Tezos

What is Tezos?

Tezos is a decentralized blockchain platform that emphasizes self-amendment and on-chain governance. It was launched in 2018 with a unique consensus algorithm and a focus on formal verification, which enhances the security and reliability of smart contracts and protocols.

Key Features:

• Self-Amendment and On-Chain Governance
• Proof-of-Stake (PoS) Consensus Mechanism
• Formal Verification for Enhanced Security
• Support for Smart Contracts and DApps
• Decentralized and Self-Upgrading Network

Use Cases:

Tezos is used for building decentralized applications, creating and executing smart contracts, and experimenting with self-governance mechanisms in the blockchain space.