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What is XTZ
Tezos is a blockchain network with Turing-complete smart contracts. The main network has been officially launched in September 2018. Tezos had already noticed the governance flaws of the blockchain network as early as 2014, and the earliest proposed solutions for on-chain autonomy. Tezos' protocol has been carefully designed to facilitate parameter modification and protocol iterative updates more conveniently. Through the on-chain autonomous system, token holders can determine the system's upgrade route and priority, which will help resolve disputes and bid farewell to the hard fork of the network. In addition, Tezos uses a unique LPOS mechanism. At present, more than 470 validators from around the world have participated in protecting the network. In addition, the code-level formal verification design has ensured the maximum network security.
Token status and distribution
Total Supply: 763,306,930 XTZ