Tezos was initiated in 2014 by Arthur Breitman and Kathleen Breitman alongside a team of developers. In 2017, they raised funds worth 232 million dollars in Bitcoin and Ethereum through a campaign. The raised funds are managed by the Switzerland-based Tezos Foundation, which aims to gradually step back to empower Tezos Token users in governance decisions.
Tezos aims to establish a truly digital society capable of self-governance through a decentralized blockchain. This digital community, united by common interests, aims to further develop the platform through collective decisions made using Tezos (XTZ) tokens.
Tezos is a smart contract platform like Ethereum but allows modifications to the platform, unlike Ethereum’s smart contract system. This enables the necessary adjustments over time through the digital community’s decisions rather than hard forks, catering to emerging needs.
Necessary developments on the Tezos platform are carried out by developers. When a development is needed, software developers communicate this request to the Tezos digital community. The community supports the developer with Tezos (XTZ) tokens. This process subjects the proposed development to community approval, with the most supported development being implemented. The Tezos reward given to software developers incentivizes development work and compensates the developers.

Tezos (XTZ) is a smart contract platform. The most important point that distinguishes this platform from other blockchain systems is that project developments are made with the approval of the created digital community and allow development when deemed necessary.
System development is not possible in blockchain systems such as Bitcoin or Ethereum, and this causes hard forks in these networks.
On the Tezos (XTZ) platform, developments deemed necessary are determined by software developers and submitted to the vote of the Tezos digital community. The Tezos community donates Tezos (XTZ) tokens to the development it deems necessary, and the project of the software developer who collects the highest donations is made. In this way, software development is carried out in the direction desired by the society and software developers receive a reward for this work.

From its inception, unlike the PoW system used by Ethereum and Bitcoin which involves energy consumption through device operation, Tezos (XTZ) has enabled mining through a delegated PoS system. PoW systems used in Bitcoin and Ethereum lead to significant electricity consumption. In Tezos (XTZ) delegated PoS mining, having a sufficient amount of Tezos (XTZ) in your wallet is enough. There is no need for any device or electricity consumption for mining; it is done virtually.

Contrary to popular belief, buying Tezos (XTZ) with Turkish Lira in Turkey is very easy and fast. You can purchase Tezos (XTZ) without any need for technical knowledge.