tezos-xtz

Book Hotels with Tezos (XTZ)

Do you know that you can use XTZ to pay for your hotel? At Travala.com, you can pay for your hotel and other travel products and have your bookings and payments confirmed in seconds.

What is Tezos (XTZ)?

XTZ is the native token to the Tezos blockchain protocol, Tezos addresses key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, and open participation by all stakeholders. Tezos features a unique proof of stake consensus mechanism that enables various participants in Tezos reach consensus on the state of the blockchain. Unlike other PoS protocols, any stakeholder can participate in the consensus and their tokens always remain liquid. Tezos also offers a platform to create smart contracts and build decentralized applications that cannot be censored or shut-down by third parties. Furthermore, Tezos facilitates formal verification, a technique used to improve security by mathematically proving properties about programs such as smart contracts. Lastly, self-amendment allows Tezos to upgrade itself without having to split (“fork”) the network into two different blockchains. This is important as the suggestion or expectation of a fork can divide the community, alter stakeholder incentives, and disrupt the network effects that are formed over time. Self-amendment enables coordination and reduces execution costs for protocol upgrades and future innovations can be seamlessly implemented. Any developer can submit a proposal to upgrade the protocol with an invoice attached so the developer is incentivized for their work.

 

Why start traveling with XTZ

 

XTZ offered a safe and user-friendly alternative for making payments and it is now accepted as a means of paying for your hotel room at Travala.com. When it comes to traveling with XTZ, Travala.com makes it easy for you! You do not need to share your financial information when you book a holiday with XTZ. You will have your booking confirmed in seconds, you can let Travala.com worry about the rest.

 

XTZ use cases

 

Since Tezos is a feature rich, open-sourced protocol, it can be used for all use cases that apply for a blockchain. Some use-cases that are being built for Tezos are multi-billion dollar security token offerings (STOs), Payments, Gaming, NFTs, DeFi applications, and store of value.An example of a few entities that are utilizing Tezos are Institutional investment banks for STOs, the French military police to validate expenses, a town in Switzerland for payments. Beyond these entities, there are multiple projects being built like Decentralized Exchanges, Stablecoins, NFT platforms, and games. 

 

 

Key achievements for XTZ to date

 

Tezos has successfully upgraded its protocol multiple times using its on-chain governance mechanism with voting from stakeholders. Some features that have been implemented through these upgrades is reducing gas fees by over 75%, lowering the minimum amount of tokens required to be a Baker on the network (from 10,000 to 8000 tokens), a new version of the consensus mechanism, privacy contract features, a ticketing system, and upgrading the governance mechanism with shorter cycles. Tezos is designed with evolution in mind, thus every module is able to be upgraded including the governance mechanism. Additionally, there are over 400 bakers in the Tezos network and an unprecedented 80% of the total network (Bakers and token holders) is staking to further strengthen decentralization.

 

The XTZ core team

 

Tezos was founded by Arthur and Kathleen Breitman, however there is no centralized ‘core’ team in Tezos, rather there are multiple dev teams around the world that work on the core protocol. Some dev teams that are working on the Tezos core protocol are Nomadic Labs, DaiLambda, MetaState, Ligo/Marigold, and TQ Tezos. Since Tezos is a decentralized, permissionless blockchain, any development team can submit an upgrade proposal for vote and attach an invoice to get paid for their work. If the proposal successfully gets voted by token holders though the on-chain governance mechanism, the protocol will autonomously mint the requested amount of tokens and pay the development team.

 

Other XTZ use cases beyond paying for travel products

 

You can start up a baker if you have the minimum amount of tokens and participate in the network. When you participate in the network, you can vote on protocol proposals and be rewarded with XTZ via staking.If you don’t have the minimum amount, you can still participate in the network by delegating your XTZ to a baker through a wallet. The great thing about delegating is that you don’t ever transfer the ownership of your tokens, they always remain liquid, you will be rewarded with XTZ, and the baker will vote for you for protocol upgrades. You can also use your XTZ for DeFi applications like providing liquidity for Dexter. Exchange or minting wrapped tokens.

 

To learn more about Tezos, please visit:
https://tezos.com/

How can I make payments for my hotel bookings with Tezos (XTZ)?

Select your hotel

Choose Tezos currency

coin.png

Search and choose your destination

search-destination.png

Choose your hotel & Select your room

choose-hotel.png

Fill out your details

Login or register your new account

check-out-not-login.png

Enter your personal details.

check-out-enter-detail.png

Pay for your hotel booking

Select your payment method - Crypto

checkout-payment-crypto.png

Choose "Tezos"

payment.png
Click on the button "Complete Reservation". Complete the booking by sending the amount in {{coin}} to the address shown.
You have now made your payment with Tezos. You will then receive a hotel booking email confirmation. Booking a hotel with Tezos is as simple as that and you’re ready to travel!

Book your hotel with Tezos today!

Other payment options

tezos.png

Book Hotels with Tezos (XTZ)

Do you know that you can use XTZ to pay for your hotel? At Travala.com, you can pay for your hotel and other travel products and have your bookings and payments confirmed in seconds.

What is Tezos (XTZ)?

