Tezos is a self-amending blockchain which is able to evolve and upgrade itself over time through its formal and democratic amendment process. While other chains have to go through a hard-fork to upgrade their protocol, which can be detrimental to the community and the network effects that have been formed over time; Tezos is able to circumvent this common practice through its self-amending nature and on-chain governance.
Tezos utilizes a unique Liquid Proof-of-Stake (LPoS) consensus mechanism, allowing for a true digital commonwealth to be established, maintaining a dynamic group of validators and facilitating token holder coordination and, accountable governance.
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