Formalizing blockchain governance.
Tezos is a new platform for smart contracts and decentralized applications. The Tezos protocol offers a formal process through which stakeholders can efficiently govern the protocol and implement future innovations. The Tezos blockchain was designed to facilitate formal verification, which helps secure smart contracts and avoid buggy code. Tezos’ unique proof-of-stake consensus algorithm gives every stakeholder the opportunity to participate in the validation of transactions on the network and be rewarded by the protocol for doing so.