What is XTZ?

_{What is XTZ?}

Tezos, or XTZ for short, is a coin that runs on its own blockchain.
What is unique about Tezos is that it has planned the development approach of projects based on the blockchain itself.
This allows it to develop and upgrade, adapt itself without having to fork out of the original network.

_{Protocol Consensus:}

Tezos uses Delegated Proof-of-Stake (DPoS) consensus, also known as Liquid Proof-of-Stake.
This is the name of the structure that is placed for the XTZ coins that you have the right and can be a verifier of the data on the network.

_{Trilemma (Security, Speed, Scalability):}

Seguridad: With XTZ system designed for the validation of systematic data
Assuring the accuracy of data and code to the next level and increasing the security of use

snelheid: Tezos takes about 1 minute to build new blocks, which is considered moderate.
Compared to the operation of other chains today.

Scalabilità: In terms of scalability and flexibility, XTZ is also in demand.
Developing in this environment, Tezos is constantly updated with project management related to its Tezos block.

_{Founder/Date Founded:‍}

Tezos was founded by Arthur Breitman and Kathleen Breitman
By Arthur Breitman is a French mathematician and computer scientist.
Graduated from the country's leading institution, the École Polytechnique
In 2014, Arthur published the Whitepaper of Tezos under the pseudonym “L. M. Goodman”
Which explains the concept of a blockchain that can upgrade itself without creating a new network.
Aim is to solve the community rifts and separations that occur with other blockchains, such as Bitcoin and Ethereum.
For her part, Kathleen Breitman is an American entrepreneur, graduated from Universitas CornellDepartment of Economics
Prior to working at Bridgewater Associates (the world's largest hedge fund) and R3 CEV
which is a blockchain technology company for financial institutions.
Together with Arthur, she founded Dynamic Ledger Solutions (DLS) in 2015.
To make Tezos technology a reality, and later in 2017, the pair formed the Tezos Foundation.
in Suíça, to see the foundation and development of the structure of the project.

_{Purpose/Use Case:}

Tezos' goal is to be a blockchain that can develop itself with its own basic working principles.
For those who have a stake, or who have money, offers a guide for its development.
This element will allow Tezos not to have to make a hard fork to develop.
And in a long run, it has you, in the field of development and security.

_{Total Supply/ Limit or Unlimited:}

The initial number of XTZ bookings stands at 763 million Tezos, in XTZ's own infrastructure.
There will already be a process of increasing the number of coins in itself through rewarding people who contribute to the development of the network.
A,,,.
If the user wants, it is bad for the value of this project.

_{Supply Deflation:}

Tezos has no qualms about reducing the amount of coins or controlling the volume generated in the first place, but it does bring inflation (it is 5% per year on average).
Let's think of a reward distributed to those who participate as stakeholders and as a node to review, confirm and verify transactions.

This summary should give beginners a good introduction to Tezos and its place in the cryptocurrency landscape. As always, given the fast-paced nature of the crypto world, continuous learning and staying updated with recent developments is crucial.

_Source:‍

https://tezos.com/whitepaper‍
https://tezos.com/learn
https://developers.tezos.com
https://tezos.foundation
https://tezos.com/why-tezos

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