Tezos Announces the Activation of the Latest Core Protocol Upgrade in Mumbai 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 sol
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
In a recent announcement, Tezos, the Proof of Interest blockchain, has announced the activation of its 13th core protocol upgrade in Mumbai. Along with this upgrade, Tezos has introduced a two-layer extension solution known as Smart Rollups. This upgrade has brought several new features to the Tezos blockchain network, making it easier for developers to build on the chain using common programming languages like Rust, C, and C++. Moreover, Tezos has reduced its block out time from 30 seconds to 15 seconds, which means faster validation and processing of transactions.
Tezos’ WebAssembly Execution Environment
One of the most significant features of Tezos’ Mumbai update is the introduction of a WebAssembly (WASM) execution environment. Tezos’ WebAssembly execution environment allows developers to build on the chain using popular programming languages like Rust, C, and C++. The move is being seen as a great step towards making it easier for developers to create and deploy decentralized applications (Dapps) on the Tezos network.
Smart Rollups
Tezos has introduced a two-layer extension solution, known as Smart Rollups, as part of its latest core protocol upgrade. The Smart Rollups solution tries to solve the scalability issue of the blockchain by moving certain transaction processes off-chain. The process involves grouping multiple transactions off-chain to compress data and feed it back to the main-chain for processing. This method reduces the load on the main-chain and makes it possible to process more transactions per second. Smart Rollups help to reduce transaction fees, waiting times, and network congestion, which are common issues associated with traditional blockchain networks.
Interactive Fraud Proof & Pipeline Verification
Another significant feature of Tezos’ Mumbai upgrade is support for interactive fraud proof and pipeline verification. This means that the Tezos platform is now more secure and efficient than ever before. Interactive fraud proof is a safety measure put in place to ensure that transactions on the blockchain are valid. Pipeline verification, on the other hand, involves verifying the order of operations for the transaction processes.
Conclusion
The activation of the latest core protocol upgrade in Mumbai and the introduction of Smart Rollups by Tezos is a significant milestone in the blockchain world. The addition of the WebAssembly execution environment, Smart Rollups, and support for interactive fraud proof and pipeline verification has made the Tezos platform more efficient, secure, and developer-friendly. The reduced block out time means faster processing of transactions, which is excellent news for businesses and individual users.
FAQs
Q1. What is Tezos?
A1. Tezos is a blockchain network that aims to combine the best features of both Bitcoin and Ethereum.
Q2. How does the Tezos WebAssembly execution environment help developers?
A2. The Tezos WebAssembly execution environment provides developers with an easier way to build and deploy Dapps on the Tezos network using popular programming languages like Rust, C, and C++.
Q3. What are Smart Rollups?
A3. Smart Rollups are a two-layer extension solution introduced by Tezos to increase the efficiency, scalability and speed of the Tezos network. They help to reduce transaction fees and waiting times while maintaining high levels of security.
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