Categories: Ethereum

Can You See Tezos as Ethereum Type Competitor? Winklevoss Twins do

Click here to view original web page at

Recently when the founders of the Gemini Cryptocurrency Exchange- Winklevoss Twins mentioned that they see Tezos as ethereum type competitor, the crypto-coin XTZ are enjoying a good soar. There was not a detailed discussion on it, but it was good enough to attract a good price push for the crypto token- XTZ. You can check out the Winklevoss twins mentioning about the crypto-coin in the SXSW 2019 video at around 49: 30-time spot.

Initially, the crypto-coin was trading at 0.41 U.S Dollar rate. But as soon as the SXSW 2019 video was released, the price of XTZ token gained a strong boost. This bullish improvement was covered in the Reddit post too. Tezos is the liquid proof-of-stake (LPoS) smart contract platform. The company seems to be having a hunger for further improvement and growth. In the Reddit post, they posted-

“Tezos: Protocol Amendment #1 Discussion Protocol amendment #1 (Athens)- With Nomadic Labs’ announcement of two competing amendment protocols, we have set up a discussion for everyone to participate in. I’ve selected a few volunteers for admins to guide it on Kialo. Everyone else is welcome and encouraged to join in the debate over which proposal offers the network greater value. Hope to see you all there.”

Although it is still showing strong momentum, the crypto-coin is currently trading at 0.4600 U.S Dollar. This serves as an all-time high in the past seven days. There are predictions about a solid resistance around 0.4700 U.S Dollar mark. This eventually may lead to price corrections in the near future.

More from Tezos land-

Recently American cryptocurrency giant Coinbase hired Luke Youngblood who is the architect of Tezos’s staking model. Also last December, Coinbase announced that it is considering adding XTZ- Tezos’ crypto coin to its ecosystem along with thirty other cryptocurrencies.

Secondly, the good start to this year has boosted Coinbase’s interest in Tezos. In the early March, a real estate portfolio- ‘Elevated Returns’ which is operated by the entrepreneur Stephane de Baets made a great announcement around Tezos. It said that it had 1 Billion U.S. Dollars worth of properties in a store that can be tokenized and released as STO’s, i.e. ‘Security Token Offerings.’ It will be done through Tezos. Stephane de Baets further added that-

“There is no better solution than working on a Tezos-based token implementation. […] We have some very high-profile deals lined up, and we could not afford to compromise the technological product.”


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Bitcoin {BTC} founder Satoshi Nakamoto will allegedly disclose his identity; Charlie Lee rejoices with regards to Bakkt launch

Satoshi Nakamoto was the man behind Bitcoin. His personal identity has remained secret for over a decade. Some believe that… Read More

2 hours ago

Crypto Community Reacts to Bakkt But Not all Are Bullish

The news that regulatory approval has finally been granted to Bakkt has generally been perceived as bullish for the industry.… Read More

2 hours ago

Bitcoin is not behaving like a safe-haven asset, says Ikigai founder Travis Kling

Kling doubts whether Bitcoin is ready to assume safe-haven responsibilities like its peers such as gold. Kling did note Bitcoin’s… Read More

2 hours ago

Istanbul Hard Fork: Ethereum Devs Agree to Make Six Different Code Changes

The developers of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), have finalized six different codebase modifications… Read More

2 hours ago

Blockchain Voting System in Moscow Municipal Elections Vulnerable to Hacking: Research Report

A recent research report by a French cryptographer demonstrates that a blockchain voting framework utilized in Moscow’s municipal elections is… Read More

2 hours ago

What Would It Take To Build A World Without Globalists?

Authored by Brandon Smith via, You can bet that whenever you find people analyzing the root of a problem… Read More

8 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More