Tezos is a blockchain-based cryptocurrency platform that offers a decentralized, self-amending governance system. It is designed to enable the creation and execution of smart contracts. Tezos aims to address the challenges faced by blockchain networks, such as scalability, upgradability, and smart contract safety. The platform allows token holders to securely participate in the decision-making process regarding network upgrades and protocol amendments. Tezos operates on a proof-of-stake consensus algorithm, where participants can stake their tokens to secure the network and produce new blocks. It also offers a programming language called Michelson for developing smart contracts.
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