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Tezos (XTZ) Activates Edo Upgrade, Teases Florence "In Coming Weeks"

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Tue, 02/16/2021 - 14:00
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Vladislav Sopov
High-performance blockchain platform Tezos (XTZ) activates its "most ambitious upgrade," Edo
Tezos (XTZ) Activates Edo Upgrade, Teases Florence "In Coming Weeks"
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Unique self-amending blockchain Tezos (XTZ) has activated its much-anticipated upgrade, Edo. It has gone live on block #1,343,489. What is special about the fifth Tezos (XTZ) update in two years?

Edo brings Sapling, Tickets, Adoption Period

According to a press release shared with U.Today, the Tezos (XTZ) team treats its latest Edo upgrade as a crucial milestone in its technological progress. It implements three major additions to the protocol, namely the Sapling and Ticket mechanisms and an adoption period for scheduled upgrades.

The Sapling protocol was initially presented by Electric Coin Company, well known for ZCash (ZEC) privacy-focused cryptocurrency. With Edo, smart contracts developers can integrate Sapling to launch new types of applications that work with "selective disclosures."

With the Tickets instrument, smart contracts can easily integrate with each other and with on-chain assets. This, in turn, allows engineers to write and deploy more sophisticated contracts.

The last major novelty, an adoption period, reconsiders the way Tezos (XTZ) implements upgrades to its mechanism. It introduces a five-cycle intermediary buffer between the approval of the new upgrade and its adoption. This makes all updates more seamless for network participants: validators, indexers, users and so on.

More updates to come soon

Alongside that, developers have fixed minor bugs and added improvements to the blockchain's logic.

Meanwhile, the new upgrade proposal, Florence, is expected to be injected in the coming weeks. Like the previous update, Delphi, Edo and Florence represent two stages of "self-amending" changes in Tezos (XTZ).

This unique feature allows Tezos (XTZ) to periodically upgrade not only the protocol but also the mechanism to implement substantial changes.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)