Tezos (XTZ) is a decentralized blockchain network designed for smart contracts and decentralized applications without relying on traditional intermediaries. Launched in 2018, it stands out for its self-upgrading protocol, allowing the network to evolve without hard forks. Tezos uses an energy-efficient proof-of-stake mechanism to process transactions securely and transparently. Its native cryptocurrency, Tez (XTZ), is used for transactions and staking, playing a key role in the development of blockchain technology.

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