• Tezos is a blockchain network associated with a digital token known as Tez or tezzie.

  • Network management is based on economic rates and excludes forks.
  • Tezos uses a proof-of-stake mechanism to validate transactions on the blockchain, which consumes less power than bitcoin mining.
  • After a very successful ICO, Tezos was plagued by power struggles and lawsuits.
  • After breaking $8 in October 2021, the price of Tez dropped to just over $2 by June 2022.