The Baking Sheet - Issue #60

Batter up, Tezos enters the big leagues ⚾

Welcome to this week's Baking Sheet! As we enter the Granada era with 30 second blocks, more gas optimizations, and TVL growing on Liquidity Baking, stay tuned for the next protocol proposal 'H' (city name to be confirmed soon). Let's dive into this week's updates from across the Tezos Ecosystem

Granada Wrap-up

The seventh upgrade on Tezos and the third this year, Granada, has successfully reduced gas consumption and decreased block times. Liquidity baking experiment surges to over $6 million USD in total…

Tezos Ecosystem Insights: TZ APAC

TZ APAC Announces Strategic Commitment to Asia Pacific

 TZ APAC, one of the leading adoption entities supporting the Tezos ecosystem in Asia, today announced a strategic commitment to the Asia Pacific region. The strategic regional commitment from the leading Tezos adoption entity in Asia will build on prior successes including Tezos integration with BSN, the China state blockchain network, Tezos integration into ride hailing app Tada, and on-going collaborations with big tech companies such as IBM and Microsoft.

TZ APAC will deploy new investments in the region across business development and marketing, and launch a new strategic partnership with Tezos India to drive developer education and recruitment. Now more than ever, enterprises, corporate brands, and governments want to know how to leverage the transformational power of blockchain.

TZ APAC aims to empower enterprises and individuals to harness the power of the Tezos blockchain by providing capital deployment, resource development, strategic advisory, project management, as well as marketing and strategic communications services in the region.

“Asian enterprises today are increasingly recognizing the revolutionary power of blockchain and are looking for new ways to disrupt industries. TZ APAC’s mission is to enable their high-performance and growth in the region and beyond. Our community of innovators and conscious creators is growing rapidly, and we want to play a key role in promoting sustainable development in Asia.” - Joe Hwang, Director of Business Development, North Asia at TZ APAC.

TZ APAC’s commitment to the Asia Pacific region can be viewed through their recent monumental enterprise collaborations with leading players in the region. Most recently, TZ APAC led the integration of Tezos into BSN, China’s state owned blockchain-based service network, where users will have access to Chinese enterprise chains, and into multi-chain lending platform ShuttleOne, a company developing a tokenization platform for real world assets. Additionally, TZ APAC has led projects with ride hailing app Tada, NFT platform AmplifyX, and helped incubate the fastest growing NFT artist community in Asia.

TZ APAC is proud to announce the Ecosystem Growth Grants (EGG) program. The developer relations program aims to cultivate new ideas through small-level funding and will provide direct funding to creators and developers exploring the Tezos network. The program expands the reach of the Tezos community to new builders and creators to act as a springboard for early-stage concepts, from NFT platforms to developer tooling to DeFi building blocks. The program is managed in partnership with Tezos India.

“We are grateful for the strong support we have received in the APAC region, and are proud to be headquartered in Singapore, a global hub for fintech and innovation. We look forward to developing a burgeoning community and empowering everyone with equal opportunities to radically transform the blockchain landscape in the region.” - Katherine Ng, Head of APAC Marketing at TZ APAC.

With the region’s robust push into sustainability, TZ APAC aims to unlock opportunities and embolden clean innovation while ensuring energy efficient consumption and a negligible carbon footprint. Game developers, music labels, sporting franchises, central banks, and more are all building on Tezos.

Globally, Formula One teams, Red Bull Honda Racing and McLaren Racing, have chosen Tezos for technical integrations to create unrivalled NFT fan experiences on the Tezos protocol. Tezos has over 400 validators around the world including internationally recognised enterprises as corporate bakers, such as Coinbase, Ledger, Ubisoft, Exaion, and more.

Tezos also has a growing DeFi ecosystem with ERC-20 bridges for low-gas cross-chain utility, yield farming protocols, and surging AMM platforms.

“Building on the Tezos blockchain is the ideal long-term solution to reducing the environmental impact of digital technologies, through energy-efficient solutions. Through TZ APAC and its 360-degree support system, we want to create meaningful partnerships in the Asia Pacific region.” - Julian Low, Director of Business Development, South East Asia at TZ APAC.

For the year ahead, TZ APAC is looking forward to engaging with the global community through the upcoming Singapore Fintech Festival, happening in November 2021, to showcase the strength and evolution of the Tezos blockchain.

This Week in the Tezos Ecosystem

👋 Hola Granada! The latest Tezos upgrade is live at block 1,589,248! 

Nomadic Labs alongside Marigold, DaiLambda, Oxhead Alpha & Tarides contributed to this signficant upgrade including faster blocks, 3-6x gas optimizations, and first of its kind on any blockchain, Liquidity Baking.

Recently, we found out that Tezos has become an official sponsor for the Major League Baseball team New York Mets, a deal negotiated by Blokhaus, one of the key teams responsible for Marketing Tezs.

No.9 in the Exodus Top 10 most influential people in crypto countdown is crypto innovator Kathleen Breitman, co-founder of the Tezos blockchain, and much more besides.

Transaction volume growing, Granada activated, Tezos on the coat of arms of the king of Denmark, and other July’s news in our monthly digest.

Hex Trust and Tangany today announced they have joined the tzBTC ecosystem as keyholders. tzBTC allows users and applications to directly transact in Bitcoin (BTC) on the Tezos blockchain, bringing BTC’s liquidity and brand to the Tezos ecosystem and enabling novel financial use-cases on-chain.

This Week in Tezos Development

Temple now supports Swaps for the experimental XTZ/tzBTC liquidity pool sustained by the Tezos protocol itself. You can now access this pool in the Temple’s Swap section.

This liquidity pool is a part of Granada’s Liquidity Baking experimental feature, designed to provide protocol-level liquidity for DeFi.

Version 9.7 of Octez has just been released. This version improves how the node handles pending consensus operations to remove costly computations in cases where they are not needed.

Invented by Xavier Leroy, Zinc is an abstract machine capable of representing any computation. An abstract machine is just a specification of a computing system - other examples are the lambda calculus, turing machines, and cellular automata.

a new SmartPy update includes a new documentation system, a beta version for SmartTS that should interest TypeScript developers and, a first look at our very cool state channel based game platform.

In this video tutorial we will build a simple Python backend for a DEX contract using DipDup framework, expose a GraphQL endpoint, and use it on the frontend.

Now Streaming

Trending on Tezos Agora

An ounce of prevention is worth a pound of cure. I would like to see a permanent testchain that is upgraded before the primary chain. In order to flush out and avoid issues like we are seeing with the Granada upgrade

Soon we will have 2 major context “constants” that will change. blocks per cycle (4096 to 8192) and blocks per snapshot (256 to 512).

Tezos NFTs - #HEN200K