< P >Tezos is a self-healing blockchain that can upgrade itself over time. Stakeholders may vote on amendments to the agreement, not limited to any element of consensus on the proposal. Like Ethereum, Tezos supports smart contracts and provides a platform for others to build decentralized applications (Dapps) on top of them.

< P >Tezos is a blockchain network with Turing-complete smart contracts. The main network was officially launched in September 2018. As early as 2014, Tezos has noticed the governance defects of blockchain network and proposed the solution of on-chain autonomy at the earliest.

< P >Tezos protocol has been carefully designed to make parameter correction and protocol iteration more convenient. With on-chain autonomous systems, token holders can decide the upgrade path and priority of the system, which will help resolve disputes and avoid hard forks. In addition, Tezos uses the unique LPOS mechanism, which has more than 470 verifiers from around the world to protect the network, coupled with the formal verification design at the code level, to ensure the maximum security of the entire network.

Tezos is much like Ethereum in that it is a platform for creating smart contracts and Dapps without censorship. It uses POS consensus, which means it doesn't involve mining mechanisms similar to bitcoin, which is good for the environment. It also has a governance model to ensure that token holders have a say in determining the future direction of Tezos.