XTZ has strongly broken up the accumulation triangle and the MM200 and is now chasing the upper edge of the Keltner channel at 1.147
Tezos is a layer 1 (L1) independent blockchain, which means that it runs independently. One of the main advantages of Tezos is on-chain governance. This means that the core protocol can be updated through a democratic process, integrated into the blockchain code itself.
On-chain governance allows regular fork-free updates without the need for complex consensus and policy.
After a proposal is injected, voting is done on the chain and anyone who owns XTZ has voting power. After a majority vote, the protocol automatically implements the update without third-party interference.
Follow the support and resistance on the 8H
S: 1,038 / 0,945
R: 1,147 / 1,205
Tezos is a layer 1 (L1) independent blockchain, which means that it runs independently. One of the main advantages of Tezos is on-chain governance. This means that the core protocol can be updated through a democratic process, integrated into the blockchain code itself.
On-chain governance allows regular fork-free updates without the need for complex consensus and policy.
After a proposal is injected, voting is done on the chain and anyone who owns XTZ has voting power. After a majority vote, the protocol automatically implements the update without third-party interference.
Follow the support and resistance on the 8H
S: 1,038 / 0,945
R: 1,147 / 1,205