About Tezos

Tezos (XTZ) is a blockchain network and digital token that brands itself as a "self-amending blockchain." Its unique proof-of-stake system allows participants to directly control network rules, earning rewards in the process. Following a successful initial coin offering in 2017, internal disputes caused launch delays. Key Features: Like other platforms, Tezos enables smart contract development. Staking XTZ can yield around 4.66% APR. Its self-amending feature involves a "shell" (code that amends itself based on voting) and a "protocol" (code proposing changes to the shell). Tezos uses Liquid Proof-of-Stake (LPoS) to secure the network, validate transactions, and distribute new XTZ. Governance occurs through "baking," where users lock XTZ and become bakers (or delegate to bakers) to earn ...