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TEZOS News - IntoCryptoNews.comWhat is TEZOS?
According to the Tezos website, “Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth.”

Tezos (XTZ) is a blockchain network linked to a digital token, which is called a tez or a tezzie. Tezos is not based on the mining of tez. Instead, token holders receive a reward for taking part in the proof-of-stake consensus mechanism.

A commonwealth is a group that chooses to be linked together because of their shared goals and interests. The main aim of Tezos is to make their token holders work together to make decisions that will improve their protocol over time. The native Tezos token is XTZ.

There are a lot of features in Tezos that makes it unique. We will cover them later in the guide. For now, let’s give you a little background on the project.





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