XTZ (Tezos)

XTZ, also known as Tezos, is a decentralized, open-source blockchain platform designed to facilitate smart contracts and decentralized applications (dApps). It is unique in that it allows holders of Tezos coins to participate in the governance and decision-making processes of the network, through a consensus mechanism called "baking". Tezos was created in response to some of the scalability and governance issues faced by other blockchain platforms like Bitcoin and Ethereum. Its creators intended to solve these problems by allowing for easier upgrades and modifications to the network. Additionally, Tezos utilizes a formal verification system to increase security and reduce the risk of bugs and vulnerabilities in smart contracts. This feature allows developers to validate the correctness of code before deployment, ensuring that the code performs as intended. Overall, XTZ (Tezos) is a promising platform that aims to offer a more democratic, flexible, and secure blockchain ecosystem for developers and users alike.