Long-awaited “Tenderbake” Upgrade Revolutionizes the Tezos Blockchain
Tezos, one of the original and longest-running Proof-of-Stake blockchains, has activated the ninth upgrade to the protocol, codenamed “Ithaca 2,” after being voted in by the Tezos community.
Ithaca 2 replaces the current consensus algorithm (Emmy*) with Tenderbake – a revolutionary upgrade that sets the stage for a new era of innovation for the Tezos protocol.
The new Tenderbake consensus algorithm enables lower block times, which will result in faster transactions and smoother-running applications on Tezos.
The Ithaca 2 upgrade is an unprecedented achievement for blockchains and open-source decentralized software and demonstrates the effectiveness of the Tezos governance framework which was created to enable dramatic changes in design. In addition to Tenderbake, Ithaca 2 further prepares the Tezos protocol for ambitious scalability plans such as rollups for WebAssembly and EVM compatibility with pre-checking, a lightweight validation scheme for the mempool which will increase overall throughput. Lastly, the Ithaca 2 upgrade will reduce the requirement to become a network validator (“baker”) by 25% from 8,000 tez to 6,000 tez, strengthening the decentralized nature of Tezos.
Designed to evolve, Tezos’ advanced governance framework allows it to integrate cutting-edge innovations from across the blockchain industry through its proven self-amendment mechanism.
The Tezos ecosystem is composed of thousands of builders and creators developing projects at the application layer across arts and culture, financial services, and more. Over the past year, the ecosystem has seen adoption flourish as users, developers, brands, venture capital firms, strategic collaborators and others commit resources to build and grow Tezos in new ways.
Tezos is an energy-efficient Proof-of-Stake blockchain with an average annual energy footprint of 17 individuals.
About Tezos
Tezos is the smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today.
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