Understanding XTZ
What is Tezos?
Tezos is a self-amending, energy-efficient Layer 1 blockchain that supports smart contracts and formal verification, ensuring secure and bug-resistant code. With its on-chain governance, Tezos allows stakeholders to vote on protocol upgrades without the need for hard forks, making it one of the most evolving and future-proof blockchains in the space. Its low energy consumption also makes it an environmentally friendly alternative to traditional proof-of-work networks.
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