Key Points:
The Tezos X upgrade is set to introduce a groundbreaking Canonical Rollup solution designed to handle and massively scale all activities within the Tezos network.
Scheduled for launch in 2026, the upgrade marks a significant evolution from the current monolithic blockchain structure. It will implement a single Canonical Rollup for transaction execution, akin to Ethereum‘s layer-2 scaling solutions but consolidated into one network.
The roadmap outlines a meticulous two-year development plan, emphasizing the separation of transaction execution into the Canonical Rollup, while the main Tezos blockchain continues to serve as the foundational layer for consensus and settlement. The modular design enables interconnected groups of nodes to specialize in different tasks efficiently, maintaining decentralization and optimizing performance.
Tezos, founded in 2014, distinguishes itself with features such as Onchain Governance and Self-Amendment, alongside a sustainable proof-of-stake consensus algorithm. The platform’s architecture, influenced by a diverse team with backgrounds spanning philosophy to finance, positions it as a robust competitor in the smart contract platform landscape.
With Tezos X upgrade, developers aim to consolidate Tezos as the premier smart contract platform, leveraging its innovative upgrades to offer users a seamless and integrated blockchain experience. This advancement not only promises scalability and efficiency but also underscores Tezos’ commitment to sustainable blockchain solutions.
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. |
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