Crypto 101: What is Tezos (XTZ)

In this video, we will be taking a closer look at Tezos, a decentralized blockchain network that supports smart contracts and decentralized applications. We will be discussing its unique consensus algorithm, formal verification, and its governance model that allows for the network to be upgraded and improved through a formalized process. We will also be exploring its cryptocurrency, Tezos (XTZ), and how it can be used to pay for transaction fees and traded on cryptocurrency exchanges. Additionally, we will cover the concept of "baking" and how it incentivizes network participation. By the end of this video, you will have a better understanding of what Tezos is and how it differs from other blockchain networks.

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