Welcome to this week’s issue of The Baking Sheet!

Protocol Jakarta has entered the promotion period for token holder voting! In this week’s issue, we’ll highlight what to expect. 

Protocol Jakarta has entered one of the final phases of token holder voting, with 10 days remaining at the time of publication for the promotion period. 

2022 has very much been the year of scaling for the Tezos ecosystem. With Ithaca, we witnessed the introduction of the fast deterministic finality capability via Tenderbake. 

Jakarta takes us further along the scaling trajectory and focuses on Layer-2 applications. 

That said, protocol Jakarta will introduce the following feature sets to the Tezos network.

In terms of scaling, there is no doubt TORUs are the talk of the town. These will allow for the exchange of assets, but will not be used in the execution of smart contracts. If you want to learn a bit more about optimistic rollups, check out Arthur Breitman’s chat with Cointelegraph or this blog article by Nomadic Labs.

The Plenty Bridge is a bridge between Ethereum + Ethereum based tokens and Tezos. The Plenty team was able to reach an agreement with the original Wrap team from Bender’s Lab, and is going to completely rehaul the wrapped assets bridge. Through usage of the bridge, users will be able to transfer their ERC-20 assets over to the Tezos network in a decentralized manner.

The decentralized manner is enabled by a “Signers Quorum”. The Signers Quorum is referred to as an “off-chain federation”, which oversees and makes sure that at any given time the amount of bridged tokens on Tezos that are issued via wrapped ERC-20 assets, will always correspond to the original tokens locked (ERC-20).

Attention Tezos ecosystem – apply today for the Moonfire pitch day!

Moonfire VC is a next-generation venture capital firm supporting the most innovative early-stage founders focused on global technological disruption.

Apply today! Deadline to apply June 15. Pitch day will be held on Thursday, July 14 3-5pm BST.

Registration for TezDev Paris 2022 is now OPEN!

Join builders, creators, and innovators from across the Tezos ecosystem from July 21-23 in Paris for developer workshops, networking, and more!

The Tezos Ecosystem will be represented at the WAC World Congress Event in Berlin, June 14-15.

Some amazing teams from around the world will host workshops for developers exploring Web3 careers.

Tune into our next TezTalks Radio episode featuring Roman Schnider, President of the Tezos Foundation.

The TezTalks teams sits down with Roman, for a peek behind the curtain at Tezos Foundation. 

If you’ve ever been curious about exactly how the Tezos Foundation is moving the Tezos ecosystem forward in 2022, what it’s doing to attract developers and brands to the Tezos chain, or how projects are evaluated during the TF granting process, then Roman’s insights into the Foundation’s role in the Tezos-powered present (and future) are an absolute must-listen.

🎧 Apple, Spotify, Google, Amazon

🖥 YouTube