One week left until Fast Finality is here – make sure you’re prepared for the TenderBake Upgrade

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

As we move closer to the upcoming activation of Protocol Ithaca, Tenderbake is closer than ever. On March 31st, Ithaca will activate autonomously on the Tezos network. 

In this week’s issue, we feel it’s important to highlight what’s coming and how to prepare for it ahead of time.

As we’ve entered the adoption period for Protocol Ithaca, it’s important 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: 

The most exciting is clearly Tenderbake. 

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.

How many blockchains have you heard of replacing the current consensus algorithm in a seamless, democratic way to end up activating autonomously? 

Come March 31st, that’s what’s going to happen.

Earlier, Nomadic Labs shared an article describing steps needed to be taken before the activation of Protocol Ithaca. In that post, a checklist was provided for bakers and the Tezos community at large. 

As a minimum, the following should be completed by the time of activation:

If you are unsure about what needs to be done on your end, reach out to us on the Tezos baking Slack or feel free to contact the Nomadic Labs support team.

Let’s all do our part and prepare for one of the most historic upgrades to take place on Tezos yet!

If you’re baking on Kiln, then this update is required to continue baking after Ithaca initiation on March 31.

0.12.0 is now available

In this release:

Tezos Foundation: Roman Schnider will be joining the Council as President starting March 24th, 2022. 

Roman will succeed Hubertus Thonhauser who has decided to step down as chair of the Foundation Council and member of the Executive Committee after having served as a member of the Council since 2018 and of the Executive Committee since its creation in 2019.

Read more about the personnel changes and a huge congrats to Roman!

We are delighted to announce the launch of the Encode x Tezos Hackathon, a four week hack dedicated to building on the Tezos Protocol.

This hackathon is a great opportunity to learn, build and get onboarded into the Tezos ecosystem, as well as win great prizes!

Register here until 13th April 2022.

The Tezos Hackathon is part of our Tezos-dedicated programme alongside an educational series and accelerator.

The hackathon itself begins on Wednesday, 13th April, lasting 4 weeks through to Sunday, 15th May.

We finish the hackathon with a finale event, where the best hackathon projects pitch to win top prizes!

You can register for the hackathon here! Registration is open until Wednesday, 13th April.

All hack details are available on our Tezos Hack Notion, including challenges, how to register and submit, as well as our handy Hacker Pack!

This week’s episode we sit down with Tezos Ukraine’s community manager Olya to provide updates on the projects they have been doing, her experience working in Ukraine during the current climate, and the future goals of building a strong Tezos community.

Listen on Apple, Spotify, Amazon, and Google

Watch on YouTube