What is Tezos?

Tezos is a decentralized, public blockchain that evolves by upgrading itself.

Stakeholders of the Tezos network vote on amendments to the protocol to reach social consensus on proposals, creating a secure and organic upgrading mechanism.

The protocol's on-chain governance system, its consensus algorithm based on Proof-of-Stake(PoS), and its ability to facilitate formal verification of smart contracts, make Tezos an ideal long-term solution for high-value financial applications.