Tezos’ 12th Upgrade Delivers a Leaner and More Secure Blockchain
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Summary:Tezos, one of the original Proof of Stake blockchains, has activated the 12th upgrade to the protocol, “Lima,” which was voted upon and approved by th

TezosAs one of the original equity proof blockchains, Tezos community network voting has passed the 12th upgrade of the agreement "Lima". A new upgrade improves the freight volume, introduces a high standard and strict requirements for the verifier, and reduces the risk of errors in smart contracts

Tezos, which is environmentally friendly and energy-saving, is called "self correcting blockchain" because of its ability to seamlessly splice and upgrade the chain. This system allows Internet participants to put forward opinions and vote online on the upgrade and change of contracts. Lima upgrade means only the fourth agreement upgrade in 2022

According to the development team, the following are important improvements of Tezos functionality in LimaNomads Laboratory(Collaborate with all participants in Lima Upgrade):

  • Mass production lines, faster regional block chain– The Lima Agreement is a new "production line" certification project, which promotes the response speed of blocks and controls. Mainly through separationauthentication– Lightweight verification, such as assessing the accuracy of login password signature, or having sufficient funds to pay the fees – fromapplication– It implements the relevant content of the block, especially the expensive practical operations, such as smart contract activation.

Nowadays, newly received blocks have been authenticated only when they are sent to other equivalents. This role has promoted the rapid propagation of DB blocks on the Internet, which is a major step to reduce the duration of DB blocks to 15 seconds and increase the total freight volume of the first layer on Tezos.

  • Introduced consensus keyThe introduction of the consensus key of – will allow the verifier (baker in Tezos ecosystem) to specify a unique key (different from the baker's detailed address key) to sign the actual operation of the consensus of the blockchain and. In the case that bakers must change their connection point settings due to security risks or technical upgrading, this new role allows bakers to simply change their consensus key without changing their public detailed address. This means that they will not lose the trustee due to the change of setting, or need to get in touch with the trustee outside the chain to move it to the latest address.
  • Improvement of ticket fees– A document is a basic data type unique to the Tezos smart contract language, and a basic scalability solution. It is applicable to many test cases closely surrounding identification, network voting, identity authentication, and so on. Lima resists the establishment, storage and migration of zero limit documents, thus reducing the risk of errors in smart contracts

Tezos is one of the most original layer 1 blockchains. It uses data encryption to maintain its Internet, and has a good record in reliability and scalability.The electric energy and expenditure required for Tezos operation are significantly reduced, which is the best alternative service platform for building an eco-friendly blockchain application

As a pioneer of the equity proof blockchain, Tezos has experienced the efficient selection and significant improvement of developer theme activities in 2022, with a year-on-year increase compared with 2021. The deployment of smart contracts has increased by 288%, and according to the Electric Capital developer report this year, Tezos is also included in one of the largest developer ecosystems.

In addition, Lima upgraded the R&D work in the following aspects:Intelligent induction, an innovative solution for the second level amplification, which is expected to beUpgrade ProposalThanks to intelligent induction, Tezos key developers aim to achieve 1000000 transaction management (TPS) per second, and plan to conduct public testing of this function in early 2023.

Previous upgrades have significantly improved the role of Tezos, including:

  • Hangzhou: Some improvements have been introduced, such as the main view, which enables smart contracts to load access data of other smart contracts. Time locked data encryption is used as a preventive measure to block the Block Producer Extractable Value. Cached files allow more effective browsing of information browsed on time, reducing the cost of natural gas
  • Ithaca: Introduced Tenderbake, a new Tezos consensus algorithm, which completes the efficient termination and optimized scalability of Tezos blockchain
  • the Philippines: The introduction of transaction management promotion induction (TORU), which is a test of loaded induction, can improve freight volume, reduce costs, and significantly improve long-term scalability
  • kathmandu: Open the bright induction of smart contracts on the bleeding edge test network, prepare the protocol in advance for the future development of intelligent induction and all-round integration, and describe the first step of production line block certification.

Tezos, with its ability to upgrade and innovate in an energy-saving way, has become an attractive choice for leading institutions that have expanded their popularity in Web3. World famous institutions and brands ac Milan, McLaren sports cars, Team Vitality, The Gap and Evian are now creating their fans and user experience on Tezos

Tezos once again regards continuous growth as the best choice of blockchain for artists and NFT service platforms. In addition, Tezos is the only blockchain that appeared at the recent 2022 art exhibition in Miami Beach, Lisbon, where famous formative artists showed their works forged on Tezos

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