Tezos is a technology that powers a distributed, peer-to-peer, permissionless network. No single entity owns, manages, or controls “Tezos.” Understanding this paradigm is fundamental to understanding Tezos. The Tezos Foundation is a Swiss foundation, supervised by the Swiss Federal Foundation Supervisory Authority, which is part of the Swiss Federal Department of Home Affairs. Its purpose is the promotion and development of new technologies and applications, especially in the fields of new open and decentralized software architectures, including the promotion and development of the Tezos protocol and related technologies. As highlighted in the Tezos position paper, the success of any decentralized network is determined by the efforts of a robust, diverse, and flourishing community. The foundation exists as a part of this ecosystem, alongside developers, scientists, network validators (“bakers”), enthusiasts, and many others all working towards the success of a platform.
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