Tezos (XTZ) is a self-amending blockchain designed to facilitate smart contracts and decentralized applications (dApps). Its key features include on-chain governance, which allows stakeholders to vote on protocol upgrades without the need for hard forks, and a consensus mechanism combining proof-of-stake (PoS) and a unique baking process. Tezos emphasizes security, formal verification, and adaptability to future technological advancements.