Tezos is a blockchain network known for its self-amending capabilities and liquid proof-of-stake (LPoS) consensus mechanism. It allows users to vote on network changes, which are then automatically implemented without the need for forking. Participants can stake their XTZ to earn rewards, and bakers who validate transactions must hold 8,000 XTZ. Tezos’ self-amending blockchain reduces the chance of splits, and its Michelson smart contract language ensures reliability. It's used in financial agreements, including projects like DAR-1 tokens for anti-money laundering compliance.