That culture has led to the creation of original art, creative and intuitive applications of their art, and an experimental atmosphere that would not be available much elsewhere. One would be pressed to find a more vibrant community and group of collectors and artists than what we’ve seen come to Tezos.
Let’s now pivot more towards protocol upgrades.
Ithaca, the most recent and 9th protocol upgrade injected into the Tezos network is undergoing voting. Of all the features, the most noteworthy is the introduction of Tenderbake, a novel feature which will increase transaction throughput from +/- 200 txn’s/second to a much higher figure.
This has been part of a growing theme within core dev teams to begin to utilize base layer capabilities but also shift towards welcoming layer-2 applications on Tezos to amend them even further. We had the chance to
chat with the Marigold team a little while back to extrapolate on that.
Gabriel Alfour of Marigold shared some input there.
From my point of view, it has been my thesis since the beginning. Most of the activity on blockchains will move to layer 2. Because, the whole point of layer 2 is to have the same warranties with blockchain but with better scalability. We can already see blockchains that are basically a layer 2 system with it built in essentially from the beginning. The flow blockchain is an example, it is essentially one big rollup.
Most things will go towards this direction. I have a vision that is very centered around web3 and the goal is to make this work on Tezos. There are no other teams working on this kind of stuff right now, so we want to be the team that makes this a reality.
Pivoting towards general news, 2021 was not shy of that for Tezos. In no particular order, here were some of the highlights we saw.
It’s been a big year.
As we draw closer to 2022, it’s worth challenging old perspectives and replacing them with new. What better parallel than a network like Tezos to commensurate that very statement - which is designed to evolve and amend itself over time.
Merry Christmas, Tezos community!