Tezos

About Tezos

Tezos (XTZ) is an open-source blockchain platform designed for deploying smart contracts and decentralized applications with a strong emphasis on security and formal verification. What sets Tezos apart is its on-chain governance model and Liquid Proof-of-Stake consensus, allowing token holders to propose, vote on, and implement protocol upgrades without hard forks. This self-amending mechanism keeps the network evolving without community splits. Launched in 2018 by Arthur and Kathleen Breitman, Tezos supports a growing ecosystem of DeFi, NFT, and enterprise applications, with ongoing development focused on layer 2 scalability and broader programming language compatibility.