The Baking Sheet - Issue #55

Happy 3 years Tezos!

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

As we begin to move towards Granada and traverse the digital renaissance taking place on Tezos, it’s important to take time and reflect on the journey thus far. With Wednesday marking the 3 year anniversary since genesis block, there’s no better time than now to do that with insights from a Tezos OG, Zero Hour Zulu.

Tezos Ecosystem Insights: Zero Hour Zulu

The thoughts that come to me about this is a kind of paradox: it has taken way, way longer for us to achieve general-use adoption of blockchain; but, the capitulation of investors, banks, governments-- almost all the people who were so filled with disdain for the movement that they would not even mention the C-word, has been sudden and precipitous. The people who were noisy at first, the pioneers of crypto, people like us at Tezos, have gone quiet, and the deniers and mockers have gone loud. It's a near complete reversal.

What I think it means is that we pioneers are on the right track, from the very beginning, but it will take much longer for us to reach technical maturity, spec to real-world use, security, invisible penetration (meaning people use things and they have no idea nor do they care that a blockchain lurks under their awesome life made viable by "well-whatever"). But the good news is that those of us who have been pioneers in this new territory have been proved right, that blockchain, crypto will become pervasive in life. We are all of us bound to reap huge rewards for being prescient. It does not feel that way now, but there will come a day when this will be clear.

Tezos's progress has a similar trajectory: constant, consistent, self-confident and not visible to the people who will later come to declaim how obvious it was that Tezos would succeed. This same reversal will happen later for Tezos, where the pioneers give way to sell the land late, and dearly.

Of course the price is a disappointment; it would not be honest to not recognize that. But the rationalization of pricing, much as the rationalization of volatility, has not come yet. Just consider the dog coins, and how value is about 'memification' than technical progress. This alone demonstrates a severe lack of maturity in pricing. But fantasy can go on only so long, sustain itself with self-regard. What people will value 5 years from now is "what problems can you solve," not how popular or 'memily' you friend up. In this, crypto is in junior high. It even has to go through high school yet, with posturing and insecurity about identity and locus of value. We all know that the popular people in high school are now likely struggling, fat and bald. The geeks that kept their head down and were not feted now rule and boss the world's problems. This maturity comes; it is inevitable. Tezos may be the awkward, quiet nerd now, but it will eventually boss the world's problems. And it will be obvious and late to those who pay late and dearly. I counsel patience. Yes, you go through hard times questioning yourself, wondering where in the world you will fit in, in a big place where everyone seems to know what to do and how to be effortless with faux grace. But, you know very well how it turns out. Courage precedes wisdom. - ZHZ

This Week in the Tezos Ecosystem

Today is Tezos 3 year anniversary since Genesis!

🌮 3 Years

📈 6 Upgrades

⛓ +1.5m Blocks

💪 +55m Transactions

💸 +1.3m Funded Accounts

🎉 2m Contract Calls in June

In 3 years Tezos has come a long way - growing rapidly, especially in these past few months, as decentralized applications have launched in the areas of NFTs, DeFi, Decentralized Identity, E-Voting, and more. Tezos has also been selected by world-renowned brands and teams - such as OneOf, Red Bull Racing Honda, McLaren Racing and others - to build NFT Fan experiences.

Today, Centre, a consortium supporting the stablecoin USD Coin (USDC) founded by Circle and Coinbase, announced that Centre members will issue USDC on Tezos in the coming months.

Leveraging the Tezos blockchain, Interpop aims to bring back back the interactivity comic books lost when they ditched the letter columns.

Neuilly-sur-Seine announces the creation of the 1st municipal anonymous and verifiable online voting platform on the blockchain.

NFTs are changing everything and Tezos is changing NFTs.

In the last 24 hours, the top 5 dapps on Tezos have all shown considerable growth. Importantly 4 of those are DeFi applications, the other an NFT marketplace.

Stablecoins are the foundation of a DeFi ecosystem. They protect capital from volatility and provide additional liquidity while making payments easier.

A dive into some of the problems facing existing oracle solutions and how ubinetic oracles expands on this dilemma with bridging non-crypto data on-chain.

bountyblok is excited to announce that it received a grant from the Tezos Foundation to bring our gamification tools to the Tezos Mainnet.

This Week in Tezos Development

Tezos has hit 2 million contract calls for the month of June! 🎉

Smart contract activity has been growing exponentially on the Tezos network thanks to popular NFT platforms like Hic et nunc and DeFi applications like Plenty. In the past 4 months, Contracts calls have grown 363%.

The first public release of the Mi-Cho-Coq framework

A new release candidate of Octez (10.0~rc1) is available. Octez is the new name for the free, open-source, community-driven Tezos distribution at Tezos / tezos · GitLab (see announcement: Announcing Octez).

Now Streaming

This weeks episode of TezTalks Radio features an NFT panel of renown artists from different parts of the world with diverse backgrounds in the NFT space.

Ruanth Chrisley Thyssen is a 1x Oscar Nominated, and 2x BAFTA Nominated Sound Designer.

Diela Maharanie is an illustrator based in Jakarta Indonesia, whose works are mostly bright and colorful filled with vibrant patterns of super saturated hues but also hint at a mystery for the character.

Daniel Howe is an American artist and educator. His art practice focuses on the writing (and close reading) of computer algorithms as a means to examine contemporary culture

Join us as we discuss NFTs and how Hic et Nunc is changing the entire landscape.

Trending on Tezos Agora

A baker creating a block must currently optimize for two limits, the size limit of the block and the gas limit.

The current TZIP draft is in this MR.

Comments welcome.

hi team, I am seeing smartpy , pytezos , conseilpy libraries for python development in Tezos. But can anyone help in explaining the pros and cons of the above libraries so that it will help in choosing the appropriate on…