XTZ is the native token to the Tezos blockchain protocol, Tezos addresses key barriers facing blockchain adoption to date: smart contract safety, long-term upgradability, and open participation by all stakeholders. Tezos features a unique proof of stake consensus mechanism that enables various participants in Tezos reach consensus on the state of the blockchain. Unlike other PoS protocols, any stakeholder can participate in the consensus and their tokens always remain liquid. Tezos also offers a platform to create smart contracts and build decentralized applications that cannot be censored or shut-down by third parties. Furthermore, Tezos facilitates formal verification, a technique used to improve security by mathematically proving properties about programs such as smart contracts. Lastly, self-amendment allows Tezos to upgrade itself without having to split (“fork”) the network into two different blockchains. This is important as the suggestion or expectation of a fork can divide the community, alter stakeholder incentives, and disrupt the network effects that are formed over time. Self-amendment enables coordination and reduces execution costs for protocol upgrades and future innovations can be seamlessly implemented. Any developer can submit a proposal to upgrade the protocol with an invoice attached so the developer is incentivized for their work.

 

Why start traveling with XTZ

 

XTZ offered a safe and user-friendly alternative for making payments and it is now accepted as a means of paying for your hotel room at Travala.com. When it comes to traveling with XTZ, Travala.com makes it easy for you! You do not need to share your financial information when you book a holiday with XTZ. You will have your booking confirmed in seconds, you can let Travala.com worry about the rest.

 

XTZ use cases

 

Since Tezos is a feature rich, open-sourced protocol, it can be used for all use cases that apply for a blockchain. Some use-cases that are being built for Tezos are multi-billion dollar security token offerings (STOs), Payments, Gaming, NFTs, DeFi applications, and store of value.An example of a few entities that are utilizing Tezos are Institutional investment banks for STOs, the French military police to validate expenses, a town in Switzerland for payments. Beyond these entities, there are multiple projects being built like Decentralized Exchanges, Stablecoins, NFT platforms, and games. 

 

 

Key achievements for XTZ to date

 

Tezos has successfully upgraded its protocol multiple times using its on-chain governance mechanism with voting from stakeholders. Some features that have been implemented through these upgrades is reducing gas fees by over 75%, lowering the minimum amount of tokens required to be a Baker on the network (from 10,000 to 8000 tokens), a new version of the consensus mechanism, privacy contract features, a ticketing system, and upgrading the governance mechanism with shorter cycles. Tezos is designed with evolution in mind, thus every module is able to be upgraded including the governance mechanism. Additionally, there are over 400 bakers in the Tezos network and an unprecedented 80% of the total network (Bakers and token holders) is staking to further strengthen decentralization.

 

The XTZ core team

 

Tezos was founded by Arthur and Kathleen Breitman, however there is no centralized ‘core’ team in Tezos, rather there are multiple dev teams around the world that work on the core protocol. Some dev teams that are working on the Tezos core protocol are Nomadic Labs, DaiLambda, MetaState, Ligo/Marigold, and TQ Tezos. Since Tezos is a decentralized, permissionless blockchain, any development team can submit an upgrade proposal for vote and attach an invoice to get paid for their work. If the proposal successfully gets voted by token holders though the on-chain governance mechanism, the protocol will autonomously mint the requested amount of tokens and pay the development team.

 

Other XTZ use cases beyond paying for travel products

 

You can start up a baker if you have the minimum amount of tokens and participate in the network. When you participate in the network, you can vote on protocol proposals and be rewarded with XTZ via staking.If you don’t have the minimum amount, you can still participate in the network by delegating your XTZ to a baker through a wallet. The great thing about delegating is that you don’t ever transfer the ownership of your tokens, they always remain liquid, you will be rewarded with XTZ, and the baker will vote for you for protocol upgrades. You can also use your XTZ for DeFi applications like providing liquidity for Dexter. Exchange or minting wrapped tokens.

 

To learn more about Tezos, please visit https://tezos.com/

How can I make payments for my hotel bookings with Tezos?

Select your hotel

To see and pay for your room in Tezos, please select the currency tab on the website header menu, and choose Tezos.

choose-currency-type-on-travala.png

Search and choose your destination, using the filter to select your preferred hotel, check-in and check-out date and the number of occupants and rooms.

search-hotels-on-travala.png

Choose your hotel & Select your room

choose-hotel-and-select-room-on-travala-website.png

Fill out your details

Enter your personal details. You can either login (if you already have an account with Travala.com) or register your new account to enjoy savings on all of your future hotel bookings.

fill-out-information-on-travala-website.png

Pay for your hotel booking

After entering all of your information, click the crypto payment method and select Pay using Tezos. The screen will show the price in both Tezos and your chosen fiat currency.

ipad.jpg

Click on the button "Complete Reservation". A popup will appear to make the payment. Complete the booking by sending the amount in Tezos to the address shown.

pay-for-hotel-with-bitcoin-on-travala.png
You have now made your payment with Tezos.
You will then receive a hotel booking email confirmation.
Booking a hotel with Tezos is as simple as that and you’re ready to travel!

Book your hotel with Tezos today!

Customer Reviews

As the leading Tezos-friendly accommodation booking platform, Travala.com always strives to bring our customers a seamless booking experience. Pay for your stay anywhere in the world using Tezos.

Other payment options