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Blockchain

Tezos Launched The Kathmandu Update On Its Mainnet

September 24, 2022 - Around 1 mins mins to read
Blockchain at Layer 1 Tezos launched the Kathmandu update, which added additional scaling capabilities.
Tezos Launched The Kathmandu Update On Its Mainnet

According to the Tezos team, the Kathmandu update went live on the proof-of-stake mainnet at block 2,736,129 on Friday at 8:30 a.m. UTC.

The 11th upgrade since its start in 2018, and offers possible scalability improvements.

According to the formal proposal for the update, it has introduced the possibility to allow off-chain computing through Layer 2 solutions like as optimistic roll-ups, as well as optimized the block validation process for improved transactional performance.

In addition, the authors stated that Kathmandu developed a persistent testnet for testing with new features, increased randomization in how the mainnet selects delegates for greater security, and made other protocol enhancements.

Tezos Launched The Kathmandu Update On Its Mainnet

Tezos contributors and development businesses Nomadic Labs, Marigold, TriliTech, Oxhead Alpha, Tarides, DaiLambda, and Functori & Tweag suggested Kathmandu in July. The community later accepted it through an on-chain governance mechanism.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Kathmandu

Layer 2

Proof-of-Stake

Tezos

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Blockchain

Tezos Launched The Kathmandu Update On Its Mainnet

Blockchain at Layer 1 Tezos launched the Kathmandu update, which added additional scaling capabilities.
Tezos Launched The Kathmandu Update On Its Mainnet

According to the Tezos team, the Kathmandu update went live on the proof-of-stake mainnet at block 2,736,129 on Friday at 8:30 a.m. UTC.

The 11th upgrade since its start in 2018, and offers possible scalability improvements.

According to the formal proposal for the update, it has introduced the possibility to allow off-chain computing through Layer 2 solutions like as optimistic roll-ups, as well as optimized the block validation process for improved transactional performance.

In addition, the authors stated that Kathmandu developed a persistent testnet for testing with new features, increased randomization in how the mainnet selects delegates for greater security, and made other protocol enhancements.

Tezos Launched The Kathmandu Update On Its Mainnet

Tezos contributors and development businesses Nomadic Labs, Marigold, TriliTech, Oxhead Alpha, Tarides, DaiLambda, and Functori & Tweag suggested Kathmandu in July. The community later accepted it through an on-chain governance mechanism.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

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