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Cryptocurrency News Articles

Tezos is organizing a Soirée with Nomadic Labs and Exaion (EDF) during Paris Blockchain Week

Mar 28, 2025 at 09:48 am

Tezos is organizing a Soirée with Nomadic Labs and Exaion (EDF) during Paris Blockchain Week on April 9th. The event will be held in Paris, uniting members of the blockchain community.

Tezos is organizing a Soirée with Nomadic Labs and Exaion (EDF) during Paris Blockchain Week

Tezos is hosting a Soirée at Paris Blockchain Week on April 9th. The event will be held in Paris and attended by members of the blockchain community.

"Save the date! 🗓️ Join Tezos, Nomadic Labs and Exaion (EDF) at Paris Blockchain Week on April 9th for a Soirée in Paris, bringing together members of the blockchain community."

Tezos is a distinctive blockchain platform designed to host and manage decentralized applications (dApps) and smart contracts. It's structured with a decentralized governance system that permits modifications to the blockchain through community-led proposals and votes.

Running on a unique iteration of Proof of Stake (PoS) named Liquid Proof of Stake (LPoS), Tezos engages participants holding over 6,000 Tez (XTZ) to become delegates, also termed ‘bakers’. These bakers prepare, sign, and publish new blocks on the Tezos blockchain, and endorse blocks produced by other bakers. The network leverages the Michelson programming language for the creation of smart contracts, which interact with the network's cryptocurrency, Tez, for transaction execution and gas payment.

The native token of Tezos, XTZ, or Tez, plays a multi-faceted role within the ecosystem. It serves as a reward for participation in the creation and endorsement of new blocks, either directly or through delegation. It functions as a voting mechanism within the decentralized governance system. Additionally, it's a means of value transfer and is used to pay for gas, the unit of computational effort in Tezos, needed for executing transactions and engaging with smart contracts.

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Other articles published on Mar 31, 2025