The Baking Sheet - Issue #210

Happy 6th Birthday Tezos!

6 years of Tezos and 6 days away from Tez/Dev.

6 Days to Tez/Dev 2024: Last Call for Tickets!

Greetings, Tezos Community!

This week marks an extremely important milestone for Tezos as we celebrate its 6th birthday! Over the past six years, Tezos has evolved tremendously, continually pushing the boundaries of what's possible in the blockchain space. We're on the road to Tezos X, a vision that ensures our blockchain remains forever adaptable and scalable within an open, modular environment.

As we approach the exciting Tez/Dev event, now just six days away, it's time to finalize your plans and secure your tickets. Here's everything you need to know:

Event Details

Date: Thursday, July 11, 2024
Location: KBR, Royal Library of Belgium, Brussels, BE
Start Time: 10:00 AM

Join us in Brussels this July for a day filled with engaging sessions on the latest innovations in Tezos, discussions on decentralization, and support for JavaScript, among other topics. The day will conclude with an after-party, providing a perfect opportunity for networking with industry leaders and fellow Tezos enthusiasts. Get your free tickets below!

Key Stats:

  • 15+ Speakers

  • 10+ Sessions

  • 300+ Attendees

  • 20+ Projects

Speaker Line-up

Check out our esteemed speakers at Tez/Dev 2024:

  • Arthur Breitman - Co-founder, Tezos

  • Justin Drake - Researcher, Ethereum Foundation

  • Tarun Chitra - Co-founder and CEO, Gauntlet

  • Benedikt Büenz - Chief Scientist and Co-founder, Espresso Systems

  • Yann Regis-Gianas - Head of Core Engineering, Nomadic Labs

  • Beata Lipska - Developer Relations Engineer, Trilitech

  • Nicolas Streschinsky - Head of DeFi, Trilitech

  • Bernd Oostrum - Co-founder, Plend

  • Dmitriy Kovalevskiy - Co-founder, Hanji Protocol

  • Iakov Levin - Co-founder,

  • Christoph Niemann - Specialist Solution Architect for Web3, AWS

  • Alex Liu - Director of Operations, Tezos Commons

  • Taisia Antonova - VP of Product, World of Women

  • Thomas Olivier - Co-founder and CTO, World of Women

  • Leen Al Taher - VP of Consumer Products, Rarible

  • Ivan Anastassov - COO, TrustSwap

Tez/Dev Agenda

09:30 - 10:00
Networking: Doors Open

10:00 - 10:10
Opening Introduction: Welcome to TezDev 2024
Alex Liu, Director of Operations, Tezos Commons

10:10 - 11:00
Keynote: Unlocking Opportunities with Tezos X
Arthur Breitman, Co-founder, Tezos

11:00 - 11:15
Coffee Break

11:15 - 12:15
Panel: The Road to L2 Decentralization + Q&A
Arthur Breitman, Co-founder, Tezos; Justin Drake, Researcher, Ethereum Foundation; Benedikt Büenz, Chief Scientist, Espresso Systems; Moderator - Tarun Chitra, Co-founder and CEO, Gauntlet

12:15 - 13:15
Lunch Break + Networking

13:15 - 13:45
Fireside Talk: World of Women: Empowering Communities with Etherlink
Taisia Antonova, VP of Product, World of Women; Thomas Olivier, Co-founder and CTO, World of Women; Leen Al Taher, VP of Consumer Products, Rarible; Moderator - Beata Lipska, DevRel Engineer, Trilitech

13:45 - 14:00
Demo: TrustSwap
Ivan Anastassov, COO, TrustSwap

14:00 - 14:45
Keynote: The Next Stage of Evolution for Tezos
Yann Regis-Gianas, Head of Core Engineering, Nomadic Labs

14:45 - 15:00
Coffee Break

15:00 - 15:30
Demo: Opening Tezos to the world of JavaScript!
Beata Lipska, DevRel Engineer, Trilitech

15:30 - 16:00
Demo: Tezos on AWS
Christoph Niemann, Sr. Consultant, Blockchain, AWS WWSO Web3 Team

16:00 - 16:45
Panel: DeFi Catalyst Accelerator: The Ultimate Support Platform for Etherlink Projects
Moderator - Nico Streschinsky, Head of DeFi, Trilitech; Dmitry Kovalevskiy, Co-founder, Hanji; Bernd Oostrum, Co-founder, Plend; Iakov, Founder, Rivo

16:45 - 17:00
Closing Thanks
Alex Liu, Director of Operations, Tezos Commons

17:00 - 21:00
TezDev After Party
Register for TezDev to have priority access to the after party


KBR, Royal Library of Belgium
The entrance is located around the corner at the following address: Bd de l'Empereur 2, 1000 Bruxelles, Belgium, rather than being the main entrance of the library.

