Tezos as part of the Web3 evolution.

Tezos (XTZ) is a blockchain platform distinguished by its focus on decentralized governance and the ability to evolve its protocol in a democratic manner. Here are more details on these key aspects:

Decentralized Governance: Tezos strives to decentralize the decision-making process on the network. XTZ token holders have the ability to propose and vote on changes to the protocol, such as software updates and improvements. This approach allows the community to actively participate in the direction and development of the platform.

Disruption-Free Protocol Upgrades: Tezos employs a protocol upgrade mechanism called "amendments" that allows changes to the network's software in a smoother manner. Proposed changes undergo a voting process, and if approved, they are implemented without the need for forks in the blockchain. This helps avoid disputes and divisions within the community.

Smart Contracts: Similar to Ethereum, Tezos supports the execution of smart contracts, enabling developers to create decentralized applications (dApps) on the platform.

Proof of Stake (PoS): Tezos utilizes a proof-of-stake consensus mechanism, where XTZ holders can participate in the transaction validation process and the creation of new blocks in proportion to the amount of tokens they own and are willing to "stake" as collateral.

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