What is Tezos (XTZ)?

Deep Dive

1. Governance & Protocol Upgrades

Tezos pioneered on-chain governance, allowing stakeholders to propose and vote on upgrades directly (Tezos). Approved changes are implemented without splitting the network—a key differentiator from chains like Bitcoin or Ethereum. Since its 2018 launch, Tezos has executed over 15 major upgrades, including the 2025 Etherlink Layer 2 expansion for EVM compatibility and sub-second transactions.

2. Technology & Security

• Formal Verification: Smart contracts are mathematically proven to avoid bugs, making Tezos a preferred chain for high-stakes applications like uranium tokenization (CryptoSlate).
• LPoS Consensus: Users stake XTZ (minimum 8,000 tokens) or delegate to validators (“bakers”) to secure the network, earning ~6% annual rewards.

3. Ecosystem & Use Cases

Tezos supports:
- DeFi: Layer 2 Etherlink hosts protocols like Curve and Uniswap v3, with $82M+ TVL growth in 2025.
- Art & NFTs: Collaborations with museums (e.g., MoMI) and 500K+ NFT sales in 2025.
- Commodities: Uranium.io tokenizes physical uranium for 24/7 trading, backed by Tezos’ security (Tezos X).

Conclusion

Tezos blends adaptable governance with enterprise-grade security, carving niches in DeFi, art, and real-world assets. As blockchain interoperability and RWA adoption grow, can Tezos’ self-amending model keep pace with evolving market demands?