Dropee question of the day code 10 December What is the native cryptocurrency of the Tezos blockchain?

Dropee Question of the Day Code 10 December: Here is the answer to today's Dropee Question of the Day: What is the native cryptocurrency of the Tezos blockchain? and the answer is XTZ

by Shoba

Updated December 10, 2024 9:16 AMDec 10, 2024

Dropee question of the day code 10 December What is the native cryptocurrency of the Tezos blockchain?

Today's Dropped Question of the Day Code 10 December 2024

We have the answer to Dropee Question of the Day Code December 10, 2024 puzzle. This answer will help you finish the puzzle you’re working on.

Article continues below advertisement

Here is the today's dropee question of the day code Answers for 10 December.

QUESTION: What is the native cryptocurrency of the Tezos blockchain?

ANSWER: XTZ

The native cryptocurrency of the Tezos blockchain is XTZ, often referred to as "tez" or "tezzies." Tezos is a decentralized blockchain platform designed to support smart contracts and decentralized applications (dApps). What sets Tezos apart is its self-amending governance mechanism, which allows the blockchain to evolve and upgrade itself without the need for hard forks.

This feature ensures adaptability and long-term scalability. XTZ serves multiple functions within the ecosystem: it is used to pay transaction fees, participate in staking (referred to as "baking" in Tezos terminology), and engage in governance decisions by voting on proposed protocol upgrades. By holding and staking XTZ, users contribute to network security and play an active role in shaping the future of the Tezos platform.

All Other Puzzle solutions for Today January 22, 2025

Our comprehensive guide provides answers to all other puzzles, helping you solve today's challenges effortlessly. If you're stuck, use our guide to find the solutions you need.

Recent Articles

Stay updated on the latest in entertainment, general news, puzzles, gaming, tech, and more with a comprehensive roundup of recent articles covering a wide range of topics, ensuring you're informed and entertained across various interests.

Dropee question of the day code 10 December What is the native cryptocurrency of the Tezos blockchain?

Today's Dropped Question of the Day Code 10 December 2024

All Other Puzzle solutions for Today January 22, 2025

Recent Articles

Onepiecedle

Narutodle

This brand is the largest sportswear manufacturer in which continent?

Which sport first appeared in the Winter Olympics in 1936?

Which Hollywood superstar portrays the role of MMA legend Matt Kerr in the biopic 'The Smashing Machine'?

Which country topped the list of UN's Human Development Index?

The iconic Air India building at Nariman Point was handed over to which state government?

Who is Ryan Day Wife?

Onepiecedle

Narutodle

Is Derrick Henry Injured?

When will TikTok be Back in the App Store

Onepiecedle

Narutodle

Which was the first country to make this drink?

Which state is the largest producer of this?

Which Asian country’s passport has been rated the most ‘powerful’ in the world for 2024, according to the Henley Index?

Jane Fraser is the current CEO of which bank?

Which director won his first directing Oscar in 2024?

Did David Lynch Die?

About Rojgarlive