Tezos (XTZ)

An introduction into the Tezos network
Written by StakeSeeker
Updated 1 year ago

Tezos (XTZ)

Tezos is an open-source platform for assets and applications that can evolve by upgrading itself. Stakeholders govern upgrades to the core protocol through community driven on-chain governance, including upgrades to the amendment process itself, making it a self-amending blockchain. Tezos uses a proof-of-stake (PoS) staking consensus mechanism (known as ‘baking’ in Tezos).

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