Tezos has enabled the Kathmandu protocol upgrade on its mainnet

Published on:

Last Updated on September 25, 2022 by Bitfinsider

Tezos activated the Kathmandu upgrade, which added new scaling capabilities.

According to the Tezos team, the Kathmandu upgrade went live on the Tezos proof-of-stake mainnet at block 2,736,129 on Friday at 4:30 p.m. ET.

Tezos’ 11th upgrade since its inception in 2018, and it promises potential scalability improvements.

According to the formal proposal for the upgrade, it has added the potential to support off-chain computation through Layer 2 solutions such as optimistic roll-ups, as well as streamlined the block validation process for improved transactional throughput. In addition, the contributors stated that Kathmandu introduced a permanent testnet for experimenting with new features, improved randomness in how the mainnet selects delegates for enhanced security, and made other protocol improvements.

Tezos contributors and development firms Nomadic Labs, Marigold, TriliTech, Oxhead Alpha, Tarides, DaiLambda, and Functori & Tweag proposed Kathmandu in July. The community later approved it through an on-chain governance process.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.