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TEZOS (XTZUSD)Tezos (XTZUSD) is a decentralized blockchain platform that facilitates the creation of smart contracts and decentralized applications (dApps). It is a self-amending blockchain that enables upgrades and improvements without the need for hard forks. Tezos employs a unique consensus algorithm called Liquid Proof of Stake (LPoS), which allows token holders to participate in transaction validation and earn rewards. The platform also features formal verification, a technique that mathematically proves the correctness of smart contracts, making them more secure and reliable. Tezos aims to provide a more democratic and transparent blockchain ecosystem, where stakeholders have a say in governance and decision-making processes. The native token of the Tezos platform is XTZ, which is used to pay for transaction fees and participate in network governance. Tezos has gained popularity among developers and investors due to its innovative features, strong community support, and potential for growth in the decentralized finance (DeFi) space.
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