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Tezos Releases 10th Protocol Update Offering Multiple New Features


thenewscrypto.com 03 July 2022 15:52, UTC
Reading time: ~2 m

  • Rollups built on top of Tezos will be embedded into the blockchain.
  • High-throughput applications on the blockchain are expected to benefit significantly.

Tezos said Tuesday that its 10th protocol update, dubbed “Jakarta,” had been released. Rollups on the blockchain and an upgrade to the “Michelson Tickets” system are anticipated in Jakarta. Rollups built on top of Tezos will be embedded into the blockchain rather than executed as smart contracts.

Transaction Optimistic Rollups

The new version promises to boost the blockchains scalability and decentralized capabilities, according to developers. Transaction speed and finality are expected to improve due to the Jakarta update. It’s worth noting that the update will also include an experimental version of optimistic rollups named “Transaction Optimistic Rollups” (TORUs). Exchange of digital assets will be possible using TORUs, which do not need the usage of smart contracts.

High-throughput applications on the blockchain are expected to benefit significantly from the experimental rollup. The implementation of TORUs on the blockchain rather than as a smart contract as optimistic rollups are performed on Ethereum would enable developers to come up with more seamless scaling solutions.

As a result of this feature, Tezos has grown more popular. There has yet to be a hack documented on the blockchain, which is even more remarkable. Tezos is a blockchain designed to construct decentralized applications, putting it in the same league as Ethereum, Solana, and Avalanche. Analysts predict that the blockchain will get greater attention in the future because of its amazing scalability and security.

@tezos congratulations on the Jakarta upgrade

— Charles Hoskinson (@IOHK_Charles) July 1, 2022

Cardano founder Charles Hoskinson congratulated the Tezos team for the successful launch of the update. Stable cryptocurrency Tether has been debuted on the blockchain, a significant development that illustrates the currency’s growing popularity and is expected to lead to more acceptance. 


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