Tezos (XTZ) is a platform for creating decentralized applications, which was launched in 2018. It was created as a competitor to Ethereum, and its goal is to provide a faster, safer and easier-to-use platform for creating smart contracts and decentralized applications.Tezos is an open source platform, which means that anyone can download and view the source code.
It also has its own cryptocurrency XTZ, which is used to pay transaction fees and for staking.One of the main features of Tezos is its flexibility and the possibility of automatic protocol updates.
This allows developers to quickly and easily make changes to smart contracts and applications without violating the integrity of the blockchain. One of the main features of Tezos is its voting mechanism, which allows token holders to make decisions about future changes on the platform, which makes Tezos a very democratic platform that takes into account the opinions of all participants.
This means that protocol updates can be made without the need for hard branching of the block chain. Tezos also provides the ability to create smart contracts in several programming languages, including Michelson, its own functional programming language.
In addition, the Tezos platform can be used to create decentralized applications of varying complexity and scale.In addition, Tezos has a high transaction speed and low fees, which makes it very attractive for use in various applications and services.
It also has a high degree of security due to its architecture, which allows you to avoid various hacker attacks.In general, Tezos is a very interesting blockchain platform with many unique features and capabilities.
It can be used to create various decentralized applications and services, as well as to solve various financial and business problems.