Hassan Maishera
The Tezos protocol has been successfully upgraded, ushering in a wide range of features that empower both users and developers.
Tezos Protocol Successfully Deploys its 20th Upgrade
The Tezos protocol announced its network upgrade on Monday, January 26th, following an on-chain governance process with broad participation from bakers (validators) and community members.
In a press release shared with Cryptowisser, the team said this latest upgrade, dubbed Tallinn, was developed by Nomadic Labs, Trilitech, and Functori. It marked 20 evolutions of the Tezos blockchain, proposed, adopted, and seamlessly activated by the protocol itself.
While commenting on the upgrade, Yann Régis-Gianas, Head of Engineering at Nomadic Labs, stated that,
“Adapting to market demand 20 times over 7 years without network disruptions, and in a fully decentralized way, is undeniable proof of Tezos’ reliability and future-proof design.”
The team pointed out that this latestupgrade shortens Tezos Layer-1 block time to 6 seconds, reducing latency and speeding up finality on the network’s censorship-resistant settlement layer.
This feature pairs naturally with Etherlink, Tezos’ EVM-compatible Layer-2, which already confirms transactions in under 50 milliseconds, now backed by Layer-1 finality in two blocks, or 12 seconds.
Another feature of Tallinn is that it enables all bakers (network validators) to attest to every block, instead of a subset of bakers. This brings stronger security and more predictable staking rewards to the ecosystem.
Tallinn achieves this by leveraging BLS cryptographic signatures, which aggregate hundreds of signatures into just one per block. By lightening the load on nodes, it also opens the door to further block time reductions.
Tallinn Introduces Address Indexing Registry
Finally, Tallinn introduces an ‘Address Indexing Registry’ that can improve storage efficiency by up to 100x for apps using the Michelson runtime. This feature is possible by eliminating redundant address data, and apps adopting this feature will benefit from lower costs and higher potential throughput.
Yann added that,
“Based on inputs from Tezos builders, our development team is excited to be able to offer such drastic improvements for enterprise-scale apps, large NFT ledgers, and other setups storing many addresses.”
This upgrade doesn’t come as a surprise, as the Tezos blockchain has continued to evolve seamlessly through protocol upgrades since it was launched in 2018. Each activation introduces a series of features designed to improve the overall experience of using and building on the network.
This latest upgrade comes a week after TenX Protocols Inc., a blockchain infrastructure company building staking solutions for the next generation of blockchain networks, acquired tez (XTZ), the native token of the Tezos blockchain, as part of a strategic staking partnership with the Tezos Foundation.
Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses, and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities.
