Tezos Reaches 1M Transactions Per Sec With ‚Mumbai‘ Upgrade: XTZ Eyes ATH
• Tezos has implemented its Mumbai Upgrade, allowing up to 1 million transactions per second without sacrificing decentralization.
• The upgrade introduces the Smart Rollup technology and a WebAssembly execution environment for developers to deploy dApps.
• Joining Polygon and Cardano, Tezos is now investing in scaling solutions to surpass the milestone of one million transactions per second.
Tezos Implements ‚Mumbai‘ Upgrade
Tezos has released its proprietary scaling solution through the Mumbai Upgrade, joining the likes of Polygon and Cardano also invested in scaling their protocols. The PoS network now has better security and network integrity with up to 1 million transactions possible per second without sacrificing decentralization.
Smart Rollup Technology
The upgrade introduced Tezos to optimistic rollups through its own customized Smart Rollup technology. This enables decentralized applications (dApps) to benefit from their own dedicated hardware resources in order to process a high amount of transactions, while the integrity and security of the Smart Rollup is guaranteed by the Tezos main chain, or Layer 1.
WebAssembly Execution Environment
Developers will also be able to make use of the WebAssembly execution environment that accompanied the upgrade to deploy Dapps written in general-purpose languages. The Tezos WASM will also support EVM-compatible codes.
Investing In Scaling Solutions
The subject of scaling a blockchain protocol remains one of the major bottlenecks most protocols are battling today. Despite innovative features, they still fare behind mainstream payment outfits like Visa and Mastercard – inspiring many protocols including Tezos, Polygon (MATIC), and Cardano (ADA) investing in research to scale up their networks.
One Million Transactions Per Second
Thanks to this approach, Tezos can now process more than one million transactions per second without sacrificing decentralization – an impressive feat for any blockchain platform looking towards mainstream adoption.