value it's the begining of the crypto era and more people are learning about this new term so I think it's worth
Eric 1 year ago
Vous devez consulter une plateforme de trading de haut niveau
ramazan 1 year ago
long-term patience, patience, I'm not saying anything else, those who buy and sell lose, they always say, the cure for this is patience.
busyindafields1 1 year ago
its having a high return, its nice to work with
Gianluca Cucini 11 months ago
wow tezos is the future. to the moon
Gianluca Cucini 11 months ago
Tight knitted group of people with high expectations.tezos the future
rk 11 months ago
tezos has to Make some efforts to improve his projects and Make it Big to catch the World's attention
Mueez Adeyeye 11 months ago
To my opinion, Tezos can't compete or reach the ethereum price. What determine crypto price is the trading volume and the total supply of the coin (The total number of the coin that will ever exist).


Now if you're current about these crypto 24 hours trading volume you'll know that the ethereum is being trade in billions USD ($13.78 Billion) in the past 24 hours, and Tezos being millions ($415.77 Million USD) also in the past 24 hours. So Tezos cannot be compare with Ethereum in 24 hours trading volume


And also, according to the total supply of coins, beign different form the current supply. Current supply is the current supply of the coin in circulation, while the total supply is the total supply of the coin that will ever exist.


Now total supply of Ethereum is 119.51 million coins divided by 368.09 billion(Ethereum Market cap) give the current price of Ethereum which is $3,080.06. While the total supply of Tezos is 905.39 million Tezos divided by 4.06 billion ( Tezos market cap) give the current Tezos price $4.48

Note the Crypto that has low total supply will have more chance to increase in value than the one with more total supply. So Ethereum has more advantage in increasing than Tezos.
Hamid 11 months ago
I think you would convince Elon musk or other crypto gigs to put an add on twitter
Kashif Shahzad 11 months ago
I am aware of the Network effect that Ethereum has achieved. It is the defacto chain when coming to smart contracts, What are your thoughts on this issue? What will it take for Tezos to achieve same level of success. Obviously high tx fees not desirable.
Lourens Hugo 11 months ago
Yes,it can but it will require good advertisement and ppl to invest in Tezos more on the platform it is on,only then will it get more popular like Ethereum.
cryptobigg 11 months ago
Tezos just signed a huge sponsor deal with Manchester United and it will definitely help to establish their name to become more mainstream.
moinakguha88 11 months ago
it will take time to gain the popularity and increase its wealth even in long term
srenk 11 months ago
very possible, as long as you stay consistent from every project you run, & build a strong community
Ali Faizan 11 months ago
I think so I would b a good project in the future likewise dot
N20 11 months ago
of course, not just eth, even BTC. it depends on how popular it becomes. and u know the more popular it becomes, the more people show interest in it and the higher it's price shoots
masoud sagheb 11 months ago
What is there is the efficiency of these two platforms that, the further they move forward, the more their growth potential is seen.
Maleesha Thathsarani 11 months ago
What Is Tezos (XTZ) And Is It Worth Investing In It In 2022?
Is It A Good Time To Buy Tezos?
BUY TEZOS NOW
Last Updated January 24th 2022
25 MIN READ
What is Tezos (XTZ)? Is it worth investing in XTZ in 2022? Will Tezos overtake crypto giants, such as Bitcoin and Ethereum?

Tezos became a well-known name in 2017 after one of the largest ICOs (Initial Coin Offering) at the time, raising $232 million. The journey to today has been bumpy but there is still a lot of promise for Tezos.

What Tezos offers traders is certainly unique. Their philosophy is not to focus on the actual technology, but how that technology is governed (which in turn leads to better technological solutions).

They believe that by putting governance first, Tezos will be able to develop more effectively and build more advanced infrastructure. Effectively, they want to nurture the evolution of blockchain technology and aim to stick around for the long term.

If you want to buy or invest in Tezos XTZ quickly and easily, with 0% commission, check out eToro Exchange!
mjafz 11 months ago
I think you would convince Elon musk or other crypto gigs to put an add on twitter
mjafz 11 months ago
Tezos wold have been far better than Ethereum because of its Initial coin offering but it was setback by legal issues. So, i suggest that Tezos could rise much higher even without raising the tx fees. It just depends on the value of its technological innovations and its ability to gain support because as it is, tezos is better suited with the future than many believed
Daniel 11 months ago
I think we have to implement a new marketing plan where people can see all the advantages of tezos
Nishank 11 months ago
It's nice to hear it bro!
Timboslice 11 months ago
Tezos would need to expand its platform and grow by introducing new ways to use it as currently.
Maribelle Haddad 11 months ago
No it can't and won't.
faktor23 11 months ago
No i guess Not
faktor23 11 months ago
No i dont think
leinier 11 months ago
Tezos (XTZ) is a blockchain network that is linked to a digital token known as a tezzie or Tez. These tokens are not mined, because the network uses the Proof of Stake protocol, without mining, like Ethereum. The blockchain network is a self-evolving, open source platform designed to build and host applications and assets. Stakeholders are responsible for managing updates to the core protocol, including improvements made to the management process.
Tezos is considered a safe project.

