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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.