What is Tezos (XTZ)?
Tezos is a secure, upgradeable, open-source blockchain network that can run complex smart contracts and decentralized applications (DApps).
Tezos Coin (XTZ) – The Tezos network is powered by its native coin XTZ, also known as ‘tez’. Used for interacting with the network and protocol governance.
Smart Contracts & Formal Verification – Developers can create smart contracts representing real-world value (financial assets, ect.) with formal verification. Developers can use formal verification to mathematically prove the program code performs correctly.
Self-Amendment (Futureproof) – With self-amendment, Tezos can upgrade itself without the need for a hard fork. This reduces protocol upgrade costs and allows for the seamless integration of future innovations.
Liquid Proof-of-Stake (PoS) – Any Tezos stakeholder can delegate tez coins to earn rewards by participating in the consensus process, without any lock-in or freeze mechanism.
Baking – The Tezos ledger is secured with the ‘baking’ PoS consensus mechanism, which ensures all block transactions are correct and prevents double-spending.
WEBSITE: https://tezos.com/
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