Tezos Blockchain Held Third Update

The Tezos network has successfully migrated to the Carthage protocol. This is the third system-wide update to the Tezos protocol since itsappearance in 2018.

The first two network updates were known as"Athens" and "Babylon". The Athens upgrade, which took place last May, provided high network throughput, increasing the computational limits of Tezos blocks. 

Babylon was introduced in October 2019.It made improvements to the network matching algorithm, increased the efficiency of the management system and simplified the development of smart contracts, making the code simpler and more understandable. 

The Carthage upgrade was first announced in Novemberlast year, and its development was undertaken by CryptiumLabs and NomadicLabs. Carthage complements the already feature-rich Babylon protocol and also fixes minor bugs. The most significant improvements coming to the Tezos network – This is a corrected reward formula and an increase in the gas limit, which will allow the network to execute more smart contracts.

You can read about the features of the Tezos blockchain and cryptocurrency in our review of the altcoin.