Tezos blockchain set to launch its ninth protocol upgrade, Ithaca 2, this week.
The upgrade introduces a new consensus mechanism, Tenderbake, to reduce latency and provide improved finality of transactions.
The Tezos team plans to integrate Layer 2 scalability solutions, specifically rollups, to the blockchain later in the year.
Proof-of-stake pioneer blockchain, Tezos is set to launch its ninth, and most important protocol upgrade, Ithaca 2. The upgrade took a three-month-long development process, following a vote by the Tezos community to launch the upgrade. Ithaca 2, as the upgrade is known, introduces a new consensus mechanism, Tenderbake, which replaces the current one, Emmy.
The new Tenderbake consensus mechanism enables lower latency on the protocol, which lowers block times and in turn, ensures the smoother and more efficient running of applications. Additionally, Tenderbake also ensures faster validation and finality of transactions meaning faster transactions on th