finbold.com
Tezos, an open-source blockchain platform, has introduced Tezos X, a suite of technological upgrades set to improve blockchain performance, composability, and interoperability.
The two-year development plan, co-authored by developer teams from Nomadic Labs, TriliTech, and Functori, proposes a major shift by splitting transaction execution into a separate “canonical rollup” supporting multiple programming languages.
Tezos X and Smart Rollups
Tezos X outlines how the main Tezos blockchain will serve as a foundational layer for consensus and settlement, while transaction execution will be managed by the canonical rollup.
This will hopefully facilitate atomic transactions across smart contracts written in different programming languages and enhance the platform’s versatility.
Tezos developers emphasized that scaling the network has been a priority since 2022.
Central to these efforts are Smart Rollups, a scaling technology that allows a dedicated second layer to execute transactions while ensuring consensus and settlement are maintained by the layer-1 blockchain.
The roadmap also highlights the introduction of a dedicated>Mirroring Ethereum scaling initiatives
The strategy bears similarities to the ongoing Ethereum (ETH) scaling initiatives, where transaction execution is offloaded to auxiliary Layer-2 (L2) networks.
However, Tezos envisions a single rollup handling transaction execution, rather than multiple L2 networks.
This design is expected to scale the network while maintaining decentralization, with interconnected nodes assuming various roles to deliver a smoother user experience.
According to the Tezos X blog post:
“In theory, one rollup is all that’s needed to meet the requirements of all but the most extreme use cases. That’s what Tezos X envisions: the creation of a single canonical rollup able to handle — and massively expand — all activity on the Tezos network.”
The canonical rollup is projected to be implemented by 2026, marking a significant milestone in the evolution of the Tezos blockchain.
This ambitious plan underscores Tezos’s commitment to innovation and its determination to reclaim its position as a leading smart-contract platform.