What is Tezos (XTZ)?
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What is Tezos (XTZ)?
Tezos is a blockchain project that stands out due to its built-in mechanisms for upgrading the network. Changes to the Tezos blockchain are code proposals made by people who own a certain amount of XTZ, which are then voted on by peers. Because Tezos is self-amending, there is never any need for any of that pesky hard forking business.
Smart contract platforms make up one of the most crowded and competitive sectors in the crypto industry. While solving the current technological problems is crucial for the space to mature, there are many different approaches to fulfill the high demand for base-layer smart contract infrastructure.
Useful for decentralized finance applications and digital asset management, Tezos, with its associated XTZ token, is one of the prominent players in this sector.
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