What is XTZ?

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Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos embraces long-term upgradability, open participation, collaboration, and smart contract safety via its native token, Tez (XTZ).

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Tezos is designed to power the Web3 revolution and be the building block for the future of the internet.


Kathleen Breitman
Kathleen Breitman

Kathleen Breitman is the co-founder of Dynamic Ledger Solutions, which is leading the Tezos project. Before Tezos, Kathleen was a senior strategy associate for R3, a consortium of more than 70 financial firms.She has also worked at Accenture, Bridgewater Associates, and the Wall Street Journal. She holds a degree from Cornell University.

Arthur Breitman
Arthur Breitman

Arthur Breitman is the co-founder of Dynamic Ledger Solutions. He is married to Kathleen Breitman. Arthur was born and raised in France. He received a Master's in Mathematics from New York University in 2007. Arthur was an Associate at Goldman Sachs and later Vice President at Morgan Stanley. He left in 2016 to lead the Tezos Project, a cryptocurrency aimed at solving the problem of governance within the blockchain.

Learn more about XTZ

XTZ Markets

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XTZ Use Cases


At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with XTZ. Plus, you’ll receive a 2% giveback in AVA, Travala.com’s native cryptocurrency, on every accommodation booking.

Travala.com’s intuitive booking experience is designed to be familiar and simple to navigate. Travellers simply choose their desired travel product(s), enter their details, and select from the variety of available payment options, including traditional credit and debit cards, BTC, and 90+ other cryptocurrencies.


XTZ holders can delegate their tokens to a “baker” and receive rewards for supporting the security of the network and participating in governance. With the unique Liquid Proof of Stake mechanism on Tezos, token owners maintain control and flexibility over staked tokens, as they are not locked at any point during the delegation process.


In addition to validating transactions, bakers represent the staked tokens of delegators (stakers) when participating in network governance by voting on protocol upgrades. This approach ensures security, stability, and correctness, while allowing Tezos to upgrade seamlessly.


Developers around the world are using Tezos to build the foundations of a decentralised network and true digital commonwealth with smart contracts—from applications that break the status quo to rethinking what's possible in art, finance, identity, ownership, and more.

How to Pay with XTZ

Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.

Select your desired choice from the available options.

Enter the required traveller details.

Select Crypto as your payment method, then select XTZ.

Click Complete Reservation. In your XTZ Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact XTZ amount is entered and send the payment.

Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.

Buy, Sell and Trade XTZ

Exchanges where you can buy, sell and trade XTZ:

Store XTZ

Store your XTZ securely with the following wallets:

Are you an exchange or wallet provider that supports XTZ? Contact us to have your platform added to the lists above.


How does the self-amending protocol work?

Tezos can upgrade itself through an in-protocol amendment process without the need for a hard fork. Performing upgrades in this fashion accelerates innovation, reduces the likelihood of contentious splits, and coordinates stakeholders within the Tezos ecosystem over a long period of time. The amendment process comprises four periods which, in total, take about three months from proposal to activation and involve several rounds of community voting. For developers building on Tezos, upgradability provides a strong assurance that the protocol will operate smoothly long into the future. Learn more.

What is “baking”?
What is “delegating”?