Tezos Activates 13th Core Protocol Upgrade and Introduces Smart Rollups

According to reports, the Proof of Interest blockchain Tezos has announced that it has activated the 13th core protocol upgrade in Mumbai and introduced the two-layer extension solution Smart Rollups. After the Mumbai upgrade, Tezos will provide a WebAssembly (WASM) execution environment, allowing developers to build on the chain using common programming languages such as Rust, C, and C++, making it easier for developers to create and deploy Dapp. Other upgrade features include support for interactive fraud proof, pipeline verification, and reducing block out time from 30 seconds to 15 seconds.

Tezos has activated the Mumbai upgrade and introduced the second tier expansion solution Smart Rollups

Introduction

The Proof of Interest blockchain Tezos has activated its 13th core protocol upgrade and introduced a two-layer extension solution called Smart Rollups. This upgrade, which happened in Mumbai, came with several features that would make developers’ lives easier. It included a WebAssembly (WASM) execution environment, where developers can now build on the chain using common programming languages such as Rust, C, and C++.

What is Tezos?

Tezos is a decentralized blockchain platform that aims to provide a more efficient and sustainable ecosystem for smart contracts and decentralized applications. It utilizes a self-governing system that enables stakeholders to propose, amend, and vote on changes to the network’s protocol.

Tezos 13th Core Protocol Upgrade

With the activation of Tezos’ 13th core protocol upgrade, the platform is now offering a more seamless experience for developers who want to build and deploy Dapps. The upgrade saw the reduction of block out time from 30 seconds to 15 seconds, thereby making transactions faster on the network.
The upgrade also brought about an interactive fraud-proof support system, which enhances the security of the network by allowing validators to flag potentially fraudulent transactions. This feature comes with pipeline verification, where fraud proof results can be computed in a more efficient manner.

Smart Rollups on Tezos

Smart Rollups is a scaling solution introduced by Tezos in collaboration with Scaling Solutions LLC. The solution aims to improve the network’s throughput by creating a second layer on top of the blockchain that handles all the computation-heavy tasks.
By introducing Smart Rollups, Tezos can now handle more decentralized applications without sacrificing efficiency or speed. Smart Rollups performs the transactions with less gas consumption, making it more cost-effective than traditional smart contract operations, which could be expensive.

How do Smart Rollups work?

Smart Rollups uses an off-chain network to hold transaction data, leaving the Tezos main network to only manage and verify data. The two-layer solution aims to bring about scalability to the network, making it capable of handling more transactions per second.

Benefits of Smart Rollups

The Smart Rollups solution comes with several benefits that make it a valuable addition to the Tezos network. One of such benefits is an increase in efficiency and throughput. It reduces the amount of data required to be processed on the main Tezos network while still maintaining the same level of security.
Another benefit is the reduced cost of smart contract operations. Smart Rollups processes transactions off the main network, thereby reducing the gas required for each transaction, making it more affordable for developers who want to build Dapps on the network.

Conclusion

The activation of the 13th core protocol upgrade in Mumbai and the introduction of Smart Rollups by Tezos is a significant milestone that contributes to the growth and sustainability of the Tezos ecosystem. These upgrades would make it easier for developers to create and deploy DApps while keeping the network fast, secure, and affordable.

FAQs

1. What is Tezos, and how does it differ from other blockchain networks?
Tezos is a self-governing blockchain platform that allows stakeholders to vote and propose changes to the network’s protocol. This system enables a more efficient and sustainable ecosystem for decentralized applications and smart contracts.
2. What is Smart Rollups?
Smart Rollups is a two-layer extension solution developed in collaboration with Scaling Solutions LLC. It provides a more efficient way of handling computation-heavy tasks, thereby increasing the network’s throughput without sacrificing speed or efficiency.
3. What are the benefits of Smart Rollups?
Smart Rollups reduce the gas required for smart contract operations, making it more affordable for developers who want to build DApps on the network. It also increases efficiency and throughput by processing transactions off the main network while maintaining the same level of security.