What is Tezos?
Tezos is a public, open-source blockchain protocol relying on a low power consumption and energy-efficient consensus. The protocol also incorporates a self-amending governance system, which allows continuous improvements while preserving the integrity of this consensus. This is a rare feature that eliminates hard forks troubles. Tezos is also fundamentally designed to provide code safety through Formal Verification.
Tezos key points
Compared to previous blockchains generation (mainly Bitcoin and Ethereum), Tezos stands out through 3 main characteristics:
Self-amending governance: avoiding hard forks (e.g. Ethereum / Ethereum Classic)
LPoS (Liquid Proof of Stake) consensus mechanism: consuming far less energy
Smart contracts codes can be written with "Michelson" language: facilitating Formal Verification
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