Tezos (XTZ) Meetup in Denver on February 27th

Tezos is a distinctive blockchain platform architected to facilitate and govern decentralized applications (dApps) and smart contracts.

Tezos, a blockchain platform designed for decentralized applications (dApps) and smart contracts, will be hosting a meetup in Denver on February 27th. The event will take place at the Industry Denver from 6:00 PM to 9:00 PM MST.

Attendees will have the opportunity to learn about Tezos, its technology, and its community. There will also be food, drinks, and music at the event.

To RSVP for the Tezos Denver meetup, please visit the Eventbrite page.

About Tezos

Tezos is a blockchain platform that is designed to facilitate and govern decentralized applications (dApps) and smart contracts. It is built on a decentralized governance system that allows the blockchain to be modified through a community-led decision-making process.

Tezos operates on a unique iteration of the Proof of Stake (PoS) mechanism, called Liquid Proof of Stake (LPoS). This mechanism allows participants who own more than 6,000 Tez (XTZ) to become delegates, or “bakers.” These bakers are responsible for creating, signing, and publishing new blocks on the Tezos blockchain and endorsing blocks produced by other bakers. The network also utilizes 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, has multiple functions within the ecosystem. It serves as a reward for participation in the creation and endorsement of new blocks, either directly or through delegation. It acts as a voting mechanism within the decentralized governance system. It is also a medium of value transfer and is used to pay for gas, the unit of computational effort in Tezos that is required for executing transactions and interacting with smart contracts.