CoinShots Logo
Tezos Activates Kathmandu Protocol Upgrade On Its Mainnet
Contributors to the Tezos blockchain activated the Kathmandu protocol upgrade. This was the 11th network upgrade for Tezos since its inception.
Harshvardhan
10:57 24th Sep, 2022
Adoption

Layer 1 blockchain Tezos activated an upgrade called Kathmandu, adding new scaling capabilities.

The Kathmandu upgrade went live on the Tezos proof-of-stake mainnet at block 2,736,129 on Friday at 4:30 p.m. ET, according to the Tezos team.

This was the 11th upgrade for Tezos since its inception in 2018, and one that promises potential scalability improvements.

According to the upgrade’s formal proposal, it has added the potential to support off-chain computation via Layer 2 solutions like optimistic roll-ups, and streamlined the block validation process for better transactional throughput. Furthermore, the contributors said that Kathmandu introduced a permanent testnet for experimenting with new features, and improved randomness in how the mainnet picks delegates for enhanced security, among other protocol improvements.

Kathmandu was proposed in July by Tezos contributors and development firms Nomadic Labs, Marigold, TriliTech, Oxhead Alpha, Tarides, DaiLambda and Functori & Tweag. It was later approved by the community through an on-chain governance process.

Source



CoinShots Logo

Services

Social

Get in touch:

© 2023 Coinshots (AtlasZero LLC). All rights reserved.