Don’t miss out on this opportunity to connect with the Tezos community, learn from the experts, and celebrate the achievements and future of Tezos!

For more information and to register, click here.

Celebrating 6 Years of Tezos: The Forever Blockchain

Today, we celebrate an incredible milestone: the 6th birthday of Tezos on mainnet! 🎉 Over the past six years, Tezos has proven itself to be the forever blockchain, continually evolving through its unique self-amending protocol and the collective efforts of its vibrant community. Let's take a moment to reflect on what makes Tezos special and why it stands out as the blockchain of the future.

A Journey of Continuous Evolution

Since its inception, Tezos has been designed to adapt and grow without the need for hard forks. This vision has been realized through 16 seamless protocol upgrades, each one bringing new features, improvements, and optimizations. These upgrades have allowed Tezos to remain at the forefront of blockchain technology, consistently enhancing its capabilities and ensuring it meets the ever-changing needs of its users and developers.

Here's a look back at each upgrade and what it brought to the table.

 Athens (May 2019): Reduced the minimum staking requirement from 10,000 to 8,000 tez and increased the gas limit to allow more transactions in a block.

 Babylon (October 2019): Improved the Emmy+ consensus algorithm and introduced new Michelson features and accounts rehaul to aid smart contract developers.

Carthage (March 2020): Increased the gas limit and enhanced network efficiency and performance.

Delphi (November 2020): Improved the Michelson interpreter's performance, adjusted the gas model, and reduced storage costs by 75%.

Edo (February 2021): Enabled privacy-preserving smart contracts with Sapling support and introduced tickets for efficient asset transfers.

Florence (May 2021): Maximized operation size and improved gas consumption for better performance.

 Granada (August 2021): Reduced block time to 30 seconds, introduced Liquidity Baking, and significantly reduced gas consumption for smart contracts.

Hangzhou (December 2021): Introduced timelock encryption, views for smart contracts, and lowered gas costs with an in-memory blockchain context.

Ithaca (April 2022): Introduced Tenderbake, overhauling the Tezos consensus algorithm and showcasing the blockchain's resilience.

Jakarta (June 2022): Introduced Transaction Optimistic Rollups, marking the first Layer 2 solution on Tezos.

Kathmandu (September 2022): Increased throughput and integrated Verifiable Delay Functions (VDF) for enhanced security.

Lima (December 2022): Enabled higher L1 throughput and introduced consensus keys for enhanced security in signing blocks and operations.

Mumbai (March 2023): Enshrined Smart Rollups as a powerful scaling solution, reduced block time to 15 seconds, and overhauled the tickets mechanism.

Oxford (February 2024): Refined the PoS mechanism with proportional slashing penalties for double baking, introduced auto-staking, and expanded Smart Rollup use cases.

Paris (June 2024): Reduced block times to 10 seconds, introduced the Data-Availability Layer, and implemented Adaptive Issuance with a major overhaul of the Proof-of-Stake and staking model.

In the past six years, Tezos has reached several impressive milestones:

  • 16 Upgrades: Each upgrade has introduced significant advancements, from enhanced scalability to new governance features.

  • ~6M+ Blocks: The blockchain has been reliably producing blocks, securing transactions, and maintaining network integrity.

  • 230M+ Transactions: Tezos has processed a vast number of transactions, demonstrating its efficiency and reliability.

  • #TezosX Revealed: The announcement of Tezos X marks a bold vision for the future, focusing on performance, composability, and interoperability.

The Road to Tezos X

As we look ahead, Tezos X represents the next major evolution of our blockchain. This initiative aims to create a modular, scalable, and highly interoperable system that will serve as a robust foundation for a wide range of applications. Tezos X envisions a future where the blockchain can handle massive transaction volumes, support multiple programming environments, and seamlessly integrate with other blockchains and traditional systems.

Key developments on this road include:

  • Smart Rollups: Massively scaling the network by offloading transaction execution to dedicated layers while maintaining security through Tezos' decentralized Layer 1.

  • Data Availability Layer: Ensuring efficient data transmission and availability for rollup users, enhancing the network's overall performance.

  • Canonical Rollup: Aiming for a single rollup to handle most network activity, preserving composability and minimizing latency.

  • Support for Mainstream Languages: Opening up Tezos to developers familiar with popular programming languages like JavaScript, Python, and Java, making it easier to build on the blockchain.

Tezos stands out as the forever blockchain because of its commitment to continuous improvement, decentralization, and innovation. Its self-amending protocol ensures that Tezos can evolve without disrupting the network, providing a stable and secure platform for developers and users alike. The community's collaborative spirit and dedication to pushing the boundaries of what's possible make Tezos a unique and powerful force in the blockchain space.

