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AMD $511.39 -7.82%

The 16th upgrade of the Tezos protocol, Paris, has been launched on the mainnet

2024-06-05 18:26:35

ChainCatcher news, the 16th upgrade of the Tezos protocol, Paris, has been launched on the mainnet on June 5, aiming to make the network faster and more scalable.

A key goal of this upgrade and Tezos's scalability roadmap is to maintain low transaction fees in the EVM-compatible L2 network Etherlink, even under high network demand.

Tezos co-founder Arthur Breitman stated that after the upgrade, Etherlink is now cheaper than Arbitrum and Optimism, and the user experience (UX) has improved.

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