Other advantages that we can find in Tezos are:

The idea of an expanded use of blockchain with overcoming problems that have become critical for other companies.
The presence of eminent personalities and solid hedge funds among investors.
Block structure of the network, which allows you to edit a part of the code without damaging the rest of the components.
Unique solutions in code and programming language.
The ability to update code, which makes forks unnecessary.
One of the big drawbacks of Tezos is the fact that it is not completely anonymous, unlike other types of cryptocurrencies. It is also necessary to note that Tezos is not an alternative digital currency. It is a Blockchain like Ethereum, whose objective is the promotion of smart contracts and decentralized applications. For this reason, it is not advisable to look at Tezos if your idea is to invest in a cryptocurrency that is later transformed into real currency.

Tezos has been a rather controversial blockchain project since its inception. In the beginning it had a lot of stellar sponsors and a strong development team. However, multiple differences between its founders and first investors turned into endless lawsuits and legal disputes. The popularity of Tezos has suffered due to these internal problems. In addition, the use of a single language can be the main drawback that can become an obstacle to scaling in the future.
Therefore, I consider this to be the main thing that needs to be improved.
leinier 11 months ago
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Vishal 11 months ago
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Ngoako 11 months ago
With a market cap of $2,757,954,984, Tezos currently ranks 42nd in the crypto sector, as per CoinMarketCap. It is definitely worth watching in 2021. Many claim that Tezos will overtake other platforms for the deployment of dApps and smart contracts, including Ethereum, often referred to as the king of smart contracts.
Olorunfemi Toyin clement 11 months ago
By creating awareness, engaging in advertisment on social media and lecture people on what they stand to gain by invest in Tezos
Olorunfemi Toyin clement 11 months ago
By creating awareness, engaging in advertisment on social media and lecture people on what they stand to gain by invest in Tezos
lenny89 11 months ago
tezos has potential of evolving faster than ethereum 2.0
fraco90 11 months ago
probably yes but depends on what will happen
vasanthi 11 months ago
For now Tezos has one unique feature that lacks in most of the Top named Cryptos.

thats the “On chain Governance” but this feature is not going to beat Eth. any way soon after its London Upgrade and scaling solution in ETH 2.0.

More over the ecosystem of Eth is way expanded with serious investments from Big names in Financial industry, who wont see Eth has any competitor owing to the community behind it.

they eyeing on the application layer usage of Ethereum, with current TPS and robust security its the most scalable and vast ecosystem to communicate and contain all.

every 2nd crypto contains eRC2o token for its application.

Tezos has developed similar attempts like Eth with a unique language of operation (michellson) by its developers which makes XTZ a unique, while I wonder it may limit its usability in future when more and more applications get built on Eth.

so undoubtedly XTZ is a good ecosystem however one cant compare with the Dominance of Eth.

the tokenomics of Eth has vastly improved with potential Fee burns. and simultaneous lock of Eth in Defi smart contract and Eth 2.0 contracts
saulius 11 months ago
advanced technollogy so it could reach more then that
ihsan 11 months ago
i prefer xtz
Zane Domdingnus 11 months ago
Tezos has the potential of evolving faster than Ethereum 2.0. When a developer wants to create an application that can't be shut down, they build on Ethereum. On the other hand, if scalability and fast transaction speeds are a priority, Tezos is the better protocol
Dulina 11 months ago
I don't think...
itsdarkface 11 months ago
yes it can be. But it's almost impossible because it needs many people to support XTZ project wich is not a popular coin. So may be it will hit a high price in the future but it's very hard .
Abdullah 11 months ago
XTZ works within smart contract projects ETHEREUM manages an entire Erc-20 network the difference is quite simple to understand
Abdullah 11 months ago
XTZ works within smart contract projects ETHEREUM manages an entire Erc-20 network the difference is quite simple to understand
Miles 11 months ago
I don’t think it will reach the same as ETH
Jhonjulios Lantaca 10 months ago
One of the nicest crypto
Muhammad Tariq Hameed 10 months ago
It’s not only its decentralised nature that makes Tezos unique. Tezos is based on an on-chain governance model, which means that users can participate in the decision-making ecosystem and facilitate automatic changes without risking the occurrence of hard forks.

As we’ve seen with Bitcoin Cash and Ethereum Classic, the possibility of factions breaking off to start their own project because of disagreements can greatly harm the development of cryptocurrency.

This also makes Tezos one of the most democratic blockchain platforms in the cryptocurrency sector.
Ariman 10 months ago
More validators..
More social fame..
aris geronimo 10 months ago
Both Tezos and Ethereum support smart contracts; however, there some are differences in terms of the language used for coding smart contracts on each of these platforms.

Ethereum uses Solidity, which is an object-oriented, high language programming language.

