Tezos co-founder Kathleen Breitman explained the difference between the next Tezos upgrade, called Kathmandu, and major upgrades like the Ethereum (ETH) Merge, saying that the platform was designed to upgrade “seamlessly and without the use of a hard fork,” as she told Bloomberg’s Emily Chang in an interview published on September 22.
Kathleen Breitman said:
“With Tezos, the reason it’s been able to upgrade 10 times largely seamlessly is because, basically, the blockchain was made with upgrading itself in mind… So there’s a formal mechanism that makes this process pretty straightforward and pretty seamless.”
Tezos’ improvements, she explained, are extensive because her business has a unique approach to innovation that allows changes to “happen piecemeal” and prevent “boiling the ocean in one go.”
“Tezos consensus algorithm has been changed wholesale twice and it’s also had a number of different improvements that have inched towards scaling which I think is going to be the next big challenge for any blockchain, including Ethereum of course.”
In terms of Tezos‘ energy consumption and carbon footprint, Breitman stated that the blockchain has been proof-of-stake (PoS) since 2018, which means it uses far less energy and has a far lower carbon footprint than proof-of-work (PoW) networks like Bitcoin.
She concluded:
“Hopefully, with Ethereum’s transition to PoS, that part of the conversation at least starts to dissipate, and we can focus on more interesting questions about the cryptocurrency space.”
At the time of writing XTZ is trading at $1.491.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
Discover the success story of a New York tech entrepreneur who made $72M from a…
This website uses cookies.