• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Tezos Speeds Up and Enhances Staking with Quebec Update

user avatar

by Giorgi Kostiuk

10 months ago


The Quebec protocol update for the Tezos blockchain, jointly developed by Nomadic Labs, Trilitech, and Functori, brings new capabilities and enhancements focused on strengthening the network's long-term sustainability.

What's New in the Quebec Update

Quebec, the 17th Tezos update, accelerates transactions by reducing block time from 10 to 8 seconds, allowing for transaction finality in 16 seconds. These changes maintain hardware requirements for validators, preserving network decentralization.

With the Quebec upgrade, Tezos has become faster, economically stronger, and more attractive for staking – all without compromising on decentralization.Yann Régis-Gianas

Benefits for Users and Network

Changes in staking mechanics minimize inflation and uphold network security. Quebec also increases the external stake cap for bakers and reduces the weight of delegated funds, providing greater incentives for staking.

A Step Towards Tezos X Future

This update aligns with the vision for Tezos X and comes amid other initiatives, including the launch of uranium.io on Etherlink. These developments reflect the community and developers' commitment to ongoing innovation.

The Quebec update's implementation propels Tezos towards its long-term sustainability goals, highlighting the ongoing innovation and development efforts by all participants in the ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Enhancing Financial Systems Through Antifragility

chest

The report emphasizes the importance of proactive risk management in building antifragility within financial systems.

user avatarMohamed Farouk

The Impact of Digital Innovation on Financial Markets

chest

The report discusses how digital technologies, including AI, Distributed Ledger Technology (DLT), and FinTech, are fundamentally reshaping market structures, offering both efficiency and new risks.

user avatarMaria Fernandez

The Importance of Liquidity in Capital Markets

chest

The report highlights the critical role of liquidity in determining market health and efficiency.

user avatarElias Mukuru

Transforming Capital Markets to Support Innovation

chest

The report emphasizes the need for capital markets to evolve into primary conduits for long-term, risk-willing capital, particularly in developing countries.

user avatarKenji Takahashi

The Role of Governance in Investor Protection

chest

The report emphasizes the importance of strong investor protection laws and transparent governance in developing capital markets.

user avatarDiego Alvarez

The Importance of Macroeconomic Stability in Capital Markets

chest

The report emphasizes the need for a stable political and economic environment to achieve sustained capital market growth, highlighting the importance of sound fiscal management and credible policymaking.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.