Tezos Latest Upgrade: Mumbai Activation and Smart Rollups

03/30/2023 14:40 • Blockchain Briefs • 106 views

According to reports, the Proof of Interest blockchain Tezos has announced that it has activated the 13th core protocol upgrade in Mumbai and introduced the two-layer extension solution Smart Rollups. After the Mumbai upgrade, Tezos will provide a WebAssembly (WASM) execution environment, allowing developers to build on the chain using common programming languages such as Rust, C, and C++, making it easier for developers to create and deploy Dapp. Other upgrade features include support for interactive fraud proof, pipeline verification, and reducing block out time from 30 seconds to 15 seconds.

Tezos has activated the Mumbai upgrade and introduced the second tier expansion solution Smart Rollups

Introduction

Tezos, the popular blockchain with a Proof of Interest (PoS) consensus mechanism, has recently announced the activation of its 13th core protocol upgrade in Mumbai. This upgrade brings several benefits to the platform, including the introduction of Smart Rollups, which enable a two-layer extension solution for the chain. Moreover, the upgrade offers an improved framework for developers and users, which enables easier building and deployment of Dapps.

Tezos’ Mumbai Upgrade

The Mumbai upgrade, which was released on August 30, 2021, was designed to provide significant improvements to the Tezos network. Some of the notable features of the upgrade include the implementation of a WebAssembly (WASM) execution environment. With the WASM execution environment, developers can now build on the chain using common programming languages like Rust, C, and C++. This feature is a significant addition for developers who prefer these programming languages and is expected to lead to an increase in Dapp building and deployment on the network.
Another significant feature of the Mumbai upgrade is the introduction of Smart Rollups. Smart Rollups enable the deployment of a two-layer extension solution on the Tezos network. This solution provides an off-chain scaling solution to the current on-chain payment process. The roll-up technology functions by batching a large number of transactions into one, which results in overall improved performance and scalability of the Tezos network.

Fraud Proof, Pipeline Verification and Faster Blocks

Another improvement that comes with the Mumbai upgrade is the support for Interactive Fraud Proofs (IFPs). This feature is designed to prevent fraud attempts on the Tezos network, which can occur if a malicious party attempts to modify the blockchain’s transaction history. The pipeline verification feature, which is also included in the upgrade, enables faster verification of operations on blocks. This feature also helps to reduce the time it takes to resolve disputes on the network by making the detection and diagnosis of errors more efficient.
Finally, the Mumbai upgrade reduces the block out time from 30 seconds to 15 seconds. This feature, which would be beneficial to devs and users alike, implies that new blocks would be formed twice as fast as before. This upgrade will enable quicker confirmation of transactions on the network, making it more attractive to traders who need faster confirmation times.

Conclusion

Tezos has continued to enhance its technology, which can only bode well for the network’s growth and adoption. The Mumbai upgrade introduces several new features designed to improve the overall efficiency of the Tezos network. With the new WebAssembly execution environment and Smart Rollups, developers are now offered an easier way to build and deploy Dapps on the network. The Interactive Fraud Proofs feature and pipeline verification make the network safer and increase its reliability, while the reduction of block times to 15 seconds makes Tezos a faster chain to use.

FAQs

1. What is Tezos?
– Tezos is a blockchain network that uses a PoS consensus mechanism, making it much more energy-efficient than PoW chains.

2. What is Smart Rollups?
– Smart Rollups is a two-layer extension solution that provides an off-chain scaling solution to on-chain payment processing.

3. What are the benefits of the Mumbai upgrade for users and developers?
– The Mumbai upgrade brings several features, including the WASM execution environment and Smart Rollups, making it easier for developers to build and deploy Dapps. The Interactive Fraud Proofs and pipeline verification feature ensures the safety and reliability of the network. Finally, the reduction of block times to 15 seconds makes Tezos faster to use.

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