Bitcoin & Tezos

Juan Woodrow Ross Nevarez
2 min readJul 5, 2020

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Bitcoin() is a decentralized Crypto-Currency. This digital currency is without a central bank or single administrator or any major Central Authority. This currency can be sent from user to user on the Associate to Associate Network, without the need for intermediaries.

Image by Icons8_team from Pixabay

There are many Wallet Providers to hold Crypto-Currency including Bitcoin.
My personal favorite happens to be Coinbase located http://www.coinbase.com

Specific perks to using the Coinbase App is that Coinbase actually offers the opportunity to earn Crypto from Coinbase Earn, several Crypto-Currencies have a wait list for users to become educated on various currencies like Tezos.
Tezos also has a 4.90% Staking Rate.

As of August 5,2019 Coinbase has added Tezos (XTZ) to the supported assets list. Coinbase customers in qualifying countries are now be able to buy, sell, send, and receive Tezos (XTZ). For info about which products and regions will support the new asset, please see the Supported Cryptocurrencies page in app or on desktop website.

What are Tezos (XTZ)???

Tezos (XTZ) is a blockchain platform designed to support smart contracts, and decentralized applications as well. some features current include a formal verification system also known as (proof-of-stake), this function is designed to enable a transparent, democratic stakeholder community.

What is Proof-of-Stake???

Proof-of-stake is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. It is advised to check if Staking on Coinbase is supported in your country.

Essentially with Staking Tezos the goal is to have a High Holding rate so that the percentage turn over faster.

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