Solidity provides support for custom user types, libraries, and inheritance qualities.

Tezos, on the contrary, uses Michelson for writing smart contracts.

Michelson is designed specifically for Tezos, with unique features, such as data structures, functions, and stack-based programming.

It is critical to understand that Michelson supports formal verification, which is critical for transactions (escrow smart contracts) involving substantial financial resources; Ethereum doesn’t support formal verification.

In short, Tezos offers the security enterprises may seek before conducting business over the blockchain.

Additionally, Michelson produces a bytecode that can be easily understood or made sense of, making it a suitable option for escrow smart contracts.

Ethereum bytecode, on the contrary, resembles assembly output, making it hard for non-programmers to introspect.
Kick2022 10 months ago
Tezos has not a good future there are many simple coins better like nano....
javad55 10 months ago
Feeless transactions
Halit 10 months ago
Tezos anlaşmarını yenileyip daha büyük işler ve piyasada sağlam pumla 1 süre hızlanabilir ama eth çok geniş bi ağa sahip yakalayabileceğini sanmıyorum
Andini 10 months ago
Yes pretty sure can be like ethereum or btc
Tiam nadri 10 months ago
Sustainability is a big issue for proof of work cryptos, they might be out of picture in near future (like 5 years) and it damages the reputation of cryptocurrencies altogether. BTC and ETH where so successful because they had the first mover advantage. The similer success is only possible for a new environment project like a token for metaverse, otherwise it's very unlikely that any of the currently existing coins will gain such popularity as those two
Fabio Suma 10 months ago
Penso che Ethereum abbia avuto l'opportunità di iniziare molto presto ed evolversi con un grande progetto, Tezos d'altra parte ha iniziato il progetto molto più tardi, quindi penso che non raggiungerà lo stesso livello di successo
[email protected] 9 months ago
There is a possibility for tezo to replace ethereume but it might likely take years
[email protected] 9 months ago
There is a possibility for tezo to replace ethereume but it might likely take years
AstonMartin51 9 months ago
To me, it's a little bit hard for Tezos to reach same popularity as Ethereum. Especially, for people who don't understand about crypto, which basically only know about Bitcoin and Ethereum as a cryptocurrancies, even through Tezos is a smart contract platform that has a couple of unique features.
Олег Зорин 9 months ago
Ethereum is an older cryptocurrency, users trust it more.
Brain box 9 months ago
yeah it is gonna reach but... its gonna take like a lotta time to get to the same rate as ethereum
Etienne COLNOT 9 months ago
Avec des Tezos, faire du staking et ensuite acheter des NFTs
KaZ 9 months ago
Through trading
Nicky 9 months ago
It requires high volume and big exchanging platforms to list and finally more whales
Ionut Samson 8 months ago
The low fees will make a diffrence in the long run
William Brundza 8 months ago
One way to gain general crypto population name recognition and knowledge of value in what the coin does is to post on Coinbase - "Earn to Learn" information in brief easy to digest descriptions of what's important to know about Tezos. Participants typically earn token amounts of coins for participating in these lessons and are tested to verify their understanding of the information. I believe the system works very well and that it sees many Coinbase users participating in them.
mhmdrdwn 8 months ago
Saat ini, harga Tezos (XTZ) berada di level $4,2 Dollar per keping atau dalam rupiah, mata uang indonesia (idr) setara Rp 60 ribu per keping, Woww sih
Trinstow 8 months ago
This is among the key reasons why Tezos can be described as secure, upgradable and built-to-last. XTZ is an open-source platform that is said to ensure outstanding accuracy due to its smart contracts. Moreover, its staking process involves the community, with people participating in governing the network by “Baking” , The current Tezos protocol increases the token supply by approximately 5.51% in the first year (based on constant block rewards of 16 XTZ/block and 2 XTZ/endorsement). This means that if all Tezos token holders bake with all of their tokens (i.e. the entire Tezos supply), baking rewards would be near ~5.51% per year.
James Harris 8 months ago
For now Tezos has one unique feature that lacks in most of the Top named Cryptos.

thats the “On chain Governance” but this feature is not going to beat Eth. any way soon after its London Upgrade and scaling solution in ETH 2.0.

More over the ecosystem of Eth is way expanded with serious investments from Big names in Financial industry, who wont see Eth has any competitor owing to the community behind it.

they eyeing on the application layer usage of Ethereum, with current TPS and robust security its the most scalable and vast ecosystem to communicate and contain all.

every 2nd crypto contains eRC2o token for its application.

Tezos has developed similar attempts like Eth with a unique language of operation (michellson) by its developers which makes XTZ a unique, while I wonder it may limit its usability in future when more and more applications get built on Eth.

so undoubtedly XTZ is a good ecosystem however one cant compare with the Dominance of Eth.

the tokenomics of Eth has vastly improved with potential Fee burns. and simultaneous lock of Eth in Defi smart contract and Eth 2.0 contracts