Anyone remember the “Wen tenderbake” meme?
Well, it’s no longer a meme.
As we’ve entered
the promotion period for Protocol Ithaca, it’s paramount that the Tezos community and bakers educate themselves on the changes expected in preparation for activation.
That said, Protocol Ithaca will introduce the following feature sets to the Tezos network upon activation and support by the Tezos community:
- Deprecation of a redundant field in an error message
- Precheck of operations
- Liquidity baking sunset changes
- Tickets hardening
- Bug fixes
- Minor changes
Among all the changes coming with Ithaca, there is no doubt Tenderbake is the most significant.
How many blockchains have you heard replacing the current consensus algorithm in a seamless, democratic way to end up activating autonomously if approved? That’s what is essentially happening here.
Tenderbake brings several improvements
including deterministic finality, i.e. absolute certainty that transactions cannot be reversed after two blocks.
Replacing the consensus mechanism is in itself a major undertaking, as it defines the rules by which Tezos bakers decide the state of the ledger – a core function of a blockchain.
To understand all the other changes coming with Ithaca, be sure to read the changelog