Buy XTZ (XTZ) with AUD

Introduction to Tezos

Tezos (XTZ) is a decentralized blockchain platform that enables self-amendment and on-chain governance. Tezos aims to provide a secure, upgradable, and decentralized platform for building and deploying smart contracts and decentralized applications (dApps). The XTZ token is used for governance, staking, and participating in platform activities.

How Tezos Works

Tezos operates as a self-amending blockchain where stakeholders can propose and vote on protocol upgrades and changes. The XTZ token is used for staking and participating in governance decisions. Tezos uses a liquid proof-of-stake consensus mechanism to secure the network and validate transactions, ensuring decentralization and security.

Advantages of Tezos

Tezos offers users a decentralized and self-amending blockchain platform, enabling continuous innovation and evolution. The platform's on-chain governance mechanism allows stakeholders to democratically decide on protocol upgrades and changes, ensuring decentralization and transparency. Tezos' liquid proof-of-stake consensus mechanism ensures security and scalability.