12/ Tezos core development teams have proposed the most credible scaling roadmap out there on a short timeline. It may just be my opinion, but having made a number of really correct technical calls in this space since 2014, I think it carries some weight.
Arthur is referring to Nomadic Labs scaling roadmap
which was released recently. The current focus is on optimistic rollups, an L2 scaling solution.
From Nomadic Labs announcement:
- Transaction rollups are expected to be part of the upcoming “J” upgrade proposal. They can handle account-to-account transactions of assets, but won’t be able to run smart contracts. This allows for a simpler design and faster implementation.
- Smart contract rollups are targeted for later this year. The chosen approach is inspired by proven designs for rollups, but tailored to Tezos. They are designed with a generic structure that is not limited to Michelson smart contracts, but can be adapted to support environments like WebAssembly or EVM, the Ethereum Virtual Machine.
It’s quite astonishing to see this level of technical progress. While other networks’ scaling plans are “expected soon” and have been for some time now, many miss out on what sets Tezos apart from the bunch.
With the activation of Ithaca 2, the Tenderbake feature will introduce a whole new consensus algorithm and bring deterministic finality to the Tezos network. There are no blockchains in existence that can claim they have replaced a consensus algorithm in a seamless and democratic way.
That said, we should all be very excited about the next few quarters of 2022. This year is beginning to shape up more by the day to be fruitful not only in terms of technical progress but also in onboarding more users, artists, collectors, brands, and the likes.