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Tezos is a blockchain network that is designed to evolve by upgrading itself. Stakeholders govern upgrades to the core protocol, including upgrades to the amendment process itself. Tezos is a decentralized platform that supports smart contracts and offers a formal verification process, which helps secure smart contracts and avoid bugs.
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Website Key Features
Self-Amending Ledger
Tezos can upgrade itself without the need for a hard fork, thanks to its on-chain governance mechanism.
Formal Verification
A process that mathematically proves the correctness of the code governing transactions and boosts the security of smart contracts.
Liquid Proof-of-Stake
A more energy-efficient consensus mechanism than Proof-of-Work, allowing stakeholders to participate directly in the validation of transactions.
Smart Contracts
Tezos supports the creation and execution of smart contracts, enabling decentralized applications (dApps) to be built on its platform.
Decentralized Governance
Tezos stakeholders can propose, select, and implement changes to the protocol, ensuring the network evolves without splitting.
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Additional information
Founders
Arthur Breitman and Kathleen Breitman
Headquarters
Zug, Switzerland
Native Cryptocurrency
Tezos (XTZ), also known as a Tez
Initial Coin Offering (ICO)
Tezos raised $232 million in its ICO in July 2017, one of the largest at the time.
Notable Projects
Tezos has been used for various projects, including digital art marketplaces, decentralized finance (DeFi) applications, and more.
Security Features
Tezos emphasizes security and correctness, with features like formal verification and a focus on avoiding common smart contract vulnerabilities.
HTTP headers
Security headers report is a very important part of user data protection. Learn more about http headers for tezos.com