As we celebrate six years of achievements, we also look forward to the exciting developments ahead. The journey of Tezos has just begun, and with Tezos X on the horizon, we are poised to reach new heights. Here's to the next chapter of innovation, growth, and success.

Happy Birthday, Tezos!

This Week in the Tezos Ecosystem

Tezos Foundation and Museum of the Moving Image Partnership is Live!

Shifting from our birthday celebrations, let's dive into the latest happening in the Tezos ecosystem. Over the weekend, the exciting partnership between the Tezos Foundation and the Museum of the Moving Image (MoMI) officially launched!

Visitors to the museum can now explore b a r b i e ~ w o r l d ~ b r e a k d o w n by the talented artist Sabato, also known as @sabatobox. This captivating installation is part of the ongoing efforts to elevate digital art and provide unique experiences for museum-goers.

But that's not all! Until July 25, you can collect a fragment of Sabato's work online. Don't miss out on this opportunity to own a piece of digital art that bridges the physical and virtual worlds. Discover more here.’

In addition to Sabato's work, museum visitors can also acquire a free open edition of Echo: Core by Auriea, a fragment of her digital sculpture Echo. This piece is part of a major survey of Auriea's work at the Museum of the Moving Image, showcasing the integration of digital art within traditional art spaces.

This partnership highlights Tezos' commitment to supporting and promoting digital art, providing artists with platforms to showcase their work. It also offers visitors a chance to experience art and technology firsthand.

Stay tuned for more updates and visit the Museum of the Moving Image to immerse yourself in these unique digital art experiences!

Tezos Foundation Bi-Annual Report Now Live

Next up, we have news from the Tezos Foundation. The latest biannual report is now live, providing a comprehensive overview of the foundation's activities and funding initiatives over the past six months.

The Tezos Foundation has approved funds for 43 new initiatives, totaling USD 9.81 million. These funds have been allocated across various sectors, highlighting the diverse and impactful work being done within the Tezos ecosystem. Here’s a breakdown of the funding categories:

  • Arts and Culture: Supporting projects that merge art with blockchain technology.

  • Gaming: Enhancing the gaming experience with blockchain integration.

  • DeFi: Developing decentralized finance solutions to broaden financial inclusion.

  • Core and Infrastructure: Strengthening the underlying infrastructure of Tezos to ensure robustness and scalability.

  • Business Development: Promoting the adoption of Tezos in various industries to drive economic growth.

The Tezos Foundation's mission is to deploy resources strategically to support the long-term future of Tezos, driving global social, political, and economic innovation. This report is a testament to the foundation's commitment to fostering growth and innovation within the Tezos community.

We encourage everyone to read the full biannual report to get an in-depth understanding of how these initiatives are shaping the future of Tezos.

Read the full report here.

This Week in Tezos Development

Security Kernel Upgrade for Etherlink

A significant milestone has been achieved with the successful deployment of a new Etherlink kernel on Etherlink Beta via the Security Kernel Upgrade governance contract. This update ensures that Etherlink continues to operate normally, with all assets remaining safe and secure.

The upgrade addresses a critical vulnerability uncovered during an audit conducted by the security engineers at SpearbitDAO. This collaboration underscores our commitment to engaging with multiple external teams to ensure the highest safety and quality standards for Etherlink before its official launch.

Key Points:

  • Normal Operation: Etherlink continues to function as expected, with all assets secured.

  • Critical Vulnerability Addressed: The new kernel upgrade addresses a critical security issue identified during the audit.

  • Collaborative Effort: Multiple external teams, including SpearbitDAO, were involved to ensure top-notch security.

  • Governance Mechanism: This upgrade was made possible through Etherlink's unique governance mechanism, which is open to any willing Tezos baker.

Special thanks to Everstake Pool and all bakers who participated in the governance process, enabling a swift response to the issue.

For Tezos bakers interested in getting involved in Etherlink's decentralized governance, find out more here.

🔴 Now Streaming: Aleksandra Art

Join us on this week's episode of TezTalks as we sit down with the incredible Aleksandra Artamonovskaja, the new head of arts at TriliTech.

In this enlightening interview, Aleksandra shares her journey to her new role with Trilitech and the enthusiastic response from the community. We dive into her priorities and focus areas as she leads Trilitech's arts division, exploring the evolution of the blockchain art landscape and what it means to define value in the creative crypto space.

Discover how artists are not only learning but also helping to shape new dynamics between artists, curators, and collectors. Aleksandra also gives us a sneak peek into exciting upcoming collaborations.