Tezos is an open-source platform for assets and applications founded in 2017 by Kathleen and Arthur Breitman. It, like other blockchains, enables the development of smart contracts and decentralized applications (dApps). The native token of Tezos is XTZ. While the chain is popular for NFTs, its cryptocurrency ranks around 40th in terms of market cap. Tezos' selling point, however, has always been innovation rather than market dominance.

The ability of the Tezos blockchain to self-amend is one of its distinguishing features. This means that it can improve over time through a formalized protocol upgrade process. When combined with the fact that Tezos has long incentivized developers to create dApps on the platform, the chain is widely regarded as a market leader in terms of operability.
https://tezos.com

Tezos is a blockchain platform designed for smart contracts and decentralized applications (dApps). Unlike traditional blockchains, Tezos uses a unique governance model that allows its users to propose and vote on protocol upgrades without needing to fork the network. This self-amending mechanism ensures that Tezos can evolve smoothly over time.

Tezos employs a Proof-of-Stake (PoS) consensus mechanism, where participants can "bake" (stake) their tokens to help secure the network and validate transactions. This energy-efficient model reduces the environmental impact compared to Proof-of-Work systems like Bitcoin.

Tezos is also known for its focus on security, formal verification, and scalability, making it attractive for developers and organizations looking for a flexible and sustainable blockchain solution. Its native cryptocurrency is XTZ.