NEW!Incredible offer for our exclusive subscribers! Read More
Crypto

Tezos ‘Florence’ upgrade is coming—here’s what you should know

1 Mins read

Tezos is bringing on Florence, its sixth consecutive network upgrade that is scheduled to go live Monday night.

cryptonews.net

It marks the second upgrade in just 3 months, in a move that is seen by industry players as warp speed development for this powerhouse blockchain network.

Florence features a range of bug fixes and other improvements; developers can look at the change log here.

Tezos improvements

Increased Maximum Operation Size: Operation size has jumped from 16kB to 32kB which allows for smart contracts that are double the size and a good solution for more complicated apps.

Gas Optimizations: Tezos have managed to reduce gas consumption in the execution of smart contracts. This enables more complicated smart contracts to work more economically.

Baking Accounts: Some developers use baking accounts, Tezos is now compatible with all new code.

Depth First Execution: Order: A feature to help simplify the lives of smart contract developers, as it is now much more simple to deal with inter-contract calls.

No More Test Chain: This makes the test chain activation process obsolete; the testing period is now known as the “cool-down period.” The protocol is now tested using external test chains that work outside of the mainnet voting process.

With Florence now complete developers are being encouraged to test their own Tezos related apps to check for compatibility problems.

Killer?

The last upgrade before Florence was Edo, which rolled out three months ago, and offered up some excellent features including Tickets, the Adoption Period, and Sapling. Florence now builds on Edo to enhance the ever-evolving protocol.

Tezos’s growth has been impressive, with some calling the protocol the “Ethereum Killer,” as the number of transactions draws closer to that of Ethereum’s. Activity has now passed 1 million contract calls in a single month, which shows an increased user engagement across the Tezos ecosystem.

One area to highlight is that of NFTs, with marketplaces like Hic et Nunc and Kalamint helping to propel activity for the network. Couple that with the native token behind the protocol, XTZ and analysts predicting strong growth for the coin going into 2022, all of which celebrate this high-performing, low carbon emission alternative to Ethereum.

Related posts
AltcoinsBTCCryptoOther

Beecrypt.net – business license for the use of crypto

1 Mins read
Firstly Beecrypt.net business license for the use of cryptocurrencies with a long list of conditions. It was release in New York 2020 The…
AltcoinsBTCCryptoETHMiningOtherStock

Bitcentr launched the largest aid campaign!

1 Mins read
Ukraine is at war, war for our freedom but also for European freedom and democracy. People of Ukraine are in a big…
AltcoinsBTCCryptoETH

Beecrypt with Bitfinex will start a trading giveaway for Telegram users

1 Mins read
In this paragraph, Bitfinex with Friends of beecrypt.net are starting with Top crypto giveaway. After that From 0.001 tо 0.25 bitcоin and…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *