{"id":22897,"date":"2022-04-01T23:34:15","date_gmt":"2022-04-01T22:34:15","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=22897"},"modified":"2022-04-01T23:37:05","modified_gmt":"2022-04-01T22:37:05","slug":"tezos-activates-tenderbake-upgrade","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/tezos-activates-tenderbake-upgrade\/","title":{"rendered":"Tezos Activates Tenderbake Upgrade"},"content":{"rendered":"\n
Tezos, a proof-of-stake blockchain<\/a>, has launched its ninth upgrade, which alters the protocol's consensus process. The proof-of-stake blockchain's consensus algorithm has been modified to improve block times and performance.<\/h5>\n\n\n\n
\"Tezos
Tezos Activates Tenderbake Upgrade<\/figcaption><\/figure><\/div>\n\n\n\n

The proof-of-stake blockchain has launched its ninth upgrade, which alters the protocol's consensus process.
The upgrade, code-named Ithaca 2, replaces the current consensus method, known as Emmy, with Tenderbake, which enables speedier transactions and smoother-running applications, according to a press release.<\/p>\n\n\n\n

Ithaca 2 prepares the Tezos blockchain<\/a> for scalability efforts, such as rollups for WebAssembly and Ethereum Virtual Machine (EVM) compatibility, as well as pre-checking, a validation scheme that boosts throughput, in addition to Tenderbake.<\/p>\n\n\n\n

According to the press release, the Ithaca 2 upgrade would cut the cost of becoming a network validator by 25%, from 8,000 tez to 6,000 tez, further increasing the network's decentralization.<\/p>\n\n\n\n

The proof-of-stake blockchain smart contract calls have jumped from 100,000 per month in January 2021 to over 6.2 million in January 2022.<\/p>\n\n\n\n

According to a report, the price of Tezos' XTZ currency has grown\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> 4.6 percent to $3.92 in the previous 24 hours, while other cryptocurrencies have gained modestly.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tezos, a proof-of-stake blockchain, has launched its ninth upgrade, which alters the protocol’s consensus process. The proof-of-stake blockchain’s consensus algorithm has been modified to improve block times and performance. The proof-of-stake blockchain has launched its ninth upgrade, which alters the protocol’s consensus process.The upgrade, code-named Ithaca 2, replaces the current consensus method, known as Emmy, […]<\/p>\n","protected":false},"author":36,"featured_media":22898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[3982,8613],"class_list":["post-22897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-tezos","tag-ugrade"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/tezos-price-rally-gID_1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=22897"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/22898"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=22897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=22897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